Musical Boxes Price in Malaysia - 2021
Contents:
- Musical Boxes Price in Malaysia (CIF) - 2022
- Musical Boxes Price in Malaysia (FOB) - 2022
- Musical Boxes Imports in Malaysia
- Musical Boxes Exports in Malaysia
Musical Boxes Price in Malaysia (CIF) - 2022
The average musical boxes import price stood at $4 per unit in 2022, surging by 2.6% against the previous year. In general, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of 70%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4.2 per unit), while the price for India ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Musical Boxes Price in Malaysia (FOB) - 2022
The average musical boxes export price stood at $6.9 per unit in 2022, falling by -10.2% against the previous year. In general, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 101% against the previous year. The export price peaked at $34 per unit in 2015; however, from 2016 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 China ($20 per unit), while the average price for exports to Singapore ($4 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 (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.
Musical Boxes Imports in Malaysia
In 2022, overseas purchases of musical boxeses decreased by -15.2% to 32K units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 2.7% against the previous year. As a result, imports attained the peak of 39K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, musical boxes imports contracted to $129K in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. Over the period under review, imports reached the maximum at $149K in 2021, and then dropped in the following year.
| Import of Musical Boxes in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.2 | 94.4 | 99.1 | 110 | 29.0% |
| France | 7.7 | 1.9 | 14.3 | 15.8 | 27.1% |
| India | 5.4 | 2.1 | 3.5 | 4.0 | -9.5% |
| Italy | N/A | 3.8 | 28.6 | N/A | 652.6% |
| Others | 5.1 | 7.8 | 3.0 | N/A | -23.3% |
| Total | 69.4 | 110 | 149 | 129 | 23.0% |
Top Suppliers of Musical Boxes to Malaysia in 2022:
- China (26.0K units)
- France (3.7K units)
- India (2.3K units)
Musical Boxes Exports in Malaysia
In 2022, shipments abroad of musical boxeses decreased by -13.7% to 3.1K units, falling for the second consecutive year after two years of growth. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% 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 decreased by -21.9% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 92%. As a result, the exports reached the peak of 3.9K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, musical boxes exports shrank significantly to $21K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 +40.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, the exports reached the peak of $27K, and then shrank sharply in the following year.
| Export of Musical Boxes in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 0.3 | 11.0 | 10.6 | 198.1% |
| Singapore | 5.8 | 0.4 | 8.1 | 9.6 | 18.3% |
| France | 0.2 | 0.2 | 0.1 | 0.5 | 35.7% |
| Nigeria | 5.9 | N/A | N/A | N/A | 0% |
| New Zealand | N/A | 5.3 | N/A | N/A | 0% |
| United States | N/A | 7.7 | 5.0 | N/A | -35.1% |
| Turkey | N/A | 0.7 | N/A | N/A | 0% |
| Others | 5.6 | 0.6 | 3.2 | 0.6 | -52.5% |
| Total | 18.0 | 15.1 | 27.5 | 21.3 | 5.8% |
Top Export Markets for Musical Boxes from Malaysia in 2022:
- Singapore (2374.0 units)
- China (527.0 units)
- France (99.0 units)
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