Malaysia - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lift, Elevator, Stairway and Dragline in Malaysia - 2021
Contents:
- Price for Lift, Elevator, Stairway and Dragline in Malaysia (CIF) - 2022
- Price for Lift, Elevator, Stairway and Dragline in Malaysia (FOB) - 2021
- Imports of Lift, Elevator, Stairway and Dragline in Malaysia
- Exports of Lift, Elevator, Stairway and Dragline in Malaysia
Price for Lift, Elevator, Stairway and Dragline in Malaysia (CIF) - 2022
In 2022, the average import price for lifts, elevators, moving stairways and draglines amounted to $8,214 per unit, declining by -44% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 45% against the previous year. The import price peaked at $14,662 per unit in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($29,456 per unit), while the price for the Netherlands ($1,361 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.2%), while the prices for the other major suppliers experienced a decline.
Price for Lift, Elevator, Stairway and Dragline in Malaysia (FOB) - 2021
In December 2021, the average export price for lifts, elevators, moving stairways and draglines amounted to $22,829 per unit, which is down by -7.1% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in March 2021 an increase of 40% against the previous month. As a result, the export price attained the peak level of $32,667 per unit; afterwards, it flattened through to December 2021.
Average prices varied somewhat for the major external markets. In December 2021, the highest price was recorded for prices to Singapore ($28,405 per unit) and Argentina ($28,282 per unit), while the average price for exports to Thailand ($21,080 per unit) and India ($21,081 per unit) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lift, Elevator, Stairway and Dragline in Malaysia
In 2022, after two years of decline, there was significant growth in purchases abroad of lifts, elevators, moving stairways and draglines, when their volume increased by 51% to 16K units. In general, imports, however, showed a noticeable contraction. Imports peaked at 18K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, lift, elevator, stairway and dragline imports contracted dramatically to $129M in 2022. Over the period under review, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Imports peaked at $189M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Lift, Elevator, Stairway and Dragline in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 126 | 97.6 | 115 | 91.6 | -10.1% |
| Thailand | 30.7 | 20.2 | 15.7 | 16.6 | -18.5% |
| South Korea | 10.7 | 3.0 | 3.8 | 4.3 | -26.2% |
| Japan | 5.5 | 3.4 | 3.4 | 3.1 | -17.4% |
| Sweden | 3.0 | 2.3 | 3.6 | 2.9 | -1.1% |
| Singapore | 2.2 | 1.8 | 2.6 | 2.1 | -1.5% |
| Germany | 3.9 | 1.9 | 0.9 | 1.7 | -24.2% |
| Italy | 1.7 | 1.1 | 1.4 | 1.1 | -13.5% |
| Netherlands | 0.8 | 0.9 | 0.8 | 0.6 | -9.1% |
| Others | 4.8 | 4.7 | 5.5 | 5.2 | 2.7% |
| Total | 189 | 137 | 153 | 129 | -12.0% |
Top Suppliers of Lift, Elevator, Stairway and Dragline to Malaysia in 2022:
- China (11.5K units)
- Germany (0.7K units)
- Thailand (0.6K units)
- Netherlands (0.5K units)
- Singapore (0.5K units)
- South Korea (0.4K units)
- Italy (0.3K units)
- Japan (0.3K units)
- Sweden (0.3K units)
Exports of Lift, Elevator, Stairway and Dragline in Malaysia
In 2022, lift, elevator, stairway and dragline exports from Malaysia fell dramatically to 257 units, declining by -69.6% against the previous year's figure. Overall, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 6.3% against the previous year. Over the period under review, the exports attained the maximum at 1.6K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, lift, elevator, stairway and dragline exports contracted sharply to $3.5M in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of -10.6% was in 2021. Over the period under review, the exports reached the peak figure at $36M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Lift, Elevator, Stairway and Dragline in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.8 | 5.2 | 0.2 | 0.8 | -56.6% |
| Poland | 5.0 | 1.4 | 4.2 | 0.8 | -45.7% |
| China | 7.9 | 1.7 | 1.1 | 0.6 | -57.7% |
| Philippines | 3.2 | 1.0 | 0.3 | 0.2 | -60.3% |
| Indonesia | 2.2 | 0.8 | 1.4 | 0.2 | -55.0% |
| Singapore | 0.7 | 0.3 | 0.9 | 0.2 | -34.1% |
| Vietnam | 1.2 | 0.6 | 0.4 | 0.1 | -56.3% |
| Thailand | 1.5 | 0.3 | 0.5 | 0.1 | -59.5% |
| Hong Kong SAR | 0.2 | N/A | N/A | N/A | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Mexico | 0.4 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Australia | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Others | 3.6 | 2.7 | 3.7 | 0.3 | -56.3% |
| Total | 36.1 | 14.4 | 12.9 | 3.5 | -54.1% |
Top Export Markets for Lift, Elevator, Stairway and Dragline from Malaysia in 2022:
- China (30.0 units)
- Vietnam (29.0 units)
- Poland (29.0 units)
- Philippines (28.0 units)
- Singapore (28.0 units)
- Thailand (23.0 units)
- India (21.0 units)
- Indonesia (16.0 units)
- Australia (7.0 units)
- Taiwan (Chinese) (7.0 units)
- Mexico (6.0 units)
- Hong Kong SAR (6.0 units)
- Belgium (4.0 units)
This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
- Prodcom 28221670 - Escalators and moving walkways
- Prodcom 28221740 - Pneumatic elevators and conveyors
- Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars
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
-
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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