Updated Nov 23, 2022 19:07

Market for Aluminium Window And Door in Malaysia

Market Overview
After four years of growth, the Malaysian aluminium window and door market decreased by -% to $ in . The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $ in , and then shrank in the following year.

In value terms, aluminium window and door production reduced modestly to $ in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in , and then dropped slightly in the following year.


Consumption
In , approx. tons of aluminium doors, thresholds for doors and windows were consumed in Malaysia; approximately equating the previous year. In general, the total consumption indicated a temperate increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against indices. Over the period under review, consumption attained the peak volume at tons in ; however, from to , consumption failed to regain momentum.

The size of the aluminium window and door market in Malaysia was estimated at $ in , therefore, remained relatively stable 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $ in ; however, from to , consumption failed to regain momentum.


Market Forecast
Driven by increasing demand for aluminium window and door in Malaysia, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase 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 aluminium 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 aluminium window and door market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Malaysia remains a net exporter of aluminium 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.