Malaysia - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Malaysia - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia - 2024

Contents:

  1. Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia (FOB) - 2022
  2. Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia (CIF) - 2022
  3. Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia
  4. Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia

Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia (FOB) - 2022

The average export price for in-hand motor grinders, sanders and planers stood at $37 per unit in 2022, dropping by -9% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25% against the previous year. As a result, the export price reached the peak level of $41 per unit, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($64 per unit), while the average price for exports to Slovenia ($26 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 China (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia (CIF) - 2022

In 2022, the average import price for in-hand motor grinders, sanders and planers amounted to $26 per unit, shrinking by -18.4% against the previous year. Overall, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 31%. Over the period under review, average import prices hit record highs at $53 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($107 per unit), while the price for China ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-3.9%), while the prices for the other major suppliers experienced a decline.

Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia

In 2022, shipments abroad of in-hand motor grinders, sanders and planers decreased by -10% to 4.5M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 5M units, and then fell in the following year.

In value terms, exports of in-hand motor grinders, sanders and planers plummeted to $166M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 57%. As a result, the exports reached the peak of $203M, and then declined notably in the following year.

Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary17.922.024.321.25.8%
United States15.518.023.120.49.6%
Germany21.816.535.320.3-2.3%
China12.615.021.317.912.4%
Slovenia0.3N/A12.812.0242.0%
South Korea10.29.912.410.30.3%
Singapore8.55.99.67.5-4.1%
Brazil1.01.26.06.788.5%
United Arab Emirates1.61.85.45.651.8%
Japan6.37.17.85.2-6.2%
India1.71.73.23.426.0%
Thailand5.23.92.93.2-14.9%
Russia1.81.24.82.26.9%
Others36.625.534.430.6-5.8%
Total1411302031665.6%

Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Malaysia in 2022:

  1. Hungary (723.8K units)
  2. Germany (663.8K units)
  3. China (536.0K units)
  4. United States (523.8K units)
  5. Slovenia (458.1K units)
  6. South Korea (187.4K units)
  7. Singapore (172.9K units)
  8. Brazil (163.8K units)
  9. United Arab Emirates (138.9K units)
  10. Japan (81.4K units)
  11. Thailand (75.0K units)
  12. India (73.1K units)
  13. Russia (70.0K units)

Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia

In 2022, approx. 986K units of in-hand motor grinders, sanders and planers were imported into Malaysia; declining by -45.2% compared with the previous year's figure. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. As a result, imports attained the peak of 1.8M units, and then contracted notably in the following year.

In value terms, imports of in-hand motor grinders, sanders and planers dropped notably to $26M in 2022. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. As a result, imports attained the peak of $57M, and then fell remarkably in the following year.

Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31.525.849.020.7-13.1%
Others7.15.38.04.8-12.2%
Total38.531.157.025.5-12.8%

Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Malaysia in 2022:

  1. China (937.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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