Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $7.9 per unit, which is down by -19.5% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The pace of growth was the most pronounced in 2015 an increase of 12%. Over the period under review, average import prices attained the peak figure at $24 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($19 per unit), while the price for China ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-2.9%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $52 per unit, picking up by 9.5% against the previous year. Over the period under review, the export price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($64 per unit), while the average price for exports to Saudi Arabia ($13 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 Saudi Arabia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia
For the fourth year in a row, Malaysia recorded growth in supplies from abroad of electric motors and generators, which increased by 46% to 28M units in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors and generators skyrocketed to $220M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.5 | 72.2 | 63.3 | 82.6 | 14.9% |
| Singapore | 64.6 | 67.8 | 46.2 | 44.7 | -11.6% |
| Philippines | 31.5 | 18.4 | 27.2 | 25.0 | -7.4% |
| Japan | 8.5 | 8.3 | 9.1 | 21.7 | 36.7% |
| Indonesia | 1.9 | 8.5 | 7.5 | 14.0 | 94.6% |
| Vietnam | 5.3 | 4.6 | 4.3 | 8.2 | 15.7% |
| Others | 18.9 | 16.6 | 29.4 | 23.4 | 7.4% |
| Total | 185 | 196 | 187 | 220 | 5.9% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Malaysia in 2022:
- China (16.5M units)
- Singapore (3.3M units)
- Indonesia (2.4M units)
- Japan (2.2M units)
- Vietnam (1.4M units)
- Philippines (1.3M units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia
In 2022, exports of electric motors and generators from Malaysia shrank notably to 374K units, waning by -18% compared with the previous year's figure. In general, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. Over the period under review, the exports of reached the peak figure at 491K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electric motors and generators shrank to $19M in 2022. Over the period under review, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 128% against the previous year. As a result, the exports attained the peak of $22M, and then reduced in the following year.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 5.5 | 4.8 | 7.5 | 10.8 | 25.2% |
| United States | 1.5 | 1.5 | 5.2 | 4.4 | 43.1% |
| China | 0.4 | 0.4 | 0.9 | 1.0 | 35.7% |
| Thailand | 0.8 | 0.3 | 1.1 | 0.9 | 4.0% |
| Germany | 0.4 | 0.7 | 0.7 | 0.4 | 0.0% |
| Japan | 0.4 | 0.2 | 0.7 | 0.2 | -20.6% |
| Brazil | 0.2 | N/A | 3.0 | 0.1 | -20.6% |
| Saudi Arabia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 2.3 | 1.5 | 2.5 | 1.6 | -11.4% |
| Total | 11.6 | 9.5 | 21.6 | 19.4 | 18.7% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Malaysia in 2022:
- Singapore (169.3K units)
- United States (77.3K units)
- Thailand (35.5K units)
- China (33.0K units)
- Germany (19.1K units)
- Saudi Arabia (9.7K units)
- Japan (9.1K units)
- Brazil (1.1K units)
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