Malaysia: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Malaysia

The Malaysian market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses contracted remarkably to $X in 2020, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Consumption peaked at $X in 2015; however, from 2016 to 2020, consumption remained at a lower figure.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Malaysia

After two years of decline, shipments abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased by X% to X square meters in 2020. Over the period under review, exports enjoyed a strong expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses surged to $X in 2020. In general, exports posted prominent growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2018 to 2020, the growth of exports remained at a lower figure.

Exports by Country

Singapore (X square meters) was the main destination for exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Malaysia, accounting for a X% share of total exports. Moreover, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Singapore exceeded the volume sent to the second major destination, Thailand (X square meters), fourfold. China (X square meters) ranked third in terms of total exports with a X% share.

From 2007 to 2020, 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: Thailand (+X% per year) and China (+X% per year).

In value terms, Singapore ($X), Thailand ($X) and China ($X) were the largest markets for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exported from Malaysia worldwide, with a combined X% share of total exports.

Thailand (+X% per year) 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 more modest paces of growth.

Export Prices by Country

In 2020, the average export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, falling by -X% against the previous year. Overall, the export price showed a perceptible decrease. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per square meter in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Thailand ($X per square meter), while the average price for exports to Brazil ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Malaysia

In 2020, purchases abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at X square meters in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses contracted to $X in 2020. Over the period under review, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X square meters) constituted the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier to Malaysia, accounting for a X% share of total imports. Moreover, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from China exceeded the figures recorded by the second-largest supplier, Thailand (X square meters), threefold. Indonesia (X square meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, 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: Thailand (+X% per year) and Indonesia (+X% per year).

In value terms, China ($X), Japan ($X) and Thailand ($X) appeared to be the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to Malaysia, with a combined X% share of total imports. These countries were followed by Indonesia, Germany and Sweden, which together accounted for a further X terms of the main suppliers, Sweden (+X% per year) 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

The average import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, dropping by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Sweden ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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