Report Update: May 1, 2024

Malaysia - Non-Electric Furnaces And Ovens For The Roasting Or Melting - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Roasting Furnace Price in Malaysia - 2022

Non-Electric Roasting Furnace Price in Malaysia (CIF) - 2022

The average non-electric roasting furnace import price stood at $12,271 per unit in 2022, jumping by 25% against the previous year. Overall, the import price saw a perceptible expansion. The growth pace was the most rapid in 2015 when the average import price increased by 257% against the previous year. As a result, import price reached the peak level of $20,280 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($17,779 per unit), while the price for Singapore ($1,421 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Electric Roasting Furnace Price in Malaysia (FOB) - 2022

In 2022, the average non-electric roasting furnace export price amounted to $4,688 per unit, which is down by -52.6% against the previous year. Overall, the export price faced a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 84% against the previous year. The export price peaked at $16,537 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($6,445 per unit), while the average price for exports to Singapore totaled $3,592 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+33.5%), while the prices for the other major destinations experienced a decline.

Non-Electric Roasting Furnace Imports in Malaysia

In 2022, imports of non-electric furnaces and ovens for the roasting or melting into Malaysia skyrocketed to 612 units, picking up by 43% on the year before. Over the period under review, imports enjoyed a pronounced expansion. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. As a result, imports reached the peak of 895 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-electric roasting furnace imports soared to $7.5M in 2022. Overall, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 83%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Non-Electric Roasting Furnace in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4.9	9.6	2.5	6.1	7.6%
Japan	0.4	0.8	0.8	0.9	31.0%
Singapore	0.2	0.3	0.1	0.2	0.0%
Taiwan (Chinese)	0.2	0.1	N/A	0.1	-20.6%
United Arab Emirates	N/A	N/A	0.1	N/A	0%
Others	0.3	0.1	0.6	0.1	-30.7%
Total	5.9	10.8	4.2	7.5	8.3%

Top Suppliers of Non-Electric Roasting Furnace to Malaysia in 2022:

China (345.0 units)
Singapore (164.0 units)
Japan (60.0 units)
Taiwan (Chinese) (33.0 units)

Non-Electric Roasting Furnace Exports in Malaysia

Non-electric roasting furnace exports from Malaysia skyrocketed to 114 units in 2022, rising by 44% compared with the year before. In general, exports posted prominent growth. The growth pace was the most rapid in 2021 when exports increased by 108% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, non-electric roasting furnace exports shrank notably to $537K in 2022. Over the period under review, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 169% against the previous year. The exports peaked at $925K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Non-Electric Roasting Furnace in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	8.8	35.5	5.3	283	218.0%
Singapore	7.5	34.5	3.2	253	223.1%
Mexico	N/A	216	44.4	N/A	-79.4%
Japan	N/A	N/A	27.6	N/A	0%
India	736	N/A	101	N/A	-63.0%
Indonesia	3.4	N/A	57.8	N/A	312.3%
Bangladesh	4.6	N/A	N/A	N/A	0%
Australia	N/A	N/A	290	N/A	0%
Others	165	5.4	253	N/A	23.8%
Total	925	291	782	537	-16.6%

Top Export Markets for Non-Electric Roasting Furnace from Malaysia in 2022:

Singapore (71.0 units)
Thailand (44.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric roasting furnace market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28211230 - Non-electric furnaces and ovens for the roasting, melting or other heat-treatment of ores, pyrites or of metals

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023