Malta: Motor Market 2020

Motor Market Size in Malta

The revenue of the motor market in Malta amounted to $X in 2018, falling by -X% against the previous year. Overall, motor consumption, however, continues to indicate prominent growth. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Malta motor consumption peaked at $X in 2017, and then declined slightly in the following year.

Motor Production in Malta

In value terms, motor production amounted to $X in 2018 estimated in export prices. Over the period under review, motor production, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, motor production reached its peak figure level at $X in 2015; however, from 2016 to 2018, production remained at a lower figure.

Motor Exports

Exports from Malta

Motor exports from Malta amounted to X units in 2018, picking up by X% against the previous year. Overall, motor exports, however, continue to indicate a dramatic deduction. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, motor exports attained their peak figure at X units in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, motor exports totaled $X in 2018. In general, motor exports, however, continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, motor exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X units), distantly followed by Germany (X units), Thailand (X units), Switzerland (X units), Vietnam (X units) and Mexico (X units) were the largest exporters of motors of an output not exceeding X w; other dc motors and dc generators, together comprising X% of total exports. Italy (X units), Japan (X units), South Korea (X units), Taiwan, Chinese (X units), Serbia (X units) and the U.S. (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Serbia, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest motor supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Mexico, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and Mexico (+X% per year).

Export Prices by Country

The motor export price in Malta stood at $X per unit in 2018, coming down by -X% against the previous year. Overall, the motor export price continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Malta export price peaked at $X per unit in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per unit), while Serbia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Motor Imports

Imports into Malta

In 2018, the amount of motors of an output not exceeding X w; other dc motors and dc generators imported into Malta amounted to X units, approximately mirroring the previous year. In general, motor imports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, motor imports attained their maximum at X units in 2010; however, from 2011 to 2018, imports remained at a lower figure.

In value terms, motor imports stood at $X in 2018. Over the period under review, the total imports indicated a resilient increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, motor imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Malta imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X units), the U.S. (X units) and Germany (X units) were the main importers of motors of an output not exceeding X w; other dc motors and dc generators in the world, committing X% of total import. It was distantly followed by Mexico (X units) and the Czech Republic (X units), together achieving a X% share of total imports. Japan (X units), China, Hong Kong SAR (X units), Thailand (X units), Malaysia (X units), Italy (X units), Poland (X units) and Brazil (X units) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports.

Among the main importing countries, Mexico experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the motor import price in Malta amounted to $X per unit, shrinking by -X% against the previous year. Over the period under review, the motor import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. In that year, the import prices for motors of an output not exceeding X w; other dc motors and dc generators attained their peak level of $X per unit. From 2015 to 2018, the growth in terms of the import prices for motors of an output not exceeding X w; other dc motors and dc generators failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform