Malaysia - Drilling Or Morticing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Drilling Machine Price in Malaysia - 2021
Contents:
- Wood Drilling Machine Price in Malaysia (CIF) - 2022
- Wood Drilling Machine Price in Malaysia (FOB) - 2022
- Wood Drilling Machine Imports in Malaysia
- Wood Drilling Machine Exports in Malaysia
Wood Drilling Machine Price in Malaysia (CIF) - 2022
In 2022, the average wood drilling machine import price amounted to $888 per unit, waning by -33.6% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 202%. The import price peaked at $2,297 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($6,237 per unit), while the price for Taiwan (Chinese) ($571 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Wood Drilling Machine Price in Malaysia (FOB) - 2022
The average wood drilling machine export price stood at $1,286 per unit in 2022, jumping by 46% against the previous year. In general, the export price, however, recorded a slight decrease. The growth pace was the most rapid in 2013 when the average export price increased by 95%. As a result, the export price attained the peak level of $3,033 per unit. From 2014 to 2022, the average export prices remained 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 Thailand ($6,032 per unit), while the average price for exports to Brunei Darussalam ($257 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 Thailand (+3.7%), while the prices for the other major destinations experienced a decline.
Wood Drilling Machine Imports in Malaysia
Wood drilling machine imports into Malaysia soared to 10K units in 2022, with an increase of 24% compared with the year before. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood drilling machine imports shrank remarkably to $9.1M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. As a result, imports attained the peak of $11M, and then reduced remarkably in the following year.
| Import of Wood Drilling Machine in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 5.7 | 5.7 | 6.9 | 6.6% |
| Taiwan (Chinese) | 0.5 | 0.2 | 0.6 | 0.7 | 11.9% |
| Others | 0.9 | 1.2 | 4.7 | 1.5 | 18.6% |
| Total | 7.1 | 7.1 | 11.0 | 9.1 | 8.6% |
Top Suppliers of Wood Drilling Machine to Malaysia in 2022:
- China (8.8K units)
- Taiwan (Chinese) (1.3K units)
Wood Drilling Machine Exports in Malaysia
In 2022, approx. 871 units of drilling or morticing machines were exported from Malaysia; dropping by -51.1% against the previous year. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 367% against the previous year. As a result, the exports attained the peak of 1.8K units, and then shrank sharply in the following year.
In value terms, wood drilling machine exports fell sharply to $1.1M in 2022. Overall, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 135%. As a result, the exports reached the peak of $1.6M, and then dropped notably in the following year.
| Export of Wood Drilling Machine in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 211 | 545 | 14.4 | 600 | 41.7% |
| Thailand | 201 | 30.9 | 277 | 254 | 8.1% |
| Indonesia | 107 | 17.0 | 89.1 | 81.7 | -8.6% |
| Singapore | 62.5 | 52.5 | 21.3 | 74.9 | 6.2% |
| India | 169 | 6.6 | 61.3 | 70.0 | -25.5% |
| Vietnam | 46.2 | 7.4 | 33.9 | 31.1 | -12.4% |
| Brunei Darussalam | 3.7 | 0.3 | 9.7 | 8.9 | 34.0% |
| Hong Kong SAR | 50.1 | N/A | N/A | N/A | 0% |
| Germany | 15.7 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 36.2 | N/A | 0% |
| Others | 24.3 | 8.2 | 1,030 | N/A | 551.1% |
| Total | 891 | 668 | 1,573 | 1,120 | 7.9% |
Top Export Markets for Wood Drilling Machine from Malaysia in 2022:
- Japan (606.0 units)
- Indonesia (98.0 units)
- India (45.0 units)
- Thailand (42.0 units)
- Brunei Darussalam (35.0 units)
- Vietnam (33.0 units)
- Singapore (13.0 units)
This report provides an in-depth analysis of the wood drilling machine 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 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials
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
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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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