Malaysia: Vehicle Windscreen Wiper Market 2024

Vehicle Windscreen Wiper Market Size in Malaysia

The Malaysian vehicle windscreen wiper market stood at $X in 2022, picking up by X% against the previous year. In general, consumption saw tangible growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Vehicle Windscreen Wiper Production in Malaysia

In value terms, vehicle windscreen wiper production expanded to $X in 2022 estimated in export price. Overall, production showed a measured expansion. The growth pace was the most rapid in 2019 with an increase of X%. Vehicle windscreen wiper production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Vehicle Windscreen Wiper Exports

Exports from Malaysia

In 2022, after two years of growth, there was significant decline in shipments abroad of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles, when their volume decreased by X% to X units. In general, exports saw a mild curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vehicle windscreen wiper exports declined to $X in 2022. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X units), Thailand (X units) and Taiwan (Chinese) (X units) were the main destinations of vehicle windscreen wiper exports from Malaysia, with a combined X% share of total exports. The United States, Indonesia, Norfolk Island, Germany and Saudi Arabia lagged somewhat behind, together comprising 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 Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vehicle windscreen wiper exported from Malaysia were Indonesia ($X), the United States ($X) and Singapore ($X), together accounting for X% of total exports. Thailand, Germany, Taiwan (Chinese), Saudi Arabia and Norfolk Island lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average vehicle windscreen wiper export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 Germany (X%), while the prices for the other major destinations experienced a decline.

Vehicle Windscreen Wiper Imports

Imports into Malaysia

Vehicle windscreen wiper imports into Malaysia expanded modestly to X units in 2022, increasing by X% against the previous year. Overall, imports, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, vehicle windscreen wiper imports reduced dramatically to $X in 2022. In general, imports, however, recorded a noticeable decline. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of vehicle windscreen wiper to Malaysia, accounting for a X% share of total imports. Moreover, vehicle windscreen wiper imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), more than tenfold. The third position in this ranking was held by Singapore (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by India, with a X% share.

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

Import Prices by Country

The average vehicle windscreen wiper import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, import price indicated a moderate 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, vehicle windscreen wiper import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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