Price for Vehicles; Mobile Drilling Derricks in Malaysia - 2021

Contents:

1. Price for Vehicles; Mobile Drilling Derricks in Malaysia (FOB) - 2022
2. Price for Vehicles; Mobile Drilling Derricks in Malaysia (CIF) - 2022
3. Exports of Vehicles; Mobile Drilling Derricks in Malaysia
4. Imports of Vehicles; Mobile Drilling Derricks in Malaysia

Price for Vehicles; Mobile Drilling Derricks in Malaysia (FOB) - 2022

The average vehicles; mobile drilling derricks export price stood at $28,477 per unit in 2022, remaining stable against the previous year. Overall, the export price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2019 an increase of 20,448%. Over the period under review, the average export prices reached the maximum at $50,737 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($47,357 per unit), while the average price for exports to Thailand ($384 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 (+9.6%), while the prices for the other major destinations experienced a decline.

Price for Vehicles; Mobile Drilling Derricks in Malaysia (CIF) - 2022

The average vehicles; mobile drilling derricks import price stood at $23,862 per unit in 2022, which is down by -40.7% against the previous year. In general, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 1,055% against the previous year. As a result, import price attained the peak level of $85,305 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($43,361 per unit), while the price for Australia ($4,746 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.4%), while the prices for the other major suppliers experienced a decline.

Exports of Vehicles; Mobile Drilling Derricks in Malaysia

After two years of decline, shipments abroad of vehicles; mobile drilling derrickses decreased by 0% to 3 units in 2022. Overall, exports recorded a deep setback. The smallest decline of -25% was in 2020. The exports peaked at 4 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, vehicles; mobile drilling derricks exports reached $85K in 2022. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $87K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Vehicles; Mobile Drilling Derricks from Malaysia in 2022:

1. Thailand (1.0 units)
2. Australia (1.0 units)
3. Singapore (1.0 units)

Imports of Vehicles; Mobile Drilling Derricks in Malaysia

In 2022, after two years of decline, there was decline in supplies from abroad of vehicles; mobile drilling derrickses, when their volume decreased by 0% to 4 units. Overall, imports saw a drastic downturn. The smallest decline of -42.9% was in 2020. Over the period under review, imports hit record highs at 7 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, vehicles; mobile drilling derricks imports dropped dramatically to $95K in 2022. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 438% against the previous year. As a result, imports reached the peak of $161K, and then contracted significantly in the following year.

Top Suppliers of Vehicles; Mobile Drilling Derricks to Malaysia in 2022:

1. Japan (1.0 units)
2. Australia (1.0 units)
3. China (1.0 units)
4. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform