Malaysia: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Malaysia

The Malaysian plastic shutters and blinds market stood at $X in 2022, surging by X% against the previous year. Overall, the total consumption indicated a pronounced expansion 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 hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Plastic Shutters And Blinds in Malaysia

In value terms, plastic shutters and blinds production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 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.

Exports of Plastic Shutters And Blinds

Exports from Malaysia

In 2022, overseas shipments of plastic shutters and blinds increased by X% to X units, rising for the second year in a row after two years of decline. Overall, total exports indicated a resilient expansion from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, plastic shutters and blinds exports soared to $X in 2022. In general, exports, however, recorded a pronounced contraction. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units), Australia (X units) and Spain (X units) were the main destinations of plastic shutters and blinds exports from Malaysia, together comprising X% of total exports. Thailand, the United States, Brunei Darussalam, Indonesia and the Philippines lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brunei Darussalam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Singapore ($X) and Spain ($X) were the largest markets for plastic shutters and blinds exported from Malaysia worldwide, with a combined X% share of total exports. The United States, Thailand, Indonesia, Brunei Darussalam and the Philippines lagged somewhat behind, together accounting for a further X%.

Brunei Darussalam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

The average plastic shutters and blinds export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Thailand ($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.

Imports of Plastic Shutters And Blinds

Imports into Malaysia

In 2022, the amount of plastic shutters and blinds imported into Malaysia expanded slightly to X units, picking up by X% compared with the previous year's figure. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, plastic shutters and blinds imports shrank to $X in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, China (X units) constituted the largest plastic shutters and blinds supplier to Malaysia, with a X% share of total imports. Moreover, plastic shutters and blinds imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), eightfold. The third position in this ranking was taken by Thailand (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of plastic shutters and blinds to Malaysia, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

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

Import Prices by Country

The average plastic shutters and blinds import price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price 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, plastic shutters and blinds import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Taiwan (Chinese) ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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