Malaysia: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Malaysia

In 2022, the Malaysian market for PVC floor, wall and ceiling coverings increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a prominent increase 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 increased by X% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Production of PVC Floor, Wall and Ceiling Coverings in Malaysia

In value terms, production of PVC floor, wall and ceiling coverings declined significantly to $X in 2022 estimated in export price. Overall, production showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Malaysia

In 2022, overseas shipments of PVC floor, wall and ceiling coverings decreased by X% to X square meters, falling for the third year in a row after two years of growth. In general, total exports indicated pronounced growth 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 decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports of reached the maximum at X square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of PVC floor, wall and ceiling coverings totaled $X in 2022. Over the period under review, total exports indicated a noticeable increase 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. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Malaysia, with a X% share of total exports. Moreover, exports of PVC floor, wall and ceiling coverings to Indonesia exceeded the volume sent to the second major destination, Iraq (X square meters), fourfold. The Philippines (X square meters) ranked third in terms of total exports with an X% share.

From 2012 to 2022, 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: Iraq (X% per year) and the Philippines (X% per year).

In value terms, Indonesia ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Iraq ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Australia (X% per year).

Export Prices by Country

In 2022, the average export price for PVC floor, wall and ceiling coverings amounted to $X per square meter, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per square meter), while the average price for exports to Belize ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Malaysia

Imports of PVC floor, wall and ceiling coverings into Malaysia soared to X square meters in 2022, picking up by X% on 2021. Overall, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of PVC floor, wall and ceiling coverings surged to $X in 2022. In general, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of PVC floor, wall and ceiling coverings to Malaysia, accounting for a X% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, South Korea (X square meters), tenfold.

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

In value terms, China ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to Malaysia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with an X% share of total imports.

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

Import Prices by Country

In 2022, the average import price for PVC floor, wall and ceiling coverings amounted to $X per square meter, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per square meter), while the price for Thailand ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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