Report Update: May 1, 2024

Malaysia - Self-Propelled Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Self-Propelled Boring Machinery Price in Malaysia - 2021

Self-Propelled Boring Machinery Price in Malaysia (CIF) - 2021

The average self-propelled boring machinery import price stood at $320K per unit in December 2021, flattening at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in January 2021 an increase of 15% m-o-m. Over the period under review, average import prices reached the maximum at $320K per unit in April 2021; afterwards, it flattened through to December 2021.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the highest price was recorded for prices from the UK ($320K per unit) and South Korea ($320K per unit), while the price for Japan ($320K per unit) and the United Arab Emirates ($320K per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Self-Propelled Boring Machinery Price in Malaysia (FOB) - 2021

In December 2021, the average self-propelled boring machinery export price amounted to $386K per unit, remaining stable against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2021 an increase of 8.8% month-to-month. The export price peaked at $386K per unit in July 2021; afterwards, it flattened through to December 2021.

Average prices varied noticeably for the major overseas markets. In December 2021, the country with the highest price was Egypt ($386K per unit), while the average price for exports to Indonesia ($386K per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Boring Machinery Imports in Malaysia

In 2022, purchases abroad of self-propelled boring or sinking machinery was finally on the rise to reach 179 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep contraction. Imports peaked at 331 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, self-propelled boring machinery imports shrank slightly to $15M in 2022. Over the period under review, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 2.8% against the previous year. Imports peaked at $21M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Self-Propelled Boring Machinery in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	11.1	7.8	7.0	7.3	-13.0%
Japan	1.0	1.1	3.1	2.7	39.2%
Germany	2.7	2.4	1.2	1.8	-12.6%
South Korea	2.0	2.3	1.7	1.7	-5.3%
India	1.1	0.1	0.1	0.4	-28.6%
Taiwan (Chinese)	0.6	0.1	0.3	0.3	-20.6%
United States	0.7	0.1	N/A	0.3	-24.6%
Singapore	N/A	0.1	0.2	0.2	41.4%
Others	2.0	1.0	2.0	0.8	-26.3%
Total	21.3	15.1	15.5	15.3	-10.4%

Top Suppliers of Self-Propelled Boring Machinery to Malaysia in 2022:

China (89.0 units)
India (16.0 units)
Germany (15.0 units)
Japan (14.0 units)
United States (13.0 units)
Singapore (10.0 units)
South Korea (9.0 units)
Taiwan (Chinese) (2.0 units)

Self-Propelled Boring Machinery Exports in Malaysia

Self-propelled boring machinery exports from Malaysia contracted markedly to 34 units in 2022, falling by -34.6% against the previous year. In general, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 148%. Over the period under review, the exports hit record highs at 109 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, self-propelled boring machinery exports fell to $5.3M in 2022. Over the period under review, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 30%. Over the period under review, the exports attained the peak figure at $10M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Self-Propelled Boring Machinery in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	4.5	1.3	2.2	4.5	0.0%
Thailand	0.6	0.4	0.3	0.8	10.1%
Vietnam	N/A	N/A	N/A	N/A	0%
United Kingdom	1.4	N/A	N/A	N/A	0%
Cambodia	N/A	N/A	0.7	N/A	0%
India	1.0	0.2	N/A	N/A	-80.0%
Indonesia	0.7	N/A	0.7	N/A	0.0%
Egypt	N/A	0.6	1.9	N/A	216.7%
Brazil	0.8	N/A	N/A	N/A	0%
Others	1.4	2.1	N/A	N/A	50.0%
Total	10.4	4.6	5.9	5.3	-20.1%

Top Export Markets for Self-Propelled Boring Machinery from Malaysia in 2022:

Singapore (28.0 units)
Thailand (5.0 units)
Vietnam (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the self-propelled boring machinery 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 28921253 - Self-propelled boring or sinking machinery

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023