Report Update: May 1, 2024

Malaysia - Motor Vehicles For Travelling On Snow Or Golf Cars - Market Analysis, Forecast, Size, Trends And Insights

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Snow Motor Vehicle Price in Malaysia - 2021

Snow Motor Vehicle Price in Malaysia (CIF) - 2022

In 2022, the average snow motor vehicle import price amounted to $2,994 per unit, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2014 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $3,999 per unit. From 2015 to 2022, the average 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 the United States ($6,354 per unit), while the price for Italy ($182 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Snow Motor Vehicle Price in Malaysia (FOB) - 2022

In 2022, the average snow motor vehicle export price amounted to $849 per unit, reducing by -2.9% against the previous year. In general, the export price recorded a perceptible setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 79%. The export price peaked at $4,457 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 Pakistan ($7,301 per unit), while the average price for exports to India ($29 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 Pakistan (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.

Snow Motor Vehicle Imports in Malaysia

In 2022, the amount of motor vehicles for travelling on snow or golf cars imported into Malaysia reduced to 613 units, shrinking by -14.9% against the previous year's figure. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. Imports peaked at 1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, snow motor vehicle imports contracted to $1.8M in 2022. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 42%. Imports peaked at $3.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Snow Motor Vehicle in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,611	621	997	870	-18.6%
United States	503	385	889	540	2.4%
Singapore	509	256	6.6	208	-25.8%
Thailand	46.3	N/A	43.8	34.3	-9.5%
Japan	3.7	15.2	24.1	16.4	64.3%
Italy	13.2	11.3	13.3	8.9	-12.3%
Others	619	228	180	157	-36.7%
Total	3,304	1,517	2,154	1,835	-17.8%

Top Suppliers of Snow Motor Vehicle to Malaysia in 2022:

Singapore (254.0 units)
China (155.0 units)
United States (85.0 units)
Italy (49.0 units)
Thailand (27.0 units)
Japan (25.0 units)

Snow Motor Vehicle Exports in Malaysia

In 2022, after two years of decline, there was significant decline in overseas shipments of motor vehicles for travelling on snow or golf cars, when their volume decreased by -7.1% to 13 units. In general, exports recorded a deep downturn. The exports peaked at 19 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, snow motor vehicle exports dropped to $11K in 2022. Overall, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. The exports peaked at $28K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Snow Motor Vehicle in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Pakistan	13.8	5.6	2.4	7.3	-19.1%
Thailand	2.9	1.0	0.4	1.0	-29.9%
United Arab Emirates	4.1	0.1	0.2	0.7	-44.5%
Brunei Darussalam	1.3	0.6	0.3	0.6	-22.7%
Nigeria	2.6	0.8	0.3	0.6	-38.7%
New Zealand	N/A	N/A	N/A	0.3	0%
Japan	1.7	1.0	1.0	0.2	-51.0%
United States	0.1	N/A	0.1	0.2	26.0%
Iran	0.1	0.1	N/A	0.1	0.0%
Singapore	0.3	N/A	N/A	0.1	-30.7%
Philippines	0.1	0.1	N/A	0.1	0.0%
Indonesia	0.7	0.2	0.1	0.1	-47.7%
India	0.2	N/A	N/A	N/A	0%
Others	N/A	0.3	7.6	N/A	2433.3%
Total	27.9	9.8	12.2	11.0	-26.7%

Top Export Markets for Snow Motor Vehicle from Malaysia in 2022:

Pakistan (1.0 units)
Iran (1.0 units)
Singapore (1.0 units)
United Arab Emirates (1.0 units)
Philippines (1.0 units)
Indonesia (1.0 units)
India (1.0 units)
Brunei Darussalam (1.0 units)
United States (1.0 units)
Japan (1.0 units)
Thailand (1.0 units)
New Zealand (1.0 units)
Nigeria (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the snow motor vehicle 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 29105200 - Motor vehicles specially designed for travelling on snow, golf cars and similar vehicles

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