Malaysia - Polishes And Creams For Wooden Furniture And Floors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWooden Furniture Treatments Price in Malaysia - 2021
Contents:
- Wooden Furniture Treatments Price in Malaysia (CIF) - 2022
- Wooden Furniture Treatments Price in Malaysia (FOB) - 2022
- Wooden Furniture Treatments Imports in Malaysia
- Wooden Furniture Treatments Exports in Malaysia
Wooden Furniture Treatments Price in Malaysia (CIF) - 2022
In 2022, the average wooden furniture treatments import price amounted to $3,410 per ton, growing by 9% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2013 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the peak figure at $3,748 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Vietnam ($36,340 per ton), while the price for Pakistan ($778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+49.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Wooden Furniture Treatments Price in Malaysia (FOB) - 2022
In 2022, the average wooden furniture treatments export price amounted to $2,248 per ton, growing by 12% against the previous year. In general, the export price, however, saw a slight shrinkage. The growth pace was the most rapid in 2015 when the average export price increased by 20% against the previous year. As a result, the export price attained the peak level of $3,153 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($3,387 per ton), while the average price for exports to Libya ($699 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Wooden Furniture Treatments Imports in Malaysia
In 2022, imports of polishes and creams for wooden furniture and floors into Malaysia declined to 114 tons, waning by -2.4% on the year before. In general, imports faced a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 6.2% against the previous year.
In value terms, wooden furniture treatments imports rose remarkably to $390K in 2022. Over the period under review, imports showed a abrupt slump.
| Import of Wooden Furniture Treatments in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 124 | 104 | 95.2 | 149 | 6.3% |
| Singapore | 48.8 | 38.8 | 90.6 | 45.8 | -2.1% |
| Thailand | 49.8 | 32.8 | 22.8 | 32.4 | -13.3% |
| Austria | N/A | N/A | 2.3 | 27.3 | 1087.0% |
| Philippines | 33.3 | 21.5 | 15.2 | 21.5 | -13.6% |
| Hong Kong SAR | 45.1 | 28.7 | 14.6 | 20.0 | -23.7% |
| United States | 104 | 43.8 | 28.2 | 19.1 | -43.2% |
| Taiwan (Chinese) | 2.5 | 12.4 | 11.6 | 15.2 | 82.5% |
| China | 194 | 67.3 | 44.7 | 13.6 | -58.8% |
| Denmark | 18.1 | 16.7 | 4.5 | 11.7 | -13.5% |
| Japan | 5.8 | 25.0 | 13.5 | 10.2 | 20.7% |
| Pakistan | 1.6 | 1.4 | 1.3 | 2.0 | 7.7% |
| Germany | 15.6 | 3.6 | 8.8 | 1.2 | -57.5% |
| Others | 57.4 | 17.9 | 13.2 | 20.9 | -28.6% |
| Total | 700 | 413 | 366 | 390 | -17.7% |
Top Suppliers of Wooden Furniture Treatments to Malaysia in 2022:
- Singapore (23.7 tons)
- Austria (13.3 tons)
- Philippines (13.2 tons)
- United States (11.3 tons)
- Thailand (11.3 tons)
- Taiwan (Chinese) (10.7 tons)
- China (7.7 tons)
- Denmark (5.0 tons)
- Vietnam (4.1 tons)
- Japan (4.0 tons)
- Pakistan (2.5 tons)
- Hong Kong SAR (2.2 tons)
- Germany (0.3 tons)
Wooden Furniture Treatments Exports in Malaysia
In 2022, the amount of polishes and creams for wooden furniture and floors exported from Malaysia shrank to 137 tons, declining by -12.1% against the year before. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, the exports attained the peak of 156 tons, and then contracted in the following year.
In value terms, wooden furniture treatments exports shrank to $307K in 2022. In general, exports continue to indicate a noticeable setback. The growth pace was the most rapid in 2021 with an increase of 3.4% against the previous year.
| Export of Wooden Furniture Treatments in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 154 | 142 | 162 | 167 | 2.7% |
| Vietnam | 42.5 | 41.1 | 37.1 | 36.6 | -4.9% |
| India | 28.2 | 22.1 | 20.0 | 18.9 | -12.5% |
| Saudi Arabia | 9.4 | 10.3 | 18.0 | 17.0 | 21.8% |
| Australia | 12.6 | 16.0 | 16.8 | 15.8 | 7.8% |
| Singapore | 21.1 | 23.1 | 16.3 | 8.1 | -27.3% |
| Libya | 4.7 | 4.1 | 4.5 | 4.4 | -2.2% |
| Others | 85.0 | 43.1 | 37.4 | 39.1 | -22.8% |
| Total | 357 | 302 | 312 | 307 | -4.9% |
Top Export Markets for Wooden Furniture Treatments from Malaysia in 2022:
- United States (70.2 tons)
- Saudi Arabia (13.1 tons)
- Vietnam (10.8 tons)
- India (8.3 tons)
- Singapore (6.9 tons)
- Libya (6.2 tons)
- Australia (5.7 tons)
This report provides an in-depth analysis of the wooden furniture treatments 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 20414350 - Polishes, creams and similar preparations, for the maintenance of wooden furniture, floors or other woodwork (excluding artificial and prepared waxes)
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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In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
692
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
847
In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
692
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
