Malaysia - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Mechanical Shovel and Excavator in Malaysia - 2021
Contents:
- Price for Mechanical Shovel and Excavator in Malaysia (CIF) - 2021
- Price for Mechanical Shovel and Excavator in Malaysia (FOB) - 2021
- Imports of Mechanical Shovel and Excavator in Malaysia
- Exports of Mechanical Shovel and Excavator in Malaysia
Price for Mechanical Shovel and Excavator in Malaysia (CIF) - 2021
The average mechanical shovel and excavator import price stood at $20,424 per unit in December 2021, picking up by 4.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in January 2021 when the average import price increased by 8.5% month-to-month. The import price peaked at $20,745 per unit in September 2021; afterwards, it flattened through to December 2021.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were the United States ($22,173 per unit) and South Korea ($20,114 per unit), while the price for China ($18,872 per unit) and Japan ($19,631 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 China (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mechanical Shovel and Excavator in Malaysia (FOB) - 2021
The average mechanical shovel and excavator export price stood at $24,607 per unit in December 2021, growing by 45% against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in June 2021 an increase of 159% m-o-m. As a result, the export price attained the peak level of $52,827 per unit. From July 2021 to December 2021, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($135K per unit), while the average price for exports to Papua New Guinea ($11,042 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 the United Arab Emirates (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mechanical Shovel and Excavator in Malaysia
Mechanical shovel and excavator imports into Malaysia shrank remarkably to 5.1K units in 2022, falling by -20.9% against 2021 figures. Overall, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports reached the peak of 6.5K units, and then reduced markedly in the following year.
In value terms, mechanical shovel and excavator imports reduced notably to $223M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. As a result, imports reached the peak of $300M, and then shrank sharply in the following year.
| Import of Mechanical Shovel and Excavator in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.5 | 39.8 | 104 | 77.4 | 9.2% |
| Japan | 37.3 | 30.7 | 53.5 | 39.5 | 1.9% |
| Indonesia | 48.8 | 25.9 | 44.3 | 32.2 | -12.9% |
| Thailand | 20.7 | 16.2 | 37.5 | 27.3 | 9.7% |
| South Korea | 19.5 | 9.7 | 23.1 | 16.8 | -4.8% |
| United States | 14.1 | 10.4 | 12.9 | 10.5 | -9.4% |
| India | 5.0 | 3.0 | 12.5 | 9.5 | 23.9% |
| Others | 14.0 | 10.6 | 12.1 | 9.8 | -11.2% |
| Total | 219 | 146 | 300 | 223 | 0.6% |
Top Suppliers of Mechanical Shovel and Excavator to Malaysia in 2022:
- China (2015.0 units)
- Japan (1407.0 units)
- United States (478.0 units)
- Indonesia (310.0 units)
- Thailand (271.0 units)
- India (220.0 units)
- South Korea (143.0 units)
Exports of Mechanical Shovel and Excavator in Malaysia
Mechanical shovel and excavator exports from Malaysia contracted to 295 units in 2022, reducing by -6.9% on 2021 figures. Over the period under review, exports faced a deep reduction. The smallest decline of -0.3% was in 2021. Over the period under review, the exports hit record highs at 536 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, mechanical shovel and excavator exports stood at $17M in 2022. Overall, exports saw a deep setback. Over the period under review, the exports attained the maximum at $31M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Mechanical Shovel and Excavator in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 11.1 | 6.9 | 9.4 | 10.6 | -1.5% |
| Singapore | 3.8 | 1.0 | 0.7 | 1.2 | -31.9% |
| Indonesia | 1.7 | 2.0 | 1.2 | 1.0 | -16.2% |
| Hong Kong SAR | 1.8 | 1.2 | 0.2 | 0.7 | -27.0% |
| Thailand | 0.4 | 1.6 | 0.2 | 0.5 | 7.7% |
| Bangladesh | 1.7 | 0.2 | 0.2 | 0.3 | -43.9% |
| Brunei Darussalam | 0.4 | 0.4 | 0.2 | 0.3 | -9.1% |
| China | 0.6 | 0.4 | 0.1 | 0.1 | -45.0% |
| Cambodia | 0.6 | N/A | N/A | N/A | 0% |
| Solomon Islands | 3.3 | N/A | 0.2 | N/A | -75.4% |
| Others | 5.2 | 3.7 | 3.9 | 2.1 | -26.1% |
| Total | 30.7 | 17.4 | 16.2 | 16.8 | -18.2% |
Top Export Markets for Mechanical Shovel and Excavator from Malaysia in 2022:
- Papua New Guinea (163.0 units)
- Bangladesh (23.0 units)
- Singapore (23.0 units)
- Thailand (15.0 units)
- Hong Kong SAR (14.0 units)
- Indonesia (13.0 units)
- Brunei Darussalam (10.0 units)
- China (3.0 units)
This report provides an in-depth analysis of the market for mechanical shovel and excavator 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 28922530 - Loaders specially designed for underground use
- Prodcom 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
- Prodcom 28922600 - Self-propelled bulldozers... with a .360
- Prodcom 28922730 - Self-propelled bulldozers, excavators..., n.e.c.
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
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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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