Price for Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $362 per unit in 2022, with a decrease of -32.8% against the previous year. Over the period under review, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2020 an increase of 191% against the previous year. The import price peaked at $927 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 ($813 per unit), while the price for China ($197 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $132 per unit, with a decrease of -60.1% against the previous year. Overall, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of 2,235% against the previous year. Over the period under review, the average export prices reached the peak figure at $408 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($1,350 per unit), while the average price for exports to Nigeria ($56 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 Singapore (+0.1%), while the prices for the other major destinations experienced a decline.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia
In 2022, the amount of reciprocating or rotary internal combustion piston engineses imported into Malaysia skyrocketed to 927K units, growing by 138% against the previous year. Over the period under review, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of reciprocating or rotary internal combustion piston engineses skyrocketed to $351M in 2022. Overall, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 114 | 61.9 | 69.4 | 106 | -2.4% |
| China | 8.4 | 4.5 | 18.7 | 91.1 | 121.4% |
| Japan | 38.2 | 37.6 | 36.8 | 46.0 | 6.4% |
| Thailand | 13.6 | 12.6 | 16.4 | 44.1 | 48.0% |
| Vietnam | 5.3 | 2.4 | 3.5 | 2.2 | -25.4% |
| Others | 88.2 | 31.1 | 38.4 | 61.9 | -11.1% |
| Total | 268 | 150 | 183 | 351 | 9.4% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Malaysia in 2022:
- China (462.0K units)
- Indonesia (253.1K units)
- Japan (112.8K units)
- Thailand (54.2K units)
- Vietnam (9.1K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia
In 2022, shipments abroad of reciprocating or rotary internal combustion piston engineses increased by 49% to 138K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a sharp decrease. The exports peaked at 408K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of reciprocating or rotary internal combustion piston engineses skyrocketed to $44M in 2022. In general, exports, however, continue to indicate a pronounced decrease. Over the period under review, the exports of reached the peak figure at $49M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2.2 | 3.4 | 2.3 | 11.8 | 75.0% |
| Thailand | 11.3 | 5.9 | 5.2 | 5.5 | -21.3% |
| New Zealand | N/A | N/A | N/A | 4.9 | 0% |
| Russia | 0.1 | 0.3 | 0.4 | 3.2 | 217.5% |
| Chile | 2.5 | 1.6 | 2.5 | 2.3 | -2.7% |
| Sri Lanka | N/A | N/A | N/A | 2.2 | 0% |
| China | 2.4 | 3.5 | 3.1 | 2.1 | -4.4% |
| United Arab Emirates | 2.5 | 0.3 | 0.5 | 1.5 | -15.7% |
| Hong Kong SAR | 1.5 | 0.4 | 1.7 | 1.4 | -2.3% |
| United States | 1.2 | 1.1 | 1.2 | 1.2 | 0.0% |
| South Africa | 1.4 | 1.0 | 1.3 | 1.1 | -7.7% |
| Nigeria | 2.2 | 1.6 | 2.2 | 1.1 | -20.6% |
| Iraq | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Others | 21.9 | 9.8 | 9.6 | 5.0 | -38.9% |
| Total | 49.3 | 28.8 | 30.0 | 43.9 | -3.8% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Malaysia in 2022:
- Nigeria (19.6K units)
- Thailand (15.8K units)
- China (10.9K units)
- Singapore (10.0K units)
- Russia (8.7K units)
- United Arab Emirates (8.2K units)
- Sri Lanka (8.2K units)
- Hong Kong SAR (8.1K units)
- Iraq (8.0K units)
- Chile (6.4K units)
- New Zealand (3.6K units)
- United States (3.1K units)
- South Africa (2.9K units)
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