Malaysia - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electrical Board and Console in Malaysia - 2021
Contents:
- Price for Electrical Board and Console in Malaysia (CIF) - 2021
- Price for Electrical Board and Console in Malaysia (FOB) - 2022
- Imports of Electrical Board and Console in Malaysia
- Exports of Electrical Board and Console in Malaysia
Price for Electrical Board and Console in Malaysia (CIF) - 2021
The average electrical board and console import price stood at $313 per unit in December 2021, rising by 8.7% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2021 when the average import price increased by 220% against the previous month. As a result, import price attained the peak level of $1,403 per unit. From September 2021 to December 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was South Korea ($2,654 per unit), while the price for India ($81.9 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by South Korea (+24.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Board and Console in Malaysia (FOB) - 2022
The average electrical board and console export price stood at $231 per unit in 2022, picking up by 4.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 27%. As a result, the export price reached the peak level of $260 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($392 per unit), while the average price for exports to Singapore ($142 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 Philippines (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Board and Console in Malaysia
In 2022, after two years of decline, there was significant growth in purchases abroad of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v, when their volume increased by 29% to 434K units. In general, imports, however, recorded a abrupt downturn. Over the period under review, imports hit record highs at 673K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electrical board and console imports expanded significantly to $86M in 2022. Overall, imports, however, showed a deep setback. Over the period under review, imports attained the peak figure at $140M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Electrical Board and Console in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 55.3 | 47.7 | 43.8 | 43.2 | -7.9% |
Thailand | 33.2 | 13.1 | 9.5 | 12.1 | -28.6% |
South Korea | 13.4 | 4.1 | 9.0 | 8.0 | -15.8% |
Singapore | 5.8 | 2.5 | 1.5 | 4.4 | -8.8% |
India | 0.6 | 1.1 | 0.7 | 2.4 | 58.7% |
France | 3.2 | 1.6 | 0.7 | 1.6 | -20.6% |
Vietnam | 4.7 | 2.9 | 1.0 | 1.2 | -36.6% |
Indonesia | 3.2 | 1.4 | 0.3 | 1.0 | -32.1% |
Others | 20.7 | 17.5 | 13.3 | 11.9 | -16.9% |
Total | 140 | 91.8 | 79.9 | 85.8 | -15.1% |
Top Suppliers of Electrical Board and Console to Malaysia in 2022:
- China (283.7K units)
- India (45.2K units)
- South Korea (26.5K units)
- France (14.8K units)
- Indonesia (10.3K units)
- Singapore (9.6K units)
- Thailand (9.3K units)
- Vietnam (6.4K units)
Exports of Electrical Board and Console in Malaysia
In 2022, overseas shipments of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v increased by 4.4% to 440K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt descent. The exports peaked at 579K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electrical board and console exports expanded significantly to $102M in 2022. Over the period under review, exports, however, showed a abrupt setback. Over the period under review, the exports reached the peak figure at $126M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Electrical Board and Console in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 64.2 | 61.5 | 50.8 | 25.6 | -26.4% |
Kuwait | 9.5 | 12.5 | 2.0 | 13.0 | 11.0% |
Thailand | 11.6 | 3.9 | 2.4 | 9.5 | -6.4% |
Ghana | 4.6 | 1.1 | 3.3 | 5.4 | 5.5% |
Indonesia | 3.7 | 3.6 | 1.5 | 4.8 | 9.1% |
Oman | 3.8 | 2.6 | 2.4 | 4.7 | 7.3% |
Australia | 3.6 | 1.7 | 2.8 | 4.2 | 5.3% |
Qatar | 1.4 | 4.3 | 1.4 | 3.9 | 40.7% |
Philippines | 1.8 | 2.0 | 1.0 | 3.1 | 19.9% |
United States | 3.9 | 4.0 | 10.7 | 3.0 | -8.4% |
United Arab Emirates | 3.2 | 0.8 | 0.6 | 2.4 | -9.1% |
United Kingdom | 0.5 | 0.8 | 1.5 | 2.1 | 61.3% |
South Africa | 0.7 | 0.3 | 1.2 | 1.8 | 37.0% |
Others | 13.4 | 11.1 | 11.8 | 18.2 | 10.7% |
Total | 126 | 110 | 93.3 | 102 | -6.8% |
Top Export Markets for Electrical Board and Console from Malaysia in 2022:
- Singapore (180.6K units)
- Kuwait (52.0K units)
- Thailand (24.9K units)
- Oman (22.7K units)
- Qatar (19.1K units)
- Indonesia (19.0K units)
- Ghana (17.3K units)
- South Africa (11.7K units)
- United Arab Emirates (11.5K units)
- United Kingdom (11.2K units)
- Australia (10.7K units)
- Philippines (7.8K units)
- United States (7.6K units)
This report provides an in-depth analysis of the market for electrical board and console 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 27123203 - Numerical control panels, 1 .000 V < voltage . .72,5 kV
- Prodcom 27123205 - Numerical control panels, voltage > .72,5 kV
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for electrical board and console in Malaysia.
This report provides an in-depth analysis of the global market for electrical board and console.
This report provides an in-depth analysis of the market for electrical board and console in Malaysia.
This report provides an in-depth analysis of the global market for electrical board and console.
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
In 2016, approx. X tons of board and console were imported worldwide- rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...