Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia - 2024
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia (CIF) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia (FOB) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia (CIF) - 2022
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $10,445 per unit in 2022, dropping by -34.2% against the previous year. Over the period under review, the import price saw a deep downturn. The pace of growth was the most pronounced in 2019 an increase of 67% against the previous year. The import price peaked at $25,054 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Japan ($141,845 per unit), while the price for the United States ($1,767 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-3.5%), while the prices for the other major suppliers experienced a decline.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia (FOB) - 2022
The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $32,943 per unit in 2022, surging by 97% against the previous year. Over the period under review, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 289%. As a result, the export price attained the peak level of $34,104 per unit. From 2014 to 2022, the average 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 Germany ($427,252 per unit), while the average price for exports to China ($2,656 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2,194.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses imported into Malaysia surged to 1.7K units, picking up by 81% against 2021. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 174% against the previous year. As a result, imports reached the peak of 1.7K units; afterwards, it flattened through to 2022.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $18M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 157%. As a result, imports attained the peak of $18M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 8.7 | 6.2 | 8.4 | 56.3% |
| Japan | 2.9 | 4.8 | 3.6 | 4.3 | 14.0% |
| Italy | N/A | N/A | N/A | 1.2 | 0% |
| Taiwan (Chinese) | 0.5 | 0.4 | 1.4 | 1.1 | 30.1% |
| United States | 0.1 | 1.1 | N/A | 0.5 | 71.0% |
| Others | 1.6 | 3.5 | 3.6 | 2.2 | 11.2% |
| Total | 7.2 | 18.5 | 14.8 | 17.7 | 35.0% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Malaysia in 2022:
- China (932.0 units)
- Italy (316.0 units)
- United States (294.0 units)
- Taiwan (Chinese) (78.0 units)
- Japan (30.0 units)
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia
After two years of decline, overseas shipments of casting machines; of a kind used in metallurgy or in metal foundrieses increased by 231% to 43 units in 2022. Over the period under review, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $1.4M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 171 | 104 | 148 | 619 | 53.5% |
| Germany | N/A | 8.1 | N/A | 427 | 626.1% |
| Indonesia | 143 | N/A | N/A | 368 | 37.0% |
| China | N/A | 24.3 | N/A | 2.7 | -66.7% |
| Sri Lanka | 5.0 | N/A | N/A | N/A | 0% |
| Vietnam | 237 | N/A | N/A | N/A | 0% |
| Japan | 146 | N/A | N/A | N/A | 0% |
| Singapore | 18.9 | 4.3 | N/A | N/A | -77.2% |
| Others | 27.0 | 82.7 | 69.3 | N/A | 60.2% |
| Total | 748 | 223 | 217 | 1,417 | 23.7% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Malaysia in 2022:
- India (30.0 units)
- Indonesia (11.0 units)
- Germany (1.0 units)
- China (1.0 units)
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