Price for Baby Carriages and Parts Thereof in Malaysia - 2021

Contents:

1. Price for Baby Carriages and Parts Thereof in Malaysia (CIF) - 2021
2. Price for Baby Carriages and Parts Thereof in Malaysia (FOB) - 2021
3. Imports of Baby Carriages and Parts Thereof in Malaysia
4. Exports of Baby Carriages and Parts Thereof in Malaysia

Price for Baby Carriages and Parts Thereof in Malaysia (CIF) - 2021

In December 2021, the average import price for baby carriages and parts thereoves amounted to $19.9 per unit, picking up by 10% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2021 when the average import price increased by 22% against the previous month. As a result, import price reached the peak level of $23.8 per unit. From October 2021 to December 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($34.7 per unit), while the price for China totaled $19.0 per unit.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+9.0%).

Price for Baby Carriages and Parts Thereof in Malaysia (FOB) - 2021

The average export price for baby carriages and parts thereoves stood at $24.4 per unit in December 2021, declining by -2.4% against the previous month. Over the period under review, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in February 2021 when the average export price increased by 100% against the previous month. As a result, the export price reached the peak level of $51.9 per unit. From March 2021 to December 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was Singapore ($70.3 per unit), while the average price for exports to Indonesia ($22.1 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.5%), while the prices for the other major destinations experienced a decline.

Imports of Baby Carriages and Parts Thereof in Malaysia

In 2022, imports of baby carriages and parts thereoves into Malaysia dropped to 225K units, which is down by -10.6% on 2021 figures. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 26%. Imports peaked at 274K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, baby carriages and parts thereof imports declined rapidly to $13M in 2022. Overall, imports saw a mild decline. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of $16M, and then declined dramatically in the following year.

Top Suppliers of Baby Carriages and Parts Thereof to Malaysia in 2022:

1. China (218.1K units)

Exports of Baby Carriages and Parts Thereof in Malaysia

In 2022, approx. 46K units of baby carriages and parts thereoves were exported from Malaysia; waning by -22.5% compared with the year before. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 82%. As a result, the exports reached the peak of 59K units, and then dropped markedly in the following year.

In value terms, baby carriages and parts thereof exports fell notably to $1.4M in 2022. Over the period under review, total exports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 76%. As a result, the exports reached the peak of $1.8M, and then contracted rapidly in the following year.

Top Export Markets for Baby Carriages and Parts Thereof from Malaysia in 2022:

1. Indonesia (34.0K units)
2. Brunei Darussalam (6.0K units)
3. Singapore (4.2K units)

Source: IndexBox Market Intelligence Platform