Malaysia: Multi-Station Transfer Machine Market 2024

Multi-Station Transfer Machine Market Size in Malaysia

In 2022, the Malaysian multi-station transfer machine market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a perceptible setback. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Multi-Station Transfer Machine Production in Malaysia

In value terms, multi-station transfer machine production surged to $X in 2022 estimated in export price. Overall, production, however, recorded a deep slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Multi-Station Transfer Machine Exports

Exports from Malaysia

In 2022, exports of multi-station transfer machines for working metal from Malaysia surged to X units, picking up by X% on the previous year's figure. Over the period under review, exports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, multi-station transfer machine exports skyrocketed to $X in 2022. Overall, exports, however, recorded a deep reduction. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units) was the main destination for multi-station transfer machine exports from Malaysia, accounting for a X% share of total exports. Moreover, multi-station transfer machine exports to Singapore exceeded the volume sent to the second major destination, India (X units), sixfold. The third position in this ranking was held by the Philippines (X units), with a X% share.

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

In value terms, India ($X) emerged as the key foreign market for multi-station transfer machines for working metal exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

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

Export Prices by Country

In 2022, the average multi-station transfer machine export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 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 India ($X per unit), while the average price for exports to Singapore ($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 the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Multi-Station Transfer Machine Imports

Imports into Malaysia

In 2022, supplies from abroad of multi-station transfer machines for working metal was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a mild contraction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, multi-station transfer machine imports contracted slightly to $X in 2022. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Korea (X units) constituted the largest supplier of multi-station transfer machine to Malaysia, accounting for a X% share of total imports. Moreover, multi-station transfer machine imports from South Korea exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. The third position in this ranking was taken by China (X units), with an X% share.

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

In value terms, Japan ($X) constituted the largest supplier of multi-station transfer machines for working metal to Malaysia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by the United States, with a X% share.

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

Import Prices by Country

In 2022, the average multi-station transfer machine import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then dropped markedly in the following year.

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 Japan ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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