Malaysia - Electric Bakery And Biscuit Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial, Laboratory or Bakery Oven in Malaysia - 2021
Contents:
- Price for Industrial, Laboratory or Bakery Oven in Malaysia (CIF) - 2022
- Price for Industrial, Laboratory or Bakery Oven in Malaysia (FOB) - 2022
- Imports of Industrial, Laboratory or Bakery Oven in Malaysia
- Exports of Industrial, Laboratory or Bakery Oven in Malaysia
Price for Industrial, Laboratory or Bakery Oven in Malaysia (CIF) - 2022
The average import price for industrial, laboratory or bakery ovens stood at $2,474 per unit in 2022, increasing by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 112% against the previous year. Over the period under review, average import prices attained the maximum at $7,485 per unit in 2017; however, from 2018 to 2022, 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 the United States ($18,154 per unit), while the price for China ($844 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) (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Industrial, Laboratory or Bakery Oven in Malaysia (FOB) - 2022
In 2022, the average export price for industrial, laboratory or bakery ovens amounted to $4,557 per unit, waning by -11% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial, laboratory or bakery oven export price increased by +62.7% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 62%. As a result, the export price reached the peak level of $5,196 per unit. From 2016 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 Japan ($7,453 per unit), while the average price for exports to Bangladesh ($180 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 Benin (+47.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Industrial, Laboratory or Bakery Oven in Malaysia
In 2022, after three years of growth, there was significant decline in supplies from abroad of industrial, laboratory or bakery ovens, when their volume decreased by -9.9% to 15K units. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 65%. Imports peaked at 16K units in 2021, and then reduced in the following year.
In value terms, industrial, laboratory or bakery oven imports amounted to $36M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 74% against the previous year. As a result, imports reached the peak of $37M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Industrial, Laboratory or Bakery Oven in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 20.2 | 11.4 | 12.2 | 56.2% |
| China | 5.6 | 7.3 | 8.5 | 9.0 | 17.1% |
| South Korea | 1.4 | 3.8 | 3.8 | 4.0 | 41.9% |
| Japan | 6.1 | 2.2 | 3.4 | 3.9 | -13.9% |
| Italy | 0.6 | 0.8 | 1.4 | 1.5 | 35.7% |
| Taiwan (Chinese) | 0.2 | 0.1 | 1.0 | 1.0 | 71.0% |
| United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
| Others | 4.0 | 2.4 | 6.7 | 4.6 | 4.8% |
| Total | 21.1 | 36.6 | 36.1 | 36.4 | 19.9% |
Top Suppliers of Industrial, Laboratory or Bakery Oven to Malaysia in 2022:
- China (10.7K units)
- South Korea (1.5K units)
- United States (0.7K units)
- Taiwan (Chinese) (0.5K units)
- Italy (0.4K units)
- Japan (0.3K units)
Exports of Industrial, Laboratory or Bakery Oven in Malaysia
In 2022, the amount of industrial, laboratory or bakery ovens exported from Malaysia skyrocketed to 1.2K units, surging by 21% on 2021 figures. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 277% against the previous year. As a result, the exports attained the peak of 1.5K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, industrial, laboratory or bakery oven exports rose rapidly to $5.6M in 2022. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 445% against the previous year. As a result, the exports reached the peak of $6M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Industrial, Laboratory or Bakery Oven in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 33.0 | 128 | 2,041 | 1,990 | 292.1% |
| Singapore | 101 | 348 | 694 | 677 | 88.5% |
| Switzerland | 291 | 1,345 | 223 | 529 | 22.0% |
| United States | 13.2 | 191 | 156 | 228 | 158.5% |
| Indonesia | 101 | 78.8 | 193 | 188 | 23.0% |
| Taiwan (Chinese) | 8.2 | 110 | 148 | 144 | 159.9% |
| Netherlands | 27.2 | 23.4 | 109 | 106 | 57.4% |
| Vietnam | 21.3 | 108 | 83.5 | 81.5 | 56.4% |
| Philippines | 3.9 | 90.7 | 97.1 | 41.5 | 120.0% |
| United Arab Emirates | 16.3 | 47.2 | 3.3 | 23.0 | 12.2% |
| Bangladesh | 2.7 | 15.7 | 5.1 | 4.0 | 14.0% |
| Others | 482 | 3,516 | 1,456 | 1,593 | 49.0% |
| Total | 1,101 | 6,001 | 5,208 | 5,605 | 72.0% |
Top Export Markets for Industrial, Laboratory or Bakery Oven from Malaysia in 2022:
- Indonesia (279.0 units)
- Japan (267.0 units)
- Singapore (190.0 units)
- Switzerland (101.0 units)
- United States (64.0 units)
- United Arab Emirates (54.0 units)
- Taiwan (Chinese) (39.0 units)
- Netherlands (24.0 units)
- Philippines (24.0 units)
- Bangladesh (22.0 units)
- Vietnam (21.0 units)
This report provides an in-depth analysis of the market for industrial, laboratory or bakery oven 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 28211330 - Electric bakery and biscuit ovens
- Prodcom 28211351 - Resistance heated industrial or laboratory furnaces and ovens (excluding bakery and biscuit ovens)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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