Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia - 2024
Contents:
- Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia (CIF) - 2022
- Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia (FOB) - 2022
- Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia
- Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia
Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia (CIF) - 2022
The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $339 per unit in 2022, which is down by -32.4% against the previous year. Over the period under review, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $1,472 per unit. From 2014 to 2022, the average 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 Italy ($1,028 per unit), while the price for South Korea ($145 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-2.6%), while the prices for the other major suppliers experienced a decline.
Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia (FOB) - 2022
In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,285 per unit, reducing by -23.3% against the previous year. Over the period under review, the export price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 117% against the previous year. The export price peaked at $1,846 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($2,273 per unit), while the average price for exports to Indonesia ($437 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 Australia (+42.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia
In 2022, overseas purchases of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses increased by 209% to 18K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt shrinkage. Imports peaked at 33K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses skyrocketed to $6.2M in 2022. In general, imports, however, saw a dramatic decline. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 1.4 | 1.6 | 3.7 | 35.1% |
| Japan | 7.9 | 0.5 | 0.3 | 0.6 | -57.7% |
| Italy | 0.4 | 0.5 | 0.5 | 0.4 | 0.0% |
| Switzerland | 0.1 | N/A | N/A | 0.4 | 58.7% |
| South Korea | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
| Indonesia | 2.0 | 0.3 | 0.3 | N/A | -61.3% |
| Others | 0.6 | 0.3 | 0.1 | 0.7 | 5.3% |
| Total | 12.7 | 3.3 | 2.9 | 6.2 | -21.3% |
Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Malaysia in 2022:
- China (11.9K units)
- Japan (2.2K units)
- South Korea (2.2K units)
- Switzerland (0.8K units)
- Italy (0.4K units)
Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia
In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses exported from Malaysia rose notably to 614 units, with an increase of 13% compared with 2021. Overall, exports, however, saw a noticeable curtailment. The exports peaked at 684 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses declined to $789K in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, the exports attained the peak of $975K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 183 | 617 | 719 | 574 | 46.4% |
| Thailand | 323 | 54.4 | 19.6 | 78.7 | -37.5% |
| Australia | 87.6 | 115 | 142 | 45.5 | -19.6% |
| Vietnam | 39.0 | 111 | 27.7 | 33.7 | -4.8% |
| Brunei Darussalam | 15.9 | 8.0 | N/A | 20.7 | 9.2% |
| Indonesia | 4.6 | N/A | N/A | 17.0 | 54.6% |
| Taiwan (Chinese) | 11.1 | N/A | N/A | 8.3 | -9.2% |
| Others | 10.7 | 68.7 | N/A | 11.8 | 3.3% |
| Total | 675 | 975 | 908 | 789 | 5.3% |
Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Malaysia in 2022:
- Singapore (402.0 units)
- Thailand (104.0 units)
- Indonesia (39.0 units)
- Vietnam (26.0 units)
- Australia (20.0 units)
- Brunei Darussalam (12.0 units)
- Taiwan (Chinese) (10.0 units)
288
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This report provides an in-depth analysis of the automatic goods-vending machine market in Malaysia.
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