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Malaysia - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights
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Malaysia: Refrigerator And Freezer Market Overview 2021

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Refrigerator And Freezer Market Size in Malaysia

The Malaysian refrigerator and freezer market skyrocketed to $X in 2019, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Refrigerator And Freezer Exports

Exports from Malaysia

Refrigerator and freezer exports from Malaysia declined rapidly to X tonnes in 2019, shrinking by -X% on the previous year. Overall, exports, however, continue to indicate a pronounced expansion. The growth pace was the most rapid in 2012 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2013 to 2019, the growth exports remained at a lower figure.

In value terms, refrigerator and freezer exports fell notably to $X in 2019. In general, exports, however, continue to indicate a slight expansion. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2013 to 2019, the growth exports remained at a lower figure.

Exports by Country

Thailand (X tonnes), Viet Nam (X tonnes) and China (X tonnes) were the main destinations of refrigerator and freezer exports from Malaysia, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China, while exports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and Viet Nam ($X) appeared to be the largest markets for refrigerator and freezer exported from Malaysia worldwide, with a combined X% share of total exports.

China saw the highest growth rate of the value of exports, in terms of 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

In 2019, the average refrigerator and freezer export price amounted to $X per tonne, approximately mirroring the previous year. In general, the export price recorded a mild decrease. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Maldives ($X per tonne), while the average price for exports to Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator And Freezer Imports

Imports into Malaysia

In 2019, the amount of refrigerators and freezers imported into Malaysia skyrocketed to X tonnes, jumping by X% compared with 2018 figures. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, refrigerator and freezer imports rose markedly to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X tonnes), China (X tonnes) and Viet Nam (X tonnes) were the main suppliers of refrigerator and freezer imports to Malaysia, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Viet Nam, while purchases for the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X), China ($X) and Viet Nam ($X) appeared to be the largest refrigerator and freezer suppliers to Malaysia, with a combined X% share of total imports.

Viet Nam saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average refrigerator and freezer import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were Indonesia ($X per tonne) and Thailand ($X per tonne), while the price for China ($X per tonne) and Viet Nam ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refrigerators and freezers in the world?
+
The country with the largest volume of refrigerator and freezer consumption was China (122K tonnes), accounting for 35% of total volume. Moreover, refrigerator and freezer consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (37K tonnes), threefold. The third position in this ranking was occupied by India (23K tonnes), with a 6.7% share.
What are the largest producers of refrigerators and freezers in the world?
+
China (160K tonnes) remains the largest refrigerator and freezer producing country worldwide, accounting for 46% of total volume. Moreover, refrigerator and freezer production in China exceeded the figures recorded by the second-largest producer, India (23K tonnes), sevenfold. The third position in this ranking was occupied by Mexico (21K tonnes), with a 6% share.
What are the leading suppliers of refrigerators and freezers to Malaysia?
+
In value terms, the largest refrigerator and freezer suppliers to Malaysia were Thailand ($82M), China ($57M) and Viet Nam ($12M), together accounting for 93% of total imports.
What are the leading importers of refrigerators and freezers from Malaysia?
+
In value terms, the largest markets for refrigerator and freezer exported from Malaysia were Thailand ($4.9M), China ($3.1M) and Viet Nam ($2.5M), with a combined 64% share of total exports.
What is the average export price for refrigerators and freezers in Malaysia?
+
In 2019, the average refrigerator and freezer export price amounted to $241,705 per tonne, almost unchanged from the previous year.
What is the average import price for refrigerators and freezers in Malaysia?
+
In 2019, the average refrigerator and freezer import price amounted to $202,981 per tonne, declining by -3.5% against the previous year.

Product coverage:
• Prodcom 27511110 - Combined refrigerators-freezers, with separate external doors
• Prodcom 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
• Prodcom 27511135 - Compression-type built-in refrigerators
• Prodcom 27511150 - Chest freezers of a capacity . .800 litres
• Prodcom 27511170 - Upright freezers of a capacity . .900 litres

This report provides an in-depth analysis of the refrigerator and freezer market 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 2025.


Country coverage:
• Malaysia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Malaysia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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