Price for Liquid Elevators; Parts Thereof in Malaysia - 2021

Contents:

  1. Price for Liquid Elevators; Parts Thereof in Malaysia (CIF) - 2022
  2. Price for Liquid Elevators; Parts Thereof in Malaysia (FOB) - 2022
  3. Imports of Liquid Elevators; Parts Thereof in Malaysia
  4. Exports of Liquid Elevators; Parts Thereof in Malaysia

Price for Liquid Elevators; Parts Thereof in Malaysia (CIF) - 2022

In 2022, the average liquid elevators; parts thereof import price amounted to $22,413 per ton, with an increase of 23% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 82% against the previous year. The import price peaked at $30,612 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 ($123,039 per ton), while the price for Indonesia ($5,852 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Liquid Elevators; Parts Thereof in Malaysia (FOB) - 2022

The average liquid elevators; parts thereof export price stood at $14,282 per ton in 2022, declining by -2.3% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 41%. Over the period under review, the average export prices reached the peak figure at $24,022 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($78,978 per ton), while the average price for exports to Singapore ($7,796 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Liquid Elevators; Parts Thereof in Malaysia

After two years of decline, purchases abroad of liquid elevators; parts thereoves increased by 22% to 55 tons in 2022. Overall, imports, however, showed a deep downturn.

In value terms, liquid elevators; parts thereof imports soared to $1.2M in 2022. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 76%. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Liquid Elevators; Parts Thereof in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.513.841.8405445.1%
Thailand8.217.614.5186183.1%
China306146126102-30.7%
Japan91.216110586.1-1.9%
Indonesia1.413199.671.9271.7%
India16652.514.771.0-24.7%
Germany22.153861.546.728.3%
Belgium16.133.928.022.011.0%
Taiwan (Chinese)21.629.914.216.4-8.8%
Others303523311224-9.6%
Total9381,6488161,2329.5%

Top Suppliers of Liquid Elevators; Parts Thereof to Malaysia in 2022:

  1. Indonesia (12.3 tons)
  2. Netherlands (10.0 tons)
  3. China (7.6 tons)
  4. Thailand (6.7 tons)
  5. India (5.0 tons)
  6. Japan (2.5 tons)
  7. Belgium (2.0 tons)
  8. Taiwan (Chinese) (1.7 tons)
  9. Germany (0.7 tons)

Exports of Liquid Elevators; Parts Thereof in Malaysia

Liquid elevators; parts thereof exports from Malaysia shrank significantly to 42 tons in 2022, falling by -17.2% on the previous year. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 70%.

In value terms, liquid elevators; parts thereof exports dropped sharply to $595K in 2022. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 62%.

Export of Liquid Elevators; Parts Thereof in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran18.424.9586464193.2%
United States9.35.17.246.771.2%
Thailand94.23.011.08.7-54.8%
United Kingdom79666.652.28.1-78.3%
Guatemala56.612.78.77.2-49.7%
Singapore79.82.83.95.1-60.0%
Belgium16.24.64.03.8-38.3%
Saudi Arabia49.12.20.62.8-61.5%
OmanN/A254N/AN/A0%
Others37378.962.148.5-49.3%
Total1,493454736595-26.4%

Top Export Markets for Liquid Elevators; Parts Thereof from Malaysia in 2022:

  1. Iran (37.6 tons)
  2. United States (1.7 tons)
  3. Singapore (0.7 tons)
  4. Saudi Arabia (0.2 tons)
  5. Guatemala (0.2 tons)
  6. Belgium (0.2 tons)
  7. United Kingdom (0.1 tons)
  8. Thailand (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Liquid elevators; parts thereof - Malaysia