Malaysia - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Malaysia - 2021
Contents:
- Relay Price in Malaysia (FOB) - 2022
- Relay Price in Malaysia (CIF) - 2021
- Relay Exports in Malaysia
- Relay Imports in Malaysia
Relay Price in Malaysia (FOB) - 2022
The average relay export price stood at $2.1 per unit in 2022, increasing by 5.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 9.3%. The export price peaked at $2.2 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($3.3 per unit), while the average price for exports to Hong Kong SAR ($1 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 China (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Relay Price in Malaysia (CIF) - 2021
The average relay import price stood at $1.1 per unit in December 2021, growing by 146% against the previous month. Overall, the import price posted a resilient increase. The most prominent rate of growth was recorded in June 2021 when the average import price increased by 373% m-o-m. Over the period under review, average import prices attained the peak figure at $1.3 per unit in October 2021; however, from November 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($7.1 per unit), while the price for Hong Kong SAR ($288 per thousand units) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Exports in Malaysia
In 2022, relay exports from Malaysia declined notably to 87M units, dropping by -16.3% on the year before. Overall, exports recorded a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports attained the peak of 104M units, and then contracted markedly in the following year.
In value terms, relay exports declined to $183M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. As a result, the exports reached the peak of $208M, and then declined in the following year.
| Export of Relay in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.3 | 23.7 | 30.4 | 23.3 | 0.0% |
| Netherlands | 23.0 | 20.6 | 21.7 | 21.2 | -2.7% |
| United States | 16.2 | 13.5 | 18.5 | 18.6 | 4.7% |
| Japan | 13.5 | 14.0 | 17.5 | 17.3 | 8.6% |
| Singapore | 13.2 | 7.5 | 13.2 | 16.7 | 8.2% |
| Germany | 3.8 | 3.7 | 7.1 | 10.0 | 38.1% |
| Mexico | 8.9 | 8.1 | 11.6 | 9.3 | 1.5% |
| South Korea | 18.6 | 10.6 | 12.3 | 7.5 | -26.1% |
| Hong Kong SAR | 7.8 | 7.3 | 7.7 | 5.5 | -11.0% |
| Others | 53.7 | 49.0 | 67.7 | 53.4 | -0.2% |
| Total | 182 | 158 | 208 | 183 | 0.2% |
Top Export Markets for Relay from Malaysia in 2022:
- China (14.2M units)
- Japan (10.0M units)
- United States (7.6M units)
- Mexico (7.3M units)
- Singapore (6.9M units)
- Netherlands (6.5M units)
- South Korea (5.5M units)
- Hong Kong SAR (5.5M units)
- Germany (4.8M units)
Relay Imports in Malaysia
After three years of growth, purchases abroad of relays decreased by -9% to 64M units in 2022. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. As a result, imports attained the peak of 71M units, and then fell in the following year.
In value terms, relay imports fell to $151M in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $172M, and then reduced in the following year.
| Import of Relay in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 48.7 | 34.4 | 45.1 | 47.3 | -1.0% |
| China | 21.2 | 22.3 | 22.6 | 23.5 | 3.5% |
| United States | 19.2 | 13.2 | 37.9 | 18.0 | -2.1% |
| Japan | 15.4 | 15.7 | 17.3 | 15.3 | -0.2% |
| Philippines | 0.9 | 1.3 | 4.4 | 8.3 | 109.7% |
| Germany | 3.3 | 4.1 | 4.4 | 5.6 | 19.3% |
| Hong Kong SAR | 5.6 | 5.1 | 6.2 | 4.9 | -4.4% |
| Thailand | 4.1 | 4.4 | 5.6 | N/A | 16.9% |
| Indonesia | 1.5 | 1.0 | 1.1 | N/A | -14.4% |
| Others | 30.8 | 27.3 | 27.9 | 27.7 | -3.5% |
| Total | 151 | 129 | 172 | 151 | 0.0% |
Top Suppliers of Relay to Malaysia in 2022:
- China (19.8M units)
- Singapore (14.9M units)
- United States (6.6M units)
- Hong Kong SAR (5.8M units)
- Japan (5.0M units)
- Germany (2.5M units)
- Philippines (1.5M units)
This report provides an in-depth analysis of the relay market 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 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
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
-
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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