Report Update: May 1, 2024

Malaysia - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends And Insights

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Isolating Switch Price in Malaysia - 2021

Isolating Switch Price in Malaysia (CIF) - 2022

In 2022, the average isolating switch import price amounted to $23 per unit, with a decrease of -11.5% against the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 40% against the previous year. The import price peaked at $50 per unit in 2012; however, from 2013 to 2022, 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 ($61 per unit), while the price for Hong Kong SAR ($7.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.8%), while the prices for the other major suppliers experienced a decline.

Isolating Switch Price in Malaysia (FOB) - 2022

The average isolating switch export price stood at $36 per unit in 2022, picking up by 15% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The growth pace was the most rapid in 2014 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($167 per unit), while the average price for exports to Papua New Guinea ($9.7 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 the UK (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Isolating Switch Imports in Malaysia

In 2022, purchases abroad of isolating switches & make-and-break switches was finally on the rise to reach 702K units after two years of decline. In general, imports, however, showed a abrupt slump. Imports peaked at 931K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, isolating switch imports skyrocketed to $16M in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports hit record highs at $22M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Isolating Switch in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	0.3	0.1	0.1	3.5	126.8%
Italy	4.8	5.0	0.8	2.1	-24.1%
Singapore	3.0	1.2	1.4	1.8	-15.7%
United Arab Emirates	2.7	1.0	1.1	1.2	-23.7%
Hong Kong SAR	0.9	0.5	1.2	1.2	10.1%
United States	0.8	1.6	0.9	1.0	7.7%
Germany	0.3	0.4	0.4	1.0	49.4%
Taiwan (Chinese)	0.7	0.8	0.8	0.8	4.6%
India	0.4	N/A	0.4	0.4	0.0%
Austria	N/A	0.1	0.1	0.4	100.0%
South Korea	0.4	0.5	0.4	0.4	0.0%
China	3.6	2.7	2.2	0.3	-56.3%
Poland	0.3	0.3	0.1	0.2	-12.6%
Others	4.2	4.1	3.3	1.7	-26.0%
Total	22.5	18.4	13.2	15.8	-11.1%

Top Suppliers of Isolating Switch to Malaysia in 2022:

Hong Kong SAR (168.4K units)
Italy (154.5K units)
United Arab Emirates (97.1K units)
Switzerland (62.4K units)
Singapore (33.6K units)
South Korea (27.5K units)
India (25.6K units)
United States (24.1K units)
Germany (15.5K units)
Taiwan (Chinese) (14.9K units)
Poland (14.4K units)
Austria (12.5K units)
China (12.2K units)

Isolating Switch Exports in Malaysia

In 2022, the amount of isolating switches & make-and-break switches exported from Malaysia declined significantly to 32K units, reducing by -31.1% against the previous year. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. The exports peaked at 59K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, isolating switch exports declined markedly to $1.2M in 2022. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 70% against the previous year. The exports peaked at $1.6M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Isolating Switch in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	387	69.0	377	234	-15.4%
United States	102	159	294	211	27.4%
United Kingdom	13.0	4.9	3.6	158	129.9%
Ghana	305	167	248	143	-22.3%
Oman	164	96.1	153	94.6	-16.8%
Bahrain	148	73.0	94.2	58.4	-26.7%
United Arab Emirates	43.3	60.9	6.2	29.4	-12.1%
Australia	69.8	23.5	9.6	16.5	-38.2%
Ireland	20.6	12.1	19.5	12.1	-16.3%
Cambodia	31.2	11.8	8.7	11.6	-28.1%
Papua New Guinea	2.7	3.2	0.4	4.9	22.0%
Others	341	174	236	179	-19.3%
Total	1,627	854	1,449	1,152	-10.9%

Top Export Markets for Isolating Switch from Malaysia in 2022:

Singapore (5.4K units)
Ghana (5.3K units)
Bahrain (4.5K units)
United Kingdom (4.5K units)
Oman (2.5K units)
United Arab Emirates (1.5K units)
Australia (1.4K units)
United States (1.3K units)
Ireland (0.9K units)
Cambodia (0.6K units)
Papua New Guinea (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the isolating switch 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 2030.

Product coverage:

Prodcom 27121030 - Isolating switches and make-and-break switches

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023