Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia (CIF) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia (CIF) - 2022
In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $456 per unit, rising by 99% against the previous year. In general, the import price, however, showed a deep downturn. The import price peaked at $2,157 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,662 per unit), while the price for China ($283 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $251 per unit in 2022, rising by 17% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 41%. The export price peaked at $1,299 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($771 per unit), while the average price for exports to Nigeria ($111 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 Singapore (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia
Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Malaysia soared to 7.3K units in 2022, with an increase of 25% compared with the previous year's figure. In general, imports, however, showed a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Over the period under review, imports of reached the peak figure at 8.3K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses skyrocketed to $3.3M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports of attained the maximum at $3.3M in 2019; afterwards, it flattened through to 2022.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 748 | 524 | 821 | 1,119 | 14.4% |
| United States | 776 | 48.3 | 134 | 688 | -3.9% |
| Germany | 255 | 107 | 52.7 | 487 | 24.1% |
| Italy | 16.2 | 22.6 | 38.6 | 404 | 192.2% |
| Australia | 143 | 106 | 144 | 156 | 2.9% |
| Japan | 338 | 91.8 | 24.1 | 91.2 | -35.4% |
| Others | 1,059 | 761 | 118 | 374 | -29.3% |
| Total | 3,336 | 1,662 | 1,333 | 3,319 | -0.2% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Malaysia in 2022:
- China (4.0K units)
- United States (2.2K units)
- Italy (0.6K units)
- Germany (0.2K units)
- Australia (0.1K units)
- Japan (0.1K units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia
In 2022, shipments abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -66.3% to 1.2K units, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 126% against the previous year. As a result, the exports attained the peak of 4K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses dropped notably to $302K in 2022. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 124% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | 1.6 | 253 | 186 | 94.7 | 289.7% |
| Indonesia | N/A | 312 | 12.5 | 62.8 | -55.1% |
| Singapore | 56.7 | 119 | 30.7 | 53.2 | -2.1% |
| Papua New Guinea | 61.2 | 53.5 | 42.0 | 25.2 | -25.6% |
| Nigeria | N/A | N/A | N/A | 10.0 | 0% |
| Oman | 316 | 45.8 | N/A | N/A | -85.5% |
| Seychelles | 11.2 | N/A | N/A | N/A | 0% |
| Others | 50.7 | 329 | 495 | 55.8 | 3.2% |
| Total | 497 | 1,112 | 767 | 302 | -15.3% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Malaysia in 2022:
- Brunei Darussalam (807.0 units)
- Indonesia (131.0 units)
- Nigeria (90.0 units)
- Papua New Guinea (77.0 units)
- Singapore (69.0 units)
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