Malaysia - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Malaysia - 2022
Contents:
- Multimeter Price in Malaysia (CIF) - 2022
- Multimeter Price in Malaysia (FOB) - 2021
- Multimeter Imports in Malaysia
- Multimeter Exports in Malaysia
Multimeter Price in Malaysia (CIF) - 2022
The average multimeter import price stood at $24 per unit in 2022, reducing by -6% against the previous year. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 5.2%. Over the period under review, average import prices attained the maximum at $56 per unit in 2013; however, from 2014 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 the UK ($68 per unit), while the price for China ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Multimeter Price in Malaysia (FOB) - 2021
In December 2021, the average multimeter export price amounted to $70.4 per unit, stabilizing at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. The pace of growth was the most pronounced in January 2021 an increase of 36% month-to-month. The export price peaked at $70.5 per unit in September 2021; however, from October 2021 to December 2021, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In December 2021, the countries with the highest prices were Hong Kong SAR ($70.6 per unit) and Taiwan (Chinese) ($70.5 per unit), while the average price for exports to South Korea ($70.2 per unit) and China ($70.4 per unit) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Imports in Malaysia
In 2022, the amount of multimeters imported into Malaysia dropped to 346K units, which is down by -8.2% on 2021 figures. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. As a result, imports attained the peak of 377K units, and then declined in the following year.
In value terms, multimeter imports contracted to $8.2M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports attained the peak of $9.5M, and then reduced in the following year.
Import of Multimeter in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,383 | 1,519 | 2,647 | 2,393 | 20.1% |
United States | 1,558 | 1,262 | 2,022 | 1,328 | -5.2% |
Singapore | 761 | 1,088 | 1,814 | 1,152 | 14.8% |
Germany | 335 | 222 | 420 | 682 | 26.7% |
Italy | 17.2 | 54.2 | 11.8 | 507 | 208.9% |
Austria | 122 | 10.2 | 3.4 | 394 | 47.8% |
Thailand | 829 | 602 | 74.1 | 353 | -24.8% |
Japan | 158 | 44.2 | 186 | 223 | 12.2% |
Others | 2,084 | 2,099 | 2,323 | 1,169 | -17.5% |
Total | 7,246 | 6,900 | 9,501 | 8,201 | 4.2% |
Top Suppliers of Multimeter to Malaysia in 2022:
- China (211.2K units)
- Singapore (42.4K units)
- United States (22.7K units)
- Germany (17.5K units)
- Italy (13.2K units)
- Japan (7.4K units)
- Austria (6.2K units)
- Thailand (4.5K units)
Multimeter Exports in Malaysia
In 2022, after three years of growth, there was significant decline in overseas shipments of multimeters, when their volume decreased by -34.9% to 102K units. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 156K units, and then dropped remarkably in the following year.
In value terms, multimeter exports contracted to $8.9M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. Over the period under review, the exports reached the maximum at $9.9M in 2021, and then declined in the following year.
Export of Multimeter in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2,131 | 2,239 | 1,620 | 4,712 | 30.3% |
Canada | 10.4 | 13.7 | 46.5 | 772 | 320.3% |
Mexico | 6.8 | 4.6 | 2.2 | 771 | 384.0% |
China | 935 | 1,296 | 1,796 | 732 | -7.8% |
Taiwan (Chinese) | 247 | 467 | 539 | 163 | -12.9% |
Australia | 2.4 | 9.2 | 28.2 | 143 | 290.6% |
Singapore | 332 | 495 | 407 | 129 | -27.0% |
France | 41.6 | 114 | 193 | 108 | 37.4% |
Argentina | 50.9 | 70.6 | 297 | 94.0 | 22.7% |
Poland | 60.4 | 254 | 271 | 83.0 | 11.2% |
South Korea | 53.9 | 85.1 | 240 | 72.4 | 10.3% |
Chile | 0.4 | 0.2 | 97.0 | 14.4 | 230.2% |
Netherlands | 328 | 54.0 | 36.8 | 9.0 | -69.8% |
Others | 2,037 | 2,774 | 4,365 | 1,107 | -18.4% |
Total | 6,236 | 7,877 | 9,938 | 8,908 | 12.6% |
Top Export Markets for Multimeter from Malaysia in 2022:
- United States (27.6K units)
- China (16.4K units)
- Canada (8.5K units)
- Mexico (7.9K units)
- Taiwan (Chinese) (5.7K units)
- Singapore (5.6K units)
- Poland (5.6K units)
- Chile (2.7K units)
- South Korea (2.5K units)
- Argentina (2.1K units)
- France (1.9K units)
- Australia (1.6K units)
- Netherlands (0.4K units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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
-
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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