Cranes; Tower Cranes Price in Malaysia - 2021
Contents:
- Cranes; Tower Cranes Price in Malaysia (FOB) - 2022
- Cranes; Tower Cranes Price in Malaysia (CIF) - 2022
- Cranes; Tower Cranes Exports in Malaysia
- Cranes; Tower Cranes Imports in Malaysia
Cranes; Tower Cranes Price in Malaysia (FOB) - 2022
In 2022, the average cranes; tower cranes export price amounted to $259,526 per unit, rising by 25% against the previous year. Over the period under review, the export price continues to indicate significant growth. The growth pace was the most rapid in 2013 when the average export price increased by 381%. The export price peaked at $288,908 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($447,600 per unit), while the average price for exports to Bolivia ($585 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 Bolivia (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cranes; Tower Cranes Price in Malaysia (CIF) - 2022
In 2022, the average cranes; tower cranes import price amounted to $89,432 per unit, jumping by 15% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 92%. As a result, import price attained the peak level of $142,609 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.7% per year.
Cranes; Tower Cranes Exports in Malaysia
In 2022, overseas shipments of cranes; tower craneses were finally on the rise to reach 57 units after two years of decline. In general, exports, however, continue to indicate a significant decline. Over the period under review, the exports attained the maximum at 185 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, cranes; tower cranes exports soared to $15M in 2022. Overall, exports, however, saw a abrupt decrease. The exports peaked at $23M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Cranes; Tower Cranes in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 18.0 | 13.6 | 6.8 | 11.1 | -14.9% |
| United States | 2.7 | 1.7 | 1.5 | 1.7 | -14.3% |
| South Korea | 0.8 | 1.4 | 1.3 | 1.5 | 23.3% |
| Denmark | 1.0 | N/A | 0.4 | 0.4 | -26.3% |
| Bolivia | N/A | N/A | N/A | N/A | 0% |
| Uganda | 0.1 | N/A | N/A | N/A | 0% |
| China | N/A | 1.9 | N/A | N/A | 0% |
| Cambodia | N/A | 0.6 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 22.6 | 19.2 | 10.4 | 14.8 | -13.2% |
Top Export Markets for Cranes; Tower Cranes from Malaysia in 2022:
- Australia (25.0 units)
- South Korea (14.0 units)
- United States (13.0 units)
- Denmark (5.0 units)
- Bolivia (1.0 units)
Cranes; Tower Cranes Imports in Malaysia
Cranes; tower cranes imports into Malaysia dropped dramatically to 102 units in 2022, which is down by -38.6% compared with the year before. In general, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 337%. As a result, imports reached the peak of 166 units, and then shrank markedly in the following year.
In value terms, cranes; tower cranes imports reduced remarkably to $9.1M in 2022. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 142% against the previous year. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Cranes; Tower Cranes in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.8 | 5.3 | 12.9 | 9.1 | -18.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.8 | 5.3 | 12.9 | 9.1 | -18.5% |
Top Suppliers of Cranes; Tower Cranes to Malaysia in 2022:
- China (102.0 units)
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