Malaysia - Iron Or Steel Solid Fuel Domestic Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Solid Fuel Appliances in Malaysia - 2021
Contents:
- Price for Metal Solid Fuel Appliances in Malaysia (CIF) - 2022
- Price for Metal Solid Fuel Appliances in Malaysia (FOB) - 2022
- Imports of Metal Solid Fuel Appliances in Malaysia
- Exports of Metal Solid Fuel Appliances in Malaysia
Price for Metal Solid Fuel Appliances in Malaysia (CIF) - 2022
In 2022, the average metal solid fuel appliances import price amounted to $542 per unit, declining by -5% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 60%. As a result, import price attained the peak level of $695 per unit. From 2017 to 2022, the average import prices remained 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 Japan ($3,868 per unit), while the price for China stood at $535 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+23.6%).
Price for Metal Solid Fuel Appliances in Malaysia (FOB) - 2022
In 2022, the average metal solid fuel appliances export price amounted to $27 per unit, reducing by -49.2% against the previous year. Over the period under review, the export price saw a dramatic decline. The most prominent rate of growth was recorded in 2017 an increase of 127% against the previous year. The export price peaked at $336 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +35.8% per year.
Imports of Metal Solid Fuel Appliances in Malaysia
Metal solid fuel appliances imports into Malaysia fell slightly to 8K units in 2022, shrinking by -2.3% compared with 2021 figures. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 6.6%. Imports peaked at 9.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, metal solid fuel appliances imports declined to $4.4M in 2022. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. Over the period under review, imports reached the peak figure at $5.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Metal Solid Fuel Appliances in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 1.1 | 2.1 | 4.3 | 36.3% |
| Japan | 1.5 | 1.1 | 1.2 | N/A | -10.6% |
| Mexico | 0.4 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 0.4 | N/A | 0.3 | N/A | -13.4% |
| Others | 1.2 | 1.8 | 1.1 | N/A | -4.3% |
| Total | 5.1 | 4.0 | 4.7 | 4.4 | -4.8% |
Top Suppliers of Metal Solid Fuel Appliances to Malaysia in 2022:
- Japan (undefinedK units)
- Taiwan (Chinese) (undefinedK units)
- China (8.0K units)
Exports of Metal Solid Fuel Appliances in Malaysia
Metal solid fuel appliances exports from Malaysia rose to 559 units in 2022, surging by 4.3% against 2021. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,044%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, metal solid fuel appliances exports fell sharply to $15K in 2022. In general, exports, however, continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1,604%. Over the period under review, the exports attained the peak figure at $37K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Metal Solid Fuel Appliances in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.3 | 0.1 | 9.1 | 11.3 | 235.2% |
| Sweden | 9.3 | 0.6 | 6.7 | 1.4 | -46.8% |
| Brunei Darussalam | 0.8 | 0.2 | 0.6 | 0.4 | -20.6% |
| Singapore | 6.5 | N/A | 4.3 | 0.2 | -68.7% |
| Indonesia | 1.9 | 0.1 | 0.7 | 0.2 | -52.8% |
| Kuwait | 9.4 | 0.2 | N/A | N/A | -97.9% |
| Others | 9.0 | 0.5 | 7.2 | 1.6 | -43.8% |
| Total | 37.2 | 1.7 | 28.5 | 15.1 | -26.0% |
Top Export Markets for Metal Solid Fuel Appliances from Malaysia in 2022:
- Netherlands (529.0 units)
- Brunei Darussalam (4.0 units)
- Singapore (3.0 units)
- Sweden (3.0 units)
- Indonesia (2.0 units)
This report provides an in-depth analysis of the market for metal solid fuel appliances 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 27521270 - Iron or steel solid fuel domestic appliances, including heaters, g rates, fires and braziers (excluding cooking appliances and plate warmers)
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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