Malaysia - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlmond Price in Malaysia - 2021
Contents:
- Almond Price in Malaysia (CIF) - 2022
- Almond Price in Malaysia (FOB) - 2022
- Almond Imports in Malaysia
- Almond Exports in Malaysia
Almond Price in Malaysia (CIF) - 2022
The average almond import price stood at $5,235 per ton in 2022, surging by 14% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2015 an increase of 53% against the previous year. The import price peaked at $6,709 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($5,515 per ton), while the price for Spain ($3,191 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Almond Price in Malaysia (FOB) - 2022
In 2022, the average almond export price amounted to $7,466 per ton, jumping by 26% against the previous year. Overall, the export price posted prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices reached the maximum at $9,425 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($29,846 per ton), while the average price for exports to Thailand ($2,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+148.0%), while the prices for the other major destinations experienced more modest paces of growth.
Almond Imports in Malaysia
After three years of growth, overseas purchases of almonds decreased by -37.6% to 45 tons in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 116%. As a result, imports attained the peak of 73 tons, and then contracted notably in the following year.
In value terms, almond imports dropped notably to $237K in 2022. In general, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 71%. As a result, imports reached the peak of $333K, and then reduced sharply in the following year.
| Import of Almond in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 56.3 | 55.2 | 234 | 194 | 51.0% |
| Vietnam | N/A | 15.2 | 47.5 | 20.1 | 15.0% |
| China | 1.0 | 1.5 | 40.2 | 16.3 | 153.5% |
| Spain | N/A | 0.6 | 5.6 | 5.2 | 194.4% |
| Hong Kong SAR | 88.9 | N/A | 0.1 | 1.1 | -76.9% |
| Canada | N/A | 121 | N/A | N/A | 0% |
| Others | 2.0 | 0.2 | 5.7 | 0.4 | -41.5% |
| Total | 148 | 194 | 333 | 237 | 17.0% |
Top Suppliers of Almond to Malaysia in 2022:
- United States (35.7 tons)
- Vietnam (4.0 tons)
- China (3.8 tons)
- Spain (1.6 tons)
- Hong Kong SAR (0.2 tons)
Almond Exports in Malaysia
In 2022, exports of almonds from Malaysia fell significantly to 590 kg, waning by -91.4% against the previous year. Over the period under review, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports attained the peak of 6.8 tons, and then contracted sharply in the following year.
In value terms, almond exports reduced sharply to $4.4K in 2022. In general, exports faced a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of $40K, and then shrank dramatically in the following year.
| Export of Almond in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.9 | 0.2 | 15.6 | 3.9 | 63.0% |
| Vietnam | N/A | 23.0 | N/A | 0.4 | -86.8% |
| Indonesia | 0.2 | 2.9 | 22.1 | 0.1 | -20.6% |
| China | 36.3 | N/A | N/A | N/A | 0% |
| Brunei Darussalam | N/A | 0.1 | 2.7 | N/A | 2600.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 37.3 | 26.2 | 40.4 | 4.4 | -51.0% |
Top Export Markets for Almond from Malaysia in 2022:
- Singapore (553.0 kg)
- Indonesia (23.0 kg)
- Vietnam (13.0 kg)
This report provides an in-depth analysis of the almond 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:
- FCL 221 - Almonds
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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