Domestic Coffee Machine Market Overview in Malaysia
In value terms, domestic coffee machine production rose sharply to $ in 2019 estimated in export prices. In general, production posted prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. Domestic coffee machine production peaked at $ in 2017; however, from 2018 to 2019, production failed to regain the momentum.
The revenue of the domestic coffee machine market in Malaysia expanded to $ in 2019, increasing 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). In general, the total consumption indicated a temperate expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2015 indices. The pace of growth appeared the most rapid in 2014 with an increase of % against the previous year. Domestic coffee machine consumption peaked at $ in 2015; however, from 2016 to 2019, consumption remained at a lower figure.