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Malaysia - Concrete or Mortar Mixers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMalaysia: Concrete Mixer Market 2024
Concrete Mixer Market Size in Malaysia
In 2021, after four years of growth, there was decline in the Malaysian concrete mixer market, when its value decreased by -2.7% to $X. Overall, consumption saw a perceptible setback. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.
Concrete Mixer Production in Malaysia
In value terms, concrete mixer production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 78% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.
Concrete Mixer Exports
Exports from Malaysia
In 2021, after three years of decline, there was significant growth in overseas shipments of concrete or mortar mixers, when their volume increased by 78% to X units. Over the period under review, exports, however, faced a dramatic curtailment. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, concrete mixer exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
China (X units), Bangladesh (X units) and the United States (X units) were the main destinations of concrete mixer exports from Malaysia, together accounting for 59% of total exports. Thailand, Nigeria, Taiwan (Chinese), Finland, Vietnam and Saudi Arabia lagged somewhat behind, together accounting for a further 29%.
From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +23.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, China ($X), Thailand ($X) and Nigeria ($X) constituted the largest markets for concrete mixer exported from Malaysia worldwide, with a combined 34% share of total exports. These countries were followed by Bangladesh, the United States, Vietnam, Finland, Taiwan (Chinese) and Saudi Arabia, which together accounted for a further 12%.
Among the main countries of destination, Taiwan (Chinese), with a CAGR of +46.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average concrete mixer export price stood at $X per unit in 2021, rising by 10% against the previous year. In general, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 74%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1,263.9%), while the prices for the other major destinations experienced more modest paces of growth.
Concrete Mixer Imports
Imports into Malaysia
In 2021, the amount of concrete or mortar mixers imported into Malaysia reduced to X units, shrinking by -11.8% compared with the previous year's figure. Overall, imports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 96%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, concrete mixer imports fell significantly to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 154%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X units) constituted the largest concrete mixer supplier to Malaysia, accounting for a 76% share of total imports. Moreover, concrete mixer imports from China exceeded the figures recorded by the second-largest supplier, France (X units), more than tenfold. Australia (X units) ranked third in terms of total imports with a 2.9% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-18.2% per year) and Australia (-11.3% per year).
In value terms, China ($X) constituted the largest supplier of concrete or mortar mixers to Malaysia, comprising 78% of total imports. The second position in the ranking was held by Spain ($X), with a 2.9% share of total imports. It was followed by Denmark, with a 1.9% share.
From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+6.5% per year) and Denmark (+0.3% per year).
Import Prices by Country
In 2021, the average concrete mixer import price amounted to $X per unit, which is down by -13.9% against the previous year. In general, the import price, however, recorded significant growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 368% against the previous year. The import price peaked at $X per unit in 2020, and then shrank in the following year.
Prices varied noticeably country of origin: the country with the highest price was Spain ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the concrete mixer 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 28924050 - Concrete or mortar mixers
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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