Malaysia - Parts And Accessories Of Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Malaysia: Automotive Accessory Market Overview 2018
Automotive Accessory Imports into Malaysia
In 2017, the amount of parts and accessories of motor vehicles imported into Malaysia stood at X units, dropping by -X% against the previous year. Overall, automotive accessory imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when the imports increased by X% against the previous year. Over the period under review, the automotive accessory imports reached its peak figure volume of X units in 2015; however, from 2016 to 2017, it failed to regain its strength.
In value terms, automotive accessory imports amounted to $X in 2017. In general, the total imports indicated a significant expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the automotive accessory imports decreased by -X% against 2013 indices. Malaysia imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its strength.
Automotive Accessory Exports from Malaysia
In 2017, approx. X units of parts and accessories of motor vehicles were exported from Malaysia; jumping by X% against the previous year. Overall, automotive accessory exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2013, when the exports increased by X% year-to-year. Malaysia exports peaked in 2017, and are likely to see steady growth in the near future.
In value terms, automotive accessory exports stood at $X in 2017. In general, automotive accessory exports continue to indicate a prominent growth. Malaysia exports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for automotive parts and accessories 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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