Rangefinders Price in Malaysia - 2023

Contents:

  1. Rangefinders Price in Malaysia (FOB) - 2022
  2. Rangefinders Price in Malaysia (CIF) - 2022
  3. Rangefinders Exports in Malaysia
  4. Rangefinders Imports in Malaysia

Rangefinders Price in Malaysia (FOB) - 2022

The average rangefinders export price stood at $26 per unit in 2022, increasing by 4.3% against the previous year. In general, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2019 an increase of 22% against the previous year. The export price peaked at $43 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($50 per unit), while the average price for exports to Brazil ($19 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 South Korea (-2.0%), while the prices for the other major destinations experienced a decline.

Rangefinders Price in Malaysia (CIF) - 2022

The average rangefinders import price stood at $141 per unit in 2022, which is down by -39.1% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 81% against the previous year. As a result, import price reached the peak level of $1,265 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,285 per unit), while the price for Germany ($58 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+34.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Rangefinders Exports in Malaysia

In 2022, approx. 1.9M units of rangefinderses were exported from Malaysia; falling by -5.5% against the previous year's figure. Over the period under review, exports, however, recorded mild growth. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. As a result, the exports reached the peak of 2M units, and then fell in the following year.

In value terms, rangefinders exports reduced to $50M in 2022. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 34%. Over the period under review, the exports hit record highs at $69M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Rangefinders in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States39.09.813.315.7-26.2%
Netherlands4.65.812.212.539.5%
Germany13.310.29.77.8-16.3%
Singapore2.81.02.63.68.7%
Japan1.31.42.62.117.3%
India0.50.60.71.440.9%
Australia0.50.70.81.130.1%
Brazil0.51.61.00.921.6%
China1.71.62.20.9-19.1%
Others4.65.05.74.1-3.8%
Total68.737.950.950.1-10.0%

Top Export Markets for Rangefinders from Malaysia in 2022:

  1. United States (794.0K units)
  2. Germany (349.1K units)
  3. Netherlands (249.1K units)
  4. Singapore (132.3K units)
  5. Japan (82.6K units)
  6. India (58.7K units)
  7. Brazil (48.6K units)
  8. Australia (40.7K units)
  9. China (38.3K units)

Rangefinders Imports in Malaysia

In 2022, purchases abroad of rangefinderses decreased by -37.3% to 6.7K units, falling for the second consecutive year after two years of growth. In general, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. As a result, imports reached the peak of 12K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, rangefinders imports dropped significantly to $948K in 2022. Overall, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 64%. As a result, imports attained the peak of $4.7M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Rangefinders in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3064694343464.2%
United States4461,325515137-32.5%
Singapore233199280123-19.2%
Germany26.223123098.455.4%
United Kingdom70646337083.5-50.9%
South Korea55.915.126.141.5-9.5%
Hungary39.928.826.420.0-20.6%
Others1,0321,94160498.6-54.3%
Total2,8444,6722,485948-30.7%

Top Suppliers of Rangefinders to Malaysia in 2022:

  1. China (4084.0 units)
  2. Germany (1704.0 units)
  3. South Korea (333.0 units)
  4. Singapore (159.0 units)
  5. United States (117.0 units)
  6. Hungary (104.0 units)
  7. United Kingdom (65.0 units)

Source: IndexBox Market Intelligence Platform

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