Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Malaysia - 2023

Contents:

1. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Malaysia (CIF) - 2022
2. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Malaysia (FOB) - 2022
3. Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Malaysia
4. Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Malaysia

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Malaysia (CIF) - 2022

In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $2,766 per unit, which is down by -22.7% against the previous year. In general, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 315%. The import price peaked at $7,339 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($9,020 per unit), while the price for Singapore ($1,477 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Malaysia (FOB) - 2022

In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $1,281 per unit, waning by -34.7% against the previous year. In general, the export price recorded a pronounced slump. The pace of growth was the most pronounced in 2018 an increase of 100% against the previous year. The export price peaked at $3,371 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($4,683 per unit), while the average price for exports to Cambodia ($188 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 South Korea (+15.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Malaysia

For the fourth year in a row, Malaysia recorded growth in supplies from abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs, which increased by 26% to 6.5K units in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs shrank to $18M in 2022. Overall, imports, however, saw a noticeable reduction. The growth pace was the most rapid in 2021 when imports increased by 1.1% against the previous year. Over the period under review, imports of hit record highs at $19M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Malaysia in 2022:

1. China (4794.0 units)
2. Japan (366.0 units)
3. Germany (346.0 units)
4. Singapore (255.0 units)
5. South Korea (194.0 units)
6. Finland (106.0 units)
7. Taiwan (Chinese) (79.0 units)
8. United States (64.0 units)

Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Malaysia

In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs exported from Malaysia skyrocketed to 420 units, jumping by 19% against the previous year's figure. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs reduced sharply to $538K in 2022. In general, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 102%. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Malaysia in 2022:

1. Indonesia (145.0 units)
2. Singapore (85.0 units)
3. Germany (60.0 units)
4. Thailand (19.0 units)
5. South Korea (18.0 units)
6. China (16.0 units)
7. Brunei Darussalam (13.0 units)
8. Ghana (11.0 units)
9. Cambodia (10.0 units)
10. Switzerland (10.0 units)
11. Belgium (10.0 units)

Source: IndexBox Market Intelligence Platform