Malaysia - Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lighting Equipment for Motor Vehicles in Malaysia - 2021
Contents:
- Price for Lighting Equipment for Motor Vehicles in Malaysia (CIF) - 2021
- Price for Lighting Equipment for Motor Vehicles in Malaysia (FOB) - 2021
- Imports of Lighting Equipment for Motor Vehicles in Malaysia
- Exports of Lighting Equipment for Motor Vehicles in Malaysia
Price for Lighting Equipment for Motor Vehicles in Malaysia (CIF) - 2021
In December 2021, the average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $32.6 per unit, approximately equating the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2021 an increase of 10% m-o-m. The import price peaked at $32.9 per unit in May 2021; however, from June 2021 to December 2021, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the highest price was recorded for prices from Thailand ($33.2 per unit) and Vietnam ($33.2 per unit), while the price for China ($30.4 per unit) and Taiwan (Chinese) ($33.0 per unit) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lighting Equipment for Motor Vehicles in Malaysia (FOB) - 2021
In December 2021, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $40.6 per unit, remaining constant against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in January 2021 when the average export price increased by 28% month-to-month. Over the period under review, the average export prices reached the peak figure at $42.1 per unit in July 2021; however, from August 2021 to December 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Japan ($42.2 per unit), while the average price for exports to France ($14.2 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 Japan (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lighting Equipment for Motor Vehicles in Malaysia
After three years of growth, purchases abroad of electrical lighting or visual signaling equipment for motor vehicles and cycles decreased by -6.4% to 14M units in 2022. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of 15M units, and then reduced in the following year.
In value terms, lighting equipment for motor vehicles imports rose markedly to $161M in 2022. Over the period under review, imports recorded a slight decrease. Over the period under review, imports attained the maximum at $181M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Lighting Equipment for Motor Vehicles in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 160 | 0% |
| China | 30.3 | 42.9 | 27.9 | 1.0 | -67.9% |
| Thailand | 47.0 | 40.2 | 35.3 | N/A | -13.3% |
| Vietnam | 9.3 | 14.0 | 9.7 | N/A | 2.1% |
| Japan | 25.8 | 19.6 | 16.1 | N/A | -21.0% |
| Indonesia | 9.2 | 16.0 | 10.9 | N/A | 8.8% |
| Taiwan (Chinese) | 17.8 | 13.5 | 11.8 | N/A | -18.6% |
| Germany | 10.1 | 16.3 | 13.8 | N/A | 16.9% |
| Others | 17.9 | 18.0 | 16.1 | 0.1 | -82.3% |
| Total | 167 | 181 | 142 | 161 | -1.2% |
Top Suppliers of Lighting Equipment for Motor Vehicles to Malaysia in 2022:
- Taiwan (Chinese) (undefinedM units)
- Indonesia (undefinedM units)
- Germany (undefinedM units)
- Japan (undefinedM units)
- Thailand (undefinedM units)
- United Arab Emirates (13.3M units)
- China (0.5M units)
Exports of Lighting Equipment for Motor Vehicles in Malaysia
In 2022, after three years of growth, there was significant decline in shipments abroad of electrical lighting or visual signaling equipment for motor vehicles and cycles, when their volume decreased by -44.9% to 4M units. Over the period under review, exports continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 7.3M units, and then contracted markedly in the following year.
In value terms, lighting equipment for motor vehicles exports dropped to $77M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year. As a result, the exports reached the peak of $81M, and then fell in the following year.
| Export of Lighting Equipment for Motor Vehicles in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.2 | 0.1 | 0.2 | 75.9 | 624.0% |
| France | 0.7 | 0.7 | 0.9 | 0.2 | -34.1% |
| Indonesia | 1.6 | 0.9 | 5.4 | 0.1 | -60.3% |
| United States | 7.4 | 22.3 | 15.8 | 0.1 | -76.2% |
| Japan | 15.9 | 12.0 | 11.1 | 0.1 | -81.5% |
| Thailand | 15.9 | 15.5 | 20.7 | 0.1 | -81.5% |
| Spain | 0.1 | N/A | N/A | 0.1 | 0.0% |
| China | 4.7 | 1.5 | 0.6 | N/A | -64.3% |
| Vietnam | 0.6 | 0.8 | 4.0 | N/A | 158.2% |
| India | 0.8 | 3.9 | 8.3 | N/A | 222.1% |
| Philippines | 0.4 | 0.3 | 1.4 | N/A | 87.1% |
| Singapore | 14.4 | 12.1 | 5.3 | N/A | -39.3% |
| Brazil | 1.8 | 1.3 | 4.4 | N/A | 56.3% |
| Others | 2.3 | 1.7 | 3.1 | 0.5 | -39.9% |
| Total | 66.7 | 72.9 | 81.4 | 77.1 | 4.9% |
Top Export Markets for Lighting Equipment for Motor Vehicles from Malaysia in 2022:
- United Arab Emirates (3745.6K units)
- Spain (64.8K units)
- Japan (29.6K units)
- France (24.7K units)
- United States (16.4K units)
- Indonesia (8.6K units)
- Thailand (7.3K units)
- India (6.7K units)
- China (5.1K units)
- Philippines (4.3K units)
- Brazil (1.6K units)
- Singapore (1.4K units)
- Vietnam (0.5K units)
This report provides an in-depth analysis of the market for lighting equipment for motor vehicles 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
- Prodcom 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles
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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