Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia - 2024
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $1,233 per unit, which is down by -40.2% against the previous year. In general, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 23%. The import price peaked at $2,062 per unit in 2021, and then declined rapidly in the following year.
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 Thailand ($3,004 per unit), while the price for Paraguay ($29 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia (FOB) - 2022
In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $658 per unit, rising by 14% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by +59.7% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 40%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($2,855 per unit), while the average price for exports to Iraq ($232 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 Nigeria (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia
After two years of decline, purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by 125% to 194K units in 2022. In general, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) skyrocketed to $239M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 61.9 | 54.0 | 78.1 | 109 | 20.8% |
| Japan | 36.9 | 25.0 | 21.3 | 32.2 | -4.4% |
| China | 16.7 | 15.3 | 17.5 | 26.7 | 16.9% |
| India | 2.0 | 1.3 | 1.5 | 3.4 | 19.3% |
| Paraguay | N/A | N/A | N/A | 1.1 | 0% |
| New Zealand | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Others | 62.3 | 58.2 | 59.1 | 65.9 | 1.9% |
| Total | 180 | 154 | 178 | 239 | 9.9% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Malaysia in 2022:
- Japan (76.3K units)
- Paraguay (36.7K units)
- Thailand (36.2K units)
- China (18.5K units)
- India (5.9K units)
- New Zealand (4.2K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia
For the third year in a row, Malaysia recorded decline in overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), which decreased by -9.9% to 29K units in 2022. Overall, exports saw a precipitous descent. The exports peaked at 64K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) expanded slightly to $19M in 2022. Over the period under review, exports continue to indicate a drastic downturn. The exports peaked at $29M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 3.9 | 4.1 | 3.0 | 3.1 | -7.4% |
| Indonesia | 4.6 | 2.8 | 3.5 | 2.6 | -17.3% |
| Singapore | 1.6 | 1.0 | 1.4 | 2.5 | 16.0% |
| United States | 0.6 | 0.5 | 0.4 | 1.5 | 35.7% |
| United Arab Emirates | 1.3 | 0.2 | 0.1 | 1.3 | 0.0% |
| South Africa | 1.7 | 1.1 | 1.3 | 1.3 | -8.6% |
| Chile | 0.9 | 0.4 | 0.5 | 0.8 | -3.9% |
| Nigeria | 0.9 | 0.7 | 0.8 | 0.8 | -3.9% |
| Russia | 0.9 | 0.6 | 0.6 | 0.8 | -3.9% |
| Philippines | 0.7 | 0.7 | 0.6 | 0.4 | -17.0% |
| Netherlands | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Namibia | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
| Iraq | 1.4 | 0.8 | 0.5 | 0.2 | -47.7% |
| Others | 10.0 | 5.5 | 5.2 | 2.9 | -33.8% |
| Total | 29.2 | 18.5 | 18.3 | 18.8 | -13.7% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Malaysia in 2022:
- Thailand (4.5K units)
- Nigeria (3.2K units)
- United Arab Emirates (3.1K units)
- South Africa (2.6K units)
- Indonesia (2.3K units)
- United States (2.2K units)
- Chile (1.3K units)
- Philippines (1.0K units)
- Singapore (0.9K units)
- Iraq (0.9K units)
- Netherlands (0.7K units)
- Namibia (0.7K units)
- Russia (0.7K units)
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