Market for Iron Or Steel Window And Door in Malaysia
Market Overview
The Malaysian market for iron or steel doors, thresholds for doors and windows totaled $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a mild contraction. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
In value terms, production of iron or steel doors, thresholds for doors and windows amounted to $ in estimated in export price. Over the period under review, production continues to indicate a slight reduction. The growth pace was the most rapid in 2018 with an increase of % against the previous year. Over the period under review, production of hit record highs at $ in 2008; however, from 2009 to , production remained at a lower figure.
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a mild contraction. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.In value terms, production of iron or steel doors, thresholds for doors and windows amounted to $
in estimated in export price. Over the period under review, production continues to indicate a slight reduction. The growth pace was the most rapid in 2018 with an increase of % against the previous year. Over the period under review, production of hit record highs at $ in 2008; however, from 2009 to , production remained at a lower figure.Consumption
In , consumption of iron or steel doors, thresholds for doors and windows in Malaysia shrank slightly to tons, remaining stable against the previous year. Over the period under review, consumption saw a mild slump. Consumption of peaked at tons in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
The value of the market for iron or steel doors, thresholds for doors and windows in Malaysia expanded to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a mild descent. Consumption of peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
, consumption of iron or steel doors, thresholds for doors and windows in Malaysia shrank slightly to tons, remaining stable against the previous year. Over the period under review, consumption saw a mild slump. Consumption of peaked at tons in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.The value of the market for iron or steel doors, thresholds for doors and windows in Malaysia expanded to $
in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a mild descent. Consumption of peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for iron or steel window and door in Malaysia, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total iron or steel window and door consumption in Malaysia was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Malaysia iron or steel window and door market is largely supplied by domestic manufacturers.
% figure. In value terms the share of imports also stood at a low figure, which means that the Malaysia iron or steel window and door market is largely supplied by domestic manufacturers.Trade Balance
Malaysia remains a net exporter of iron or steel window and door; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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