Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia - 2024
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $47 per unit, surging by 3.1% against the previous year. Over the period under review, the import price, however, saw a slight descent. The most prominent rate of growth was recorded in 2021 an increase of 38% against the previous year. Over the period under review, average import prices attained the maximum at $58 per unit in 2013; however, from 2014 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 ($249 per unit), while the price for China ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $145 per unit, shrinking by -6% against the previous year. In general, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 86% against the previous year. As a result, the export price reached the peak level of $213 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($551 per unit), while the average price for exports to Singapore ($24 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 Brazil (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia
For the third year in a row, Malaysia recorded decline in purchases abroad of tools; for working in the hand, pneumatic, other than rotary type, which decreased by -15.6% to 210K units in 2022. Overall, imports recorded a dramatic descent. Imports peaked at 558K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type fell to $9.9M in 2022. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the peak figure at $14M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.5 | 4.6 | 4.9 | 4.0 | -10.1% |
| Taiwan (Chinese) | 2.5 | 1.7 | 1.9 | 2.1 | -5.6% |
| Japan | 1.4 | 1.2 | 1.8 | 1.5 | 2.3% |
| United States | 2.0 | 0.3 | 0.5 | 0.2 | -53.6% |
| Others | 2.8 | 2.4 | 2.2 | 2.1 | -9.1% |
| Total | 14.1 | 10.2 | 11.3 | 9.9 | -11.1% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Malaysia in 2022:
- China (132.9K units)
- Taiwan (Chinese) (62.4K units)
- Japan (6.0K units)
- United States (1.2K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia
In 2022, exports of tools; for working in the hand, pneumatic, other than rotary type from Malaysia surged to 33K units, with an increase of 115% against 2021. Over the period under review, exports, however, faced a abrupt shrinkage. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at 64K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type soared to $4.8M in 2022. Overall, exports, however, continue to indicate a deep slump. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type reached the maximum at $7.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 865 | 1,280 | 1,136 | 1,835 | 28.5% |
| China | 355 | 1,054 | 130 | 1,111 | 46.3% |
| Indonesia | 210 | 53.7 | 31.9 | 870 | 60.6% |
| Singapore | 143 | 208 | 102 | 348 | 34.5% |
| Australia | 54.7 | 115 | 310 | 257 | 67.5% |
| Thailand | 3,628 | 99.9 | 314 | 16.1 | -83.6% |
| United States | 309 | 6.7 | 66.4 | 5.1 | -74.5% |
| Japan | 1,356 | 215 | N/A | 3.4 | -86.4% |
| Others | 389 | 146 | 305 | 401 | 1.0% |
| Total | 7,310 | 3,177 | 2,396 | 4,846 | -12.8% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Malaysia in 2022:
- Singapore (14.3K units)
- Papua New Guinea (12.5K units)
- China (2.7K units)
- Australia (1.6K units)
- Indonesia (1.6K units)
- Thailand (0.1K units)
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