Malaysia: Circuit Breaker Market 2024

Circuit Breaker Market Size in Malaysia

In 2022, the Malaysian circuit breaker market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, recorded a resilient expansion. As a result, consumption reached the peak level of $X, and then fell in the following year.

Circuit Breaker Production in Malaysia

In value terms, circuit breaker production rose markedly to $X in 2022 estimated in export price. In general, production continues to indicate a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Circuit Breaker Exports

Exports from Malaysia

In 2022, approx. X units of automatic circuit breakers were exported from Malaysia; picking up by X% against 2021 figures. Overall, exports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, circuit breaker exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a noticeable curtailment. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X units) was the main destination for circuit breaker exports from Malaysia, accounting for a X% share of total exports. Moreover, circuit breaker exports to Japan exceeded the volume sent to the second major destination, Iraq (X units), ninefold. Australia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Australia (X% per year).

In value terms, Japan ($X) remains the key foreign market for automatic circuit breakers exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Australia (X% per year).

Export Prices by Country

The average circuit breaker export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, circuit breaker export price increased by X% against 2020 indices. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while the average price for exports to Iraq ($X 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 Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Circuit Breaker Imports

Imports into Malaysia

In 2022, the amount of automatic circuit breakers imported into Malaysia declined remarkably to X units, which is down by X% compared with 2021. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then reduced notably in the following year.

In value terms, circuit breaker imports rose modestly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of circuit breaker to Malaysia, accounting for a X% share of total imports. Moreover, circuit breaker imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), fourfold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of automatic circuit breakers to Malaysia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Japan (X% per year).

Import Prices by Country

The average circuit breaker import price stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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