Malaysia - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVehicle Seat Price in Malaysia - 2021
Contents:
- Vehicle Seat Price in Malaysia (FOB) - 2022
- Vehicle Seat Price in Malaysia (CIF) - 2022
- Vehicle Seat Exports in Malaysia
- Vehicle Seat Imports in Malaysia
Vehicle Seat Price in Malaysia (FOB) - 2022
In 2022, the average vehicle seat export price amounted to $134 per unit, shrinking by -2.9% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs at $204 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($235 per unit), while the average price for exports to Brunei Darussalam ($27 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 Hong Kong SAR (-2.2%), while the prices for the other major destinations experienced a decline.
Vehicle Seat Price in Malaysia (CIF) - 2022
In 2022, the average vehicle seat import price amounted to $102 per unit, picking up by 60% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($216 per unit), while the price for Hong Kong SAR ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Vehicle Seat Exports in Malaysia
In 2022, overseas shipments of seats for motor vehicles decreased by -7.6% to 76K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 33%. Over the period under review, the exports hit record highs at 83K units in 2021, and then contracted in the following year.
In value terms, vehicle seat exports shrank to $10M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of $11M, and then contracted in the following year.
Export of Vehicle Seat in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.5 | 3.1 | 4.7 | 5.7 | 17.7% |
Hong Kong SAR | 0.3 | 0.3 | 0.4 | 2.4 | 100.0% |
Singapore | 0.6 | 0.9 | 1.0 | 0.5 | -5.9% |
China | 2.0 | 3.5 | 3.2 | 0.4 | -41.5% |
New Zealand | 0.3 | 0.2 | 1.0 | 0.4 | 10.1% |
Australia | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
Brunei Darussalam | N/A | N/A | N/A | N/A | 0% |
Others | 1.3 | 0.8 | 1.1 | 0.6 | -22.7% |
Total | 8.2 | 9.1 | 11.4 | 10.2 | 7.5% |
Top Export Markets for Vehicle Seat from Malaysia in 2022:
- United States (52.4K units)
- Hong Kong SAR (12.8K units)
- Singapore (2.6K units)
- China (1.9K units)
- New Zealand (1.9K units)
- Brunei Darussalam (1.4K units)
- Australia (0.6K units)
Vehicle Seat Imports in Malaysia
In 2022, imports of seats for motor vehicles into Malaysia dropped dramatically to 80K units, reducing by -40.6% compared with 2021. Over the period under review, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Imports peaked at 266K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, vehicle seat imports contracted slightly to $8.2M in 2022. Overall, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Vehicle Seat in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.7 | 0.7 | 1.1 | 2.7 | -10.0% |
China | 2.2 | 2.7 | 3.1 | 0.8 | -28.6% |
Japan | 0.9 | 0.5 | 0.5 | 0.7 | -8.0% |
Czech Republic | N/A | N/A | 0.1 | 0.4 | 300.0% |
United States | 1.6 | 0.2 | 0.6 | 0.4 | -37.0% |
Hong Kong SAR | N/A | N/A | 0.2 | N/A | 0% |
Thailand | 1.6 | 2.5 | 1.4 | N/A | -6.5% |
Others | 4.7 | 1.2 | 1.5 | 3.2 | -12.0% |
Total | 14.7 | 7.8 | 8.6 | 8.2 | -17.7% |
Top Suppliers of Vehicle Seat to Malaysia in 2022:
- China (44.7K units)
- Germany (12.3K units)
- Japan (3.1K units)
- Hong Kong SAR (2.6K units)
- Czech Republic (2.0K units)
- United States (0.5K units)
This report provides an in-depth analysis of the vehicle seat market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29321000 - Seats for motor vehicles
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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