Malaysia: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in Malaysia

The Malaysian electric brazing machine market rose slightly to $X in 2022, surging by X% against the previous year. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Electric Brazing Machine Production in Malaysia

In value terms, electric brazing machine production expanded slightly to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Electric Brazing Machine Exports

Exports from Malaysia

In 2022, approx. X units of electric brazing or soldering machines and apparatus were exported from Malaysia; reducing by X% on 2021 figures. Overall, exports faced a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electric brazing machine exports shrank dramatically to $X in 2022. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units) was the main destination for electric brazing machine exports from Malaysia, with a X% share of total exports. Moreover, electric brazing machine exports to Singapore exceeded the volume sent to the second major destination, Japan (X units), threefold. The third position in this ranking was taken by the Philippines (X units), with a X% share.

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

In value terms, the largest markets for electric brazing machine exported from Malaysia were Singapore ($X), the Philippines ($X) and China ($X), together accounting for X% of total exports. Thailand, Japan, the United States, Indonesia and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average electric brazing machine export price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Japan ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports into Malaysia

Electric brazing machine imports into Malaysia rose remarkably to X units in 2022, increasing by X% against the previous year. In general, imports posted tangible growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electric brazing machine imports expanded markedly to $X in 2022. Overall, imports, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of electric brazing machine to Malaysia, with a X% share of total imports. Moreover, electric brazing machine imports from Japan exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fivefold. China (X units) ranked third in terms of total imports with an X% share.

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

In value terms, Germany ($X), Japan ($X) and China ($X) were the largest electric brazing machine suppliers to Malaysia, with a combined X% share of total imports.

Among the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average electric brazing machine import price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price recorded a deep downturn. The growth pace was the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2013; however, from 2014 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 Germany ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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