Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia - 2023

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia (CIF) - 2022
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia (FOB) - 2022
  3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia
  4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $1,501 per unit, surging by 31% against the previous year. Overall, the import price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 114%. Over the period under review, average import prices attained the maximum at $8,344 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,512 per unit), while the price for China ($475 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.1%), while the prices for the other major suppliers experienced a decline.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $5,779 per unit, with an increase of 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices reached the maximum at $6,604 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($6,383 per unit), while the average price for exports to China ($1,915 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 (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia

In 2022, approx. 7K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs were imported into Malaysia; rising by 132% compared with 2021 figures. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs soared to $11M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.34.02.45.8168.4%
GermanyN/AN/A0.13.02900.0%
China0.60.40.71.329.4%
Others0.70.20.30.5-10.6%
Total1.64.73.510.587.2%

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Malaysia in 2022:

  1. Japan (3.4K units)
  2. China (2.7K units)
  3. Germany (0.9K units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia

After two years of decline, overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs increased by 117% to 386 units in 2022. Over the period under review, exports, however, recorded a precipitous decrease. The exports peaked at 1.1K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs soared to $2.2M in 2022. Overall, exports, however, showed a sharp decrease. The exports peaked at $7.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brunei Darussalam8974887091,37315.2%
Mauritius66623837.8645-1.1%
Japan85622219.435.7-65.3%
ChinaN/AN/AN/A34.50%
Singapore50230.921.032.7-59.8%
Sri Lanka3,678657N/AN/A-82.1%
Cambodia15160.7N/AN/A-59.8%
Indonesia30.9179123N/A99.5%
Others46910.9N/A111-38.1%
Total7,2511,8879102,231-32.5%

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Malaysia in 2022:

  1. Brunei Darussalam (245.0 units)
  2. Mauritius (101.0 units)
  3. China (18.0 units)
  4. Singapore (7.0 units)
  5. Japan (3.0 units)

Source: IndexBox Market Intelligence Platform

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