In 2021, after three years of growth, there was significant decline in the Malaysian market for pulley tackle and hoists powered by an electric motor, when its value decreased by -X% to $X. Overall, consumption recorded a slight decline. Consumption of peaked at $X in 2020, and then declined notably in the following year.
In value terms, production of pulley tackle and hoists powered by an electric motor fell to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Production of peaked at $X in 2020, and then fell in the following year.
In 2021, La malaisie exported about X units of pulley tackle and hoists driven by electric motors; an increase of X% over the previous year. Overall, exports have grown significantly. During the period under review, export volumes peaked at Unit X in 2016; however, from 2017 to 2021, export figures were slightly lower.
Exports of electric motor-driven pulley tackle and hoists to soar to $X in 2021 in value terms. Exports grew strongly during the reporting period. The most prominent growth rate was 2014, when exports increased by X% compared to the previous year. Exports peaked at $X in 2016; however, from 2017 to 2021, export figures are slightly lower.
Le Émirats Arabes Unis (Unit X), Singapour (Unit X) and Ghana (Unit X) are the main destinations for Malaysia's electric pulleys and lifts exports, together accounting for X% of the total exports.
From 2012 to 2021, among the main destination countries, the most significant growth rate of shipments is Ghana (+X% CAGR), while the growth rate of other leaders is more moderate.
The United Arab Emirates ($X), Singapore ($X) and China ($X) are the largest markets for global electric motor driven pulley tackle and cranes exported from Malaysia by value, together accounting for X% of total exports. These countries are followed by Sri Lanka, Hong Kong SAR, Ghana and Oman, which together account for X times and grow at a CAGR of +X%, with the highest export value growth rate among the top destination countries during the review period, while the others Shipment growth in major countries was slower.
Malaysia's imports of Electric Motor Driven Pulley Tackle and Lifts will shrink significantly to Unit X in 2021, a -X% drop compared to 2020. Overall, imports continued to show signs of sudden cuts. The most prominent growth rate was 2013, which was an increase of X% over the previous year. During the period under review, imports peaked at Unit X in 2016; however, imports failed to regain momentum from 2017 to 2021.
In value terms, imports of electric motor driven pulley tackle and hoists plummeted to $X in 2021. In general, imports have decreased significantly. The most prominent growth rate was 2013, which was an increase of X% over the previous year. Imports peaked at $X in 2014; however, imports remained at lower figures from 2015 to 2021.
In 2021, China (X units) is the largest pulley spreader and hoist in Malaysia, accounting for X% of total imports. In addition, imports of electric motor-driven pulley tackle and hoists from China were three times higher than the number of the next largest supplier, Allemagne (Taiwan X). Taiwan (China) (X units) ranks third in terms of total imports, accounting for X%.
From 2012 to 2021, the average annual growth rate of sales volume in China is +X%. The average annual growth rate of imports of the remaining suppliers is as follows: Germany (-X% per annum) and Taiwan (China) (-X% per annum).
By value, the largest pulley tackle and lifts powered by Malaysian suppliers of electric motors are China ($X), Germany ($X) and Japon ($X), together accounting for X% of total imports.
China recorded the highest import value growth rate among major suppliers at a CAGR of +X% during the period under review, while purchases by other leaders declined.
In value terms, China, Germany and Japan constituted the largest pulley tackle and hoists powered by an electric motor suppliers to Malaysia, together comprising 86% of total imports.
In value terms, the United Arab Emirates, Singapore and China appeared to be the largest markets for pulley tackle and hoists powered by an electric motor exported from Malaysia worldwide, together comprising 64% of total exports. These countries were followed by Sri Lanka, Hong Kong SAR, Ghana and Oman, which together accounted for a further 13%.
The average export price for pulley tackle and hoists powered by an electric motor stood at $823 per unit in 2021, approximately reflecting the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $1,946 per unit, growing by 44% against the previous year.
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