Malaysia: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2024

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Malaysia

The Malaysian vapour generating boiler parts market reduced rapidly to $X in 2023, waning by X% against the previous year. In general, consumption, however, enjoyed a perceptible expansion. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market failed to regain momentum.

Production of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Malaysia

In value terms, vapour generating boiler parts production contracted modestly to $X in 2023 estimated in export price. In general, production, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Malaysia

In 2023, approx. X tons of parts of vapour generating boilers and super-heater water boilers were exported from Malaysia; growing by X% against the previous year's figure. Over the period under review, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, vapour generating boiler parts exports declined to $X in 2023. In general, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons) was the main destination for vapour generating boiler parts exports from Malaysia, with a X% share of total exports. Moreover, vapour generating boiler parts exports to Indonesia exceeded the volume sent to the second major destination, Guatemala (X tons), ninefold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Indonesia ($X) remains the key foreign market for parts of vapour generating boilers and super-heater water boilers exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Indonesia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Thailand (X% per year).

Export Prices by Country

The average vapour generating boiler parts export price stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, 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 Singapore ($X per ton), while the average price for exports to Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Malaysia

Vapour generating boiler parts imports into Malaysia dropped notably to X tons in 2023, which is down by X% on the year before. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, vapour generating boiler parts imports fell dramatically to $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

South Korea (X tons), China (X tons) and India (X tons) were the main suppliers of vapour generating boiler parts imports to Malaysia, with a combined X% share of total imports. Taiwan (Chinese), Italy, Indonesia and Vietnam lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, South Korea ($X) constituted the largest supplier of parts of vapour generating boilers and super-heater water boilers to Malaysia, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual growth rate of value from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

Import Prices by Country

The average vapour generating boiler parts import price stood at $X per ton in 2023, surging by X% against the previous year. In general, the import price recorded strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform