Malaysia: Wooden Window Market 2022

Wooden Window Market Size in Malaysia

The Malaysian wooden window market surged to $X in 2021, growing by 28% against the previous year. In general, consumption, however, saw a slight decrease. Wooden window consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Wooden Window Production in Malaysia

In value terms, wooden window production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by 62% against the previous year. Wooden window production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Wooden Window Exports

Exports from Malaysia

In 2021, approx. X tons of windows, french windows and their frames of wood were exported from Malaysia; which is down by -27.4% against 2020 figures. Overall, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, wooden window exports dropped rapidly to $X in 2021. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 68%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons), Singapore (X tons) and Maldives (X tons) were the main destinations of wooden window exports from Malaysia, with a combined 82% share of total exports. Thailand and India lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +15.1%), while the other leaders experienced a decline.

In value terms, the largest markets for wooden window exported from Malaysia were Singapore ($X), Maldives ($X) and Australia ($X), with a combined 91% share of total exports. These countries were followed by Thailand and India, which together accounted for a further 6.5%.

In terms of the main countries of destination, India, with a CAGR of +7.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average wooden window export price stood at $X per ton in 2021, growing by 8.7% against the previous year. Overall, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden window export price decreased by -26.0% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 59%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Window Imports

Imports into Malaysia

In 2021, the amount of windows, french windows and their frames of wood imported into Malaysia shrank rapidly to X tons, which is down by -82.8% on 2020. Overall, imports recorded a significant decline. The growth pace was the most rapid in 2015 with an increase of 961%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, wooden window imports shrank rapidly to $X in 2021. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 with an increase of 735%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of wooden window to Malaysia, with a 61% share of total imports. Moreover, wooden window imports from Sweden exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was taken by China (X kg), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden amounted to -86.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+132.4% per year) and China (-29.4% per year).

In value terms, Sweden ($X) constituted the largest supplier of wooden window to Malaysia, comprising 59% of total imports. The second position in the ranking was taken by Poland ($X), with a 27% share of total imports. It was followed by Denmark, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden totaled -75.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+226.9% per year) and Denmark (0.0% per year).

Import Prices by Country

The average wooden window import price stood at $X per ton in 2021, growing by 120% against the previous year. Over the period under review, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+85.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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