Report Update: May 1, 2024

Malaysia - Ships, Vessels, Ferry-Boats For The Transport Of Persons - Market Analysis, Forecast, Size, Trends and Insights

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Shipping Price in Malaysia - 2021

Shipping Price in Malaysia (CIF) - 2022

The average shipping import price stood at $1,873,651 per unit in 2022, declining by -6.5% against the previous year. In general, the import price, however, showed prominent growth. The pace of growth was the most pronounced in 2019 an increase of 348%. The import price peaked at $2,003,428 per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($6,534,320 per unit), while the price for Vietnam ($89,146 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Shipping Price in Malaysia (FOB) - 2022

In 2022, the average shipping export price amounted to $1,212,671 per unit, rising by 11% against the previous year. In general, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 46%. Over the period under review, the average export prices reached the peak figure at $1,246,967 per unit in 2019; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($1,446,326 per unit), while the average price for exports to Singapore stood at $1,068,883 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.

Shipping Imports in Malaysia

In 2022, purchases abroad of ships, vessels, ferry-boats for the transport of persons increased by 200% to 3 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a significant decrease. Over the period under review, imports hit record highs at 30 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, shipping imports skyrocketed to $6.5M in 2022. Over the period under review, imports, however, faced a dramatic descent. Over the period under review, imports attained the peak figure at $40M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Shipping in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	N/A	10.6	1.6	5.9	-25.4%
Indonesia	2.0	0.1	0.1	0.5	-37.0%
Vietnam	0.2	0.1	N/A	0.1	-20.6%
Japan	30.7	N/A	N/A	N/A	0%
China	7.3	N/A	N/A	N/A	0%
Others	N/A	N/A	0.3	N/A	0%
Total	40.2	10.9	2.0	6.5	-45.5%

Top Suppliers of Shipping to Malaysia in 2022:

Indonesia (2.0 units)
Vietnam (1.0 units)
Singapore (1.0 units)

Shipping Exports in Malaysia

For the third consecutive year, Malaysia recorded decline in shipments abroad of ships, vessels, ferry-boats for the transport of persons, which decreased by -16.7% to 5 units in 2022. Over the period under review, exports showed a sharp slump. The smallest decline of -14.3% was in 2021. The exports peaked at 14 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, shipping exports contracted to $6.1M in 2022. In general, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. The exports peaked at $18M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Shipping in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	8.9	2.4	3.5	3.3	-28.2%
Australia	2.2	N/A	3.0	2.8	8.4%
Vietnam	1.6	N/A	N/A	N/A	0%
United States	4.8	N/A	N/A	N/A	0%
Indonesia	N/A	3.1	N/A	N/A	0%
Philippines	N/A	N/A	0.1	N/A	0%
Taiwan (Chinese)	0.4	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	17.9	5.6	6.6	6.1	-30.2%

Top Export Markets for Shipping from Malaysia in 2022:

Singapore (3.0 units)
Australia (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shipping market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 30112130 - Cruise vessels
Prodcom 30112150 - Ferries

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023