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Malaysia - Domestic, Non-Electric, Cooking or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2022

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Malaysia

After three years of growth, the Malaysian market for domestic, non-electric, cooking or heating appliances decreased by -X% to $X in 2021. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then contracted modestly in the following year.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in Malaysia

In value terms, production of domestic, non-electric, cooking or heating appliances dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then reduced in the following year.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Malaysia

For the fourth year in a row, Malaysia recorded decline in overseas shipments of domestic, non-electric, cooking or heating appliances, which decreased by -X% to X tons in 2021. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of domestic, non-electric, cooking or heating appliances fell to $X in 2021. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons), Vietnam (X tons) and the United States (X tons) were the main destinations of exports of domestic, non-electric, cooking or heating appliances from Malaysia, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +X%), while the other leaders experienced a decline.

In value terms, Hong Kong SAR ($X), Vietnam ($X) and the United States ($X) constituted the largest markets for domestic, non-electric, cooking or heating appliance exported from Malaysia worldwide, with a combined X% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, growing by X% against the previous year. Overall, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Malaysia

In 2021, approx. X tons of domestic, non-electric, cooking or heating appliances were imported into Malaysia; picking up by X% against 2020 figures. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, imports of domestic, non-electric, cooking or heating appliances soared to $X in 2021. In general, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of domestic, non-electric, cooking or heating appliance to Malaysia, accounting for a X% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%.

In value terms, China ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Malaysia, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +X%.

Import Prices by Country

In 2021, the average import price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Indonesia ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic, non-electric, cooking or heating appliances in the world?

The countries with the highest volumes of consumption in 2021 were the United States, India and China, together accounting for 43% of global consumption. These countries were followed by Egypt, Japan, Russia, Canada, Indonesia, Brazil, Pakistan, Mexico, the UK and Germany, which together accounted for a further 31%.

What are the largest producers of domestic, non-electric, cooking or heating appliances in the world?

China constituted the country with the largest volume of production of domestic, non-electric, cooking or heating appliances, accounting for 40% of total volume. Moreover, production of domestic, non-electric, cooking or heating appliances in China exceeded the figures recorded by the second-largest producer, India, threefold. Egypt ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of domestic, non-electric, cooking or heating appliances to Malaysia?

In value terms, China constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Malaysia, comprising 91% of total imports. The second position in the ranking was taken by Indonesia, with a 5% share of total imports.

What are the leading importers of domestic, non-electric, cooking or heating appliances from Malaysia?

In value terms, Hong Kong SAR, Vietnam and the United States appeared to be the largest markets for domestic, non-electric, cooking or heating appliance exported from Malaysia worldwide, together comprising 63% of total exports.

What is the average export price for domestic, non-electric, cooking or heating appliances in Malaysia?

The average export price for domestic, non-electric, cooking or heating appliances stood at $8,617 per ton in 2021, picking up by 38% against the previous year.

What is the average import price for domestic, non-electric, cooking or heating appliances in Malaysia?

The average import price for domestic, non-electric, cooking or heating appliances stood at $6,762 per ton in 2021, surging by 11% against the previous year.

This report provides an in-depth analysis of the market for domestic, non-electric, cooking or heating appliance 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 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)

• Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)

• Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance