Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia - 2024

Contents:

  1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia
  4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $25,008 per ton, with an increase of 37% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 127% against the previous year. The import price peaked at $26,093 per ton in 2015; however, from 2016 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 Japan ($47,868 per ton), while the price for China ($4,117 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $18,335 per ton, which is down by -16.8% against the previous year. Over the period under review, the export price saw a drastic downturn. The growth pace was the most rapid in 2021 when the average export price increased by 37% against the previous year. The export price peaked at $61,958 per ton in 2012; however, from 2013 to 2022, the 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 China ($52,077 per ton), while the average price for exports to Vietnam ($2,468 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 China (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia

In 2022, purchases abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -5.6% to 2.7K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 37%. As a result, imports reached the peak of 3.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses skyrocketed to $67M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore7.29.326.541.479.2%
China7.07.25.14.7-12.4%
Germany2.82.34.34.315.4%
United States1.91.22.23.623.7%
Japan3.02.84.43.33.2%
Switzerland0.80.61.02.750.0%
Taiwan (Chinese)0.90.73.21.723.6%
India0.20.60.30.644.2%
Others3.52.65.04.811.1%
Total27.327.251.867.034.9%

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Malaysia in 2022:

  1. China (1138.2 tons)
  2. Singapore (924.8 tons)
  3. Germany (117.7 tons)
  4. Switzerland (94.2 tons)
  5. United States (85.6 tons)
  6. Taiwan (Chinese) (83.3 tons)
  7. Japan (68.3 tons)
  8. India (47.2 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia

In 2022, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses from Malaysia shrank to 564 tons, which is down by -10.1% on 2021. Overall, exports continue to indicate a dramatic decline.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses dropped markedly to $10M in 2022. In general, exports faced a sharp decline. The smallest decline of -4.6% was in 2021.

Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore18.95.95.45.6-33.3%
United States0.41.60.71.140.1%
South Korea0.60.30.70.75.3%
China1.31.52.70.5-27.3%
Thailand3.20.40.80.5-46.1%
Taiwan (Chinese)1.01.51.30.3-33.1%
Vietnam0.30.20.30.30.0%
IndiaN/A0.10.10.241.4%
Australia0.30.10.20.1-30.7%
Indonesia0.60.30.30.1-45.0%
Papua New GuineaN/AN/AN/A0.10%
Others2.42.41.20.7-33.7%
Total28.914.513.810.3-29.1%

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Malaysia in 2022:

  1. Singapore (273.1 tons)
  2. Vietnam (119.7 tons)
  3. United States (28.3 tons)
  4. South Korea (26.2 tons)
  5. India (17.2 tons)
  6. Indonesia (14.7 tons)
  7. Taiwan (Chinese) (14.0 tons)
  8. Papua New Guinea (14.0 tons)
  9. Thailand (13.7 tons)
  10. China (10.3 tons)
  11. Australia (8.6 tons)

Source: IndexBox Market Intelligence Platform

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