Metal Treating Machine Market in Malaysia
Market Overview
In 
, the Malaysian metal treating machine market increased by % to $, rising for the second consecutive year after three years of decline. Overall, consumption, however, recorded a slight slump. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.
In value terms, metal treating machine production soared to $ in estimated in export price. Overall, production, however, recorded a drastic downturn. Over the period under review, production attained the peak level at $ in 2009; however, from 2010 to , production failed to regain momentum.
, the Malaysian metal treating machine market increased by % to $, rising for the second consecutive year after three years of decline. Overall, consumption, however, recorded a slight slump. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.In value terms, metal treating machine production soared to $
in estimated in export price. Overall, production, however, recorded a drastic downturn. Over the period under review, production attained the peak level at $ in 2009; however, from 2010 to , production failed to regain momentum.Consumption
In , consumption of machines for treating metal, having individual functions increased by % to units, rising for the second consecutive year after three years of decline. Overall, consumption saw a tangible expansion. As a result, consumption attained the peak volume of units. From 2018 to , the growth of the consumption remained at a lower figure.
The revenue of the metal treating machine market in Malaysia soared to $ in , jumping 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). Over the period under review, consumption, however, recorded a mild curtailment. As a result, consumption reached the peak level of $. From 2018 to , the growth of the market remained at a lower figure.
, consumption of machines for treating metal, having individual functions increased by % to units, rising for the second consecutive year after three years of decline. Overall, consumption saw a tangible expansion. As a result, consumption attained the peak volume of units. From 2018 to , the growth of the consumption remained at a lower figure.The revenue of the metal treating machine market in Malaysia soared to $
in , jumping 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). Over the period under review, consumption, however, recorded a mild curtailment. As a result, consumption reached the peak level of $. From 2018 to , the growth of the market remained at a lower figure.Market Forecast
Driven by increasing demand for machines for treating metal, having individual functions in Malaysia, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units 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 .
% for the period from to , which is projected to bring the market volume to units 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
Metal treating machine market in Malaysia consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. 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.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. 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 importer of metal treating machine; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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