Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Malaysia - 2022

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Malaysia (CIF) - 2022
2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Malaysia (FOB) - 2022
3. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Malaysia
4. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Malaysia

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Malaysia (CIF) - 2022

In 2022, the average import price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $369,050 per unit, growing by 11% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 223% against the previous year. Over the period under review, average import prices hit record highs at $1,328,071 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 China ($2,057,231 per unit), while the price for Taiwan (Chinese) ($4,793 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+49.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Malaysia (FOB) - 2022

In 2022, the average export price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $270,025 per unit, falling by -72.6% against the previous year. In general, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 1,920% against the previous year. The export price peaked at $1,464,289 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($890,086 per unit), while the average price for exports to India ($14,593 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 New Zealand (+145.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Malaysia

In 2022, the amount of vessels; other, including warships and lifeboats, other than rowing boatses imported into Malaysia surged to 13 units, picking up by 63% on 2021 figures. Overall, imports, however, continue to indicate a perceptible downturn. Imports peaked at 14 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses skyrocketed to $4.8M in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports of hit record highs at $6.9M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to Malaysia in 2022:

1. Turkey (1.0 units)
2. United States (1.0 units)
3. Netherlands (1.0 units)
4. Taiwan (Chinese) (1.0 units)
5. Portugal (1.0 units)
6. Singapore (1.0 units)
7. India (1.0 units)
8. United Kingdom (1.0 units)
9. Australia (1.0 units)
10. Germany (1.0 units)
11. China (1.0 units)
12. South Korea (1.0 units)
13. Spain (1.0 units)

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Malaysia

In 2022, after two years of decline, there was significant growth in overseas shipments of vessels; other, including warships and lifeboats, other than rowing boatses, when their volume increased by 150% to 5 units. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses reduced markedly to $1.4M in 2022. Overall, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 333%. The exports peaked at $2.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from Malaysia in 2022:

1. United Kingdom (1.0 units)
2. Australia (1.0 units)
3. India (1.0 units)
4. Taiwan (Chinese) (1.0 units)
5. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform