Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia - 2024
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia (CIF) - 2022
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia (FOB) - 2022
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia (CIF) - 2022
The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $1.3 per unit in 2022, increasing by 10% against the previous year. In general, the import price enjoyed a buoyant increase. The growth pace was the most rapid in 2020 when the average import price increased by 106% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia (FOB) - 2022
In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $1.5 per unit, with an increase of 44% against the previous year. Overall, the export price saw a pronounced increase. The growth pace was the most rapid in 2019 when the average export price increased by 104%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($5 per unit), while the average price for exports to Singapore ($1.3 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 Papua New Guinea (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia
In 2022, approx. 662K units of drawing, marking-out or mathematical calculating instrumentses were imported into Malaysia; almost unchanged from 2021 figures. Over the period under review, imports showed a dramatic setback. Imports peaked at 4.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses rose remarkably to $878K in 2022. Overall, imports showed a sharp curtailment. Over the period under review, imports of reached the peak figure at $1.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,311 | 326 | 372 | 398 | -32.8% |
| Germany | 56.5 | 12.8 | 4.7 | 207 | 54.2% |
| Indonesia | N/A | N/A | 39.1 | 18.7 | -52.2% |
| Taiwan (Chinese) | 55.6 | 20.5 | 28.0 | 14.9 | -35.5% |
| Others | 475 | 415 | 358 | 239 | -20.5% |
| Total | 1,898 | 774 | 802 | 878 | -22.7% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Malaysia in 2022:
- China (594.8K units)
- Germany (16.3K units)
- Taiwan (Chinese) (15.1K units)
- Indonesia (13.0K units)
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia
After two years of decline, overseas shipments of drawing, marking-out or mathematical calculating instrumentses increased by 140% to 223K units in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at 313K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses soared to $343K in 2022. In general, exports enjoyed a tangible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 17.0 | 2.2 | N/A | 246 | 143.7% |
| United States | 16.7 | 24.6 | 2.1 | 40.6 | 34.5% |
| Singapore | 11.4 | 18.6 | 8.3 | 7.8 | -11.9% |
| Japan | 46.3 | 17.5 | 10.6 | N/A | -52.2% |
| Netherlands | 27.5 | 20.5 | 10.6 | N/A | -37.9% |
| Papua New Guinea | 93.1 | 41.3 | N/A | N/A | -55.6% |
| Australia | 3.4 | N/A | 45.0 | N/A | 263.8% |
| Others | 95.3 | 30.0 | 23.1 | 48.5 | -20.2% |
| Total | 311 | 155 | 99.7 | 343 | 3.3% |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Malaysia in 2022:
- South Korea (183.5K units)
- United States (21.7K units)
- Singapore (6.2K units)
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