Malaysia - Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRock Cutter Price in Malaysia - 2021
Contents:
- Rock Cutter Price in Malaysia (FOB) - 2022
- Rock Cutter Price in Malaysia (CIF) - 2022
- Rock Cutter Exports in Malaysia
- Rock Cutter Imports in Malaysia
Rock Cutter Price in Malaysia (FOB) - 2022
The average rock cutter export price stood at $29,174 per unit in 2022, growing by 43% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rock cutter export price decreased by -9.1% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 92% against the previous year. As a result, the export price attained the peak level of $49,672 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.6% per year.
Rock Cutter Price in Malaysia (CIF) - 2022
In 2022, the average rock cutter import price amounted to $29,852 per unit, surging by 6% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 18%. The import price peaked at $33,009 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($32,312 per unit), while the price for Germany stood at $27,205 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Rock Cutter Exports in Malaysia
In 2022, approx. 5 units of coal or rock cutters and tunnelling machinery were exported from Malaysia; reducing by -37.5% compared with the year before. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year. The exports peaked at 26 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, rock cutter exports shrank to $146K in 2022. Overall, exports showed a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. The exports peaked at $727K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Rock Cutter in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 629 | 128 | 17.4 | 146 | -38.5% |
| Hong Kong SAR | 8.8 | N/A | N/A | N/A | 0% |
| Thailand | 28.0 | N/A | N/A | N/A | 0% |
| Japan | 51.7 | N/A | N/A | N/A | 0% |
| China | 9.4 | N/A | 0.3 | N/A | -82.1% |
| India | N/A | N/A | 6.1 | N/A | 0% |
| Italy | N/A | N/A | 140 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 727 | 128 | 163 | 146 | -41.4% |
Top Export Markets for Rock Cutter from Malaysia in 2022:
- Singapore (5.0 units)
Rock Cutter Imports in Malaysia
In 2022, after three years of growth, there was significant decline in supplies from abroad of coal or rock cutters and tunnelling machinery, when their volume decreased by -7.8% to 438 units. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 180%. Imports peaked at 475 units in 2021, and then fell in the following year.
In value terms, rock cutter imports contracted modestly to $13M in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 230%. Over the period under review, imports attained the peak figure at $13M in 2021, and then contracted in the following year.
| Import of Rock Cutter in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 7.4 | 3.3 | 7.3 | 54.0% |
| Germany | 0.2 | 5.3 | 8.0 | 5.7 | 205.5% |
| Italy | 1.5 | N/A | 1.0 | N/A | -18.4% |
| Others | 0.1 | N/A | 1.1 | N/A | 231.7% |
| Total | 3.9 | 12.8 | 13.4 | 13.1 | 49.8% |
Top Suppliers of Rock Cutter to Malaysia in 2022:
- China (227.0 units)
- Germany (211.0 units)
This report provides an in-depth analysis of the rock cutter 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 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)
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
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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
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