Malaysia - Bending Or Assembling Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Malaysia - Bending Or Assembling Machines - Market Analysis, Forecast, Size, Trends And Insights

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Wood Bending Machine Price in Malaysia - 2021

Contents:

  1. Wood Bending Machine Price in Malaysia (CIF) - 2022
  2. Wood Bending Machine Price in Malaysia (FOB) - 2022
  3. Wood Bending Machine Imports in Malaysia
  4. Wood Bending Machine Exports in Malaysia

Wood Bending Machine Price in Malaysia (CIF) - 2022

In 2022, the average wood bending machine import price amounted to $23,177 per unit, jumping by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2018 when the average import price increased by 28%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($59,822 per unit), while the price for the United States ($2,975 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood Bending Machine Price in Malaysia (FOB) - 2022

In 2022, the average wood bending machine export price amounted to $33,498 per unit, which is down by -3.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 92%. Over the period under review, the average export prices reached the peak figure at $69,439 per unit in 2017; however, from 2018 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 Thailand ($217,517 per unit), while the average price for exports to Brunei Darussalam ($464 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 Australia (+0.3%), while the prices for the other major destinations experienced a decline.

Wood Bending Machine Imports in Malaysia

In 2022, approx. 212 units of bending or assembling machines were imported into Malaysia; falling by -42.1% against the previous year's figure. Overall, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 118%. As a result, imports attained the peak of 366 units, and then shrank rapidly in the following year.

In value terms, wood bending machine imports dropped notably to $4.9M in 2022. In general, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 175% against the previous year. As a result, imports attained the peak of $7.2M, and then declined dramatically in the following year.

Import of Wood Bending Machine in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5671,2852,6691,543-0.5%
Taiwan (Chinese)4681621,62775817.4%
Japan904383102568-14.4%
Italy13.91.4437404207.5%
South Korea11.4245581271187.5%
Singapore14379.9191122-5.2%
United States3.18.115.413.563.3%
Others2154631,6011,24679.6%
Total3,3252,6277,2234,92514.0%

Top Suppliers of Wood Bending Machine to Malaysia in 2022:

  1. China (132.0 units)
  2. Taiwan (Chinese) (23.0 units)
  3. Japan (14.0 units)
  4. Italy (10.0 units)
  5. Singapore (9.0 units)
  6. United States (5.0 units)
  7. South Korea (5.0 units)

Wood Bending Machine Exports in Malaysia

In 2022, the amount of bending or assembling machines exported from Malaysia declined to 56 units, which is down by -13.8% on the previous year's figure. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 81% against the previous year. Over the period under review, the exports reached the peak figure at 71 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood bending machine exports dropped notably to $1.9M in 2022. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, the exports reached the peak figure at $3.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wood Bending Machine in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2,4271,2661,8311,536-14.1%
Thailand59239.3136115-42.1%
China73.541.450.135.2-21.8%
Hong Kong SAR94.935.737.222.5-38.1%
India36.118.726.822.4-14.7%
United States6.811.323.719.943.0%
Brunei Darussalam1.00.50.60.5-20.6%
Ecuador1.9N/AN/AN/A0%
Others11898.01391262.2%
Total3,3511,5112,2451,878-17.6%

Top Export Markets for Wood Bending Machine from Malaysia in 2022:

  1. Australia (50.0 units)
  2. India (1.0 units)
  3. Brunei Darussalam (1.0 units)
  4. United States (1.0 units)
  5. China (1.0 units)
  6. Thailand (1.0 units)
  7. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood bending machine 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 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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