Cereals; Barley, Seed Price in Malaysia - 2021
Contents:
- Cereals; Barley, Seed Price in Malaysia (CIF) - 2022
- Cereals; Barley, Seed Price in Malaysia (FOB) - 2022
- Cereals; Barley, Seed Imports in Malaysia
- Cereals; Barley, Seed Exports in Malaysia
Cereals; Barley, Seed Price in Malaysia (CIF) - 2022
The average cereals; barley, seed import price stood at $273 per ton in 2022, rising by 2.3% against the previous year. Overall, the import price, however, continues to indicate a slight descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 3.9% against the previous year. As a result, import price attained the peak level of $376 per ton. From 2019 to 2022, the average 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 China ($985 per ton), while the price for Australia ($151 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Cereals; Barley, Seed Price in Malaysia (FOB) - 2022
The average cereals; barley, seed export price stood at $1,176 per ton in 2022, dropping by -16.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 136%. The export price peaked at $3,246 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($4,228 per ton), while the average price for exports to Singapore ($803 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 New Zealand (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.
Cereals; Barley, Seed Imports in Malaysia
Cereals; barley, seed imports into Malaysia soared to 62 tons in 2022, growing by 17% on the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 66%. As a result, imports reached the peak of 75 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; barley, seed imports skyrocketed to $17K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of $20K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Barley, Seed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 8.7 | 12.3 | 4.6 | 7.8 | -3.6% |
| Ukraine | 0.6 | 1.5 | 4.2 | 3.6 | 81.7% |
| China | 0.4 | 1.7 | 4.2 | 3.6 | 108.0% |
| Australia | 2.6 | 3.3 | 0.8 | 1.5 | -16.8% |
| Others | 0.3 | 1.0 | 0.4 | 0.4 | 10.1% |
| Total | 12.7 | 19.7 | 14.2 | 16.9 | 10.0% |
Top Suppliers of Cereals; Barley, Seed to Malaysia in 2022:
- Netherlands (30.9 tons)
- Ukraine (16.7 tons)
- Australia (9.9 tons)
- China (3.7 tons)
Cereals; Barley, Seed Exports in Malaysia
After three years of growth, overseas shipments of cereals; barley, seeds decreased by -13.9% to 6.1 tons in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 176%.
In value terms, cereals; barley, seed exports declined dramatically to $7.2K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 145% against the previous year.
| Export of Cereals; Barley, Seed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.0 | 2.5 | 5.9 | 4.3 | 62.6% |
| Maldives | 0.7 | 1.7 | 3.8 | 2.7 | 56.8% |
| New Zealand | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | 4.3 | 10.0 | 7.2 | 58.7% |
Top Export Markets for Cereals; Barley, Seed from Malaysia in 2022:
- Singapore (5.3 tons)
- Maldives (0.6 tons)
- New Zealand (0.1 tons)
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