Malaysia - Chicken Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChicken Meat Price in Malaysia - 2021
Contents:
- Chicken Meat Price in Malaysia (CIF) - 2021
- Chicken Meat Price in Malaysia (FOB) - 2021
- Chicken Meat Imports in Malaysia
- Chicken Meat Exports in Malaysia
Chicken Meat Price in Malaysia (CIF) - 2021
In December 2021, the average chicken meat import price amounted to $1,891 per ton, falling by -3.5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2021 an increase of 5.4% m-o-m. As a result, import price attained the peak level of $2,111 per ton. From March 2021 to December 2021, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the country with the highest price was China ($2,480 per ton), while the price for Thailand ($1,801 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Brazil (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Chicken Meat Price in Malaysia (FOB) - 2021
In December 2021, the average chicken meat export price amounted to $913 per ton, dropping by -23.6% against the previous month. Over the period under review, the export price recorded a slight decrease. The growth pace was the most rapid in April 2021 an increase of 16% month-to-month. The export price peaked at $1,194 per ton in November 2021, and then contracted notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($4,451 per ton), while the average price for exports to Thailand ($731 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+65.6%), while the prices for the other major destinations experienced mixed trend patterns.
Chicken Meat Imports in Malaysia
In 2022, after two years of decline, there was significant growth in purchases abroad of chicken meat, when their volume increased by 76% to 177K tons. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chicken meat imports soared to $361M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chicken Meat in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 129 | 132 | 130 | 270 | 27.9% |
| China | 44.0 | 46.8 | 40.7 | 64.0 | 13.3% |
| Brazil | 24.1 | 20.0 | 9.2 | 16.3 | -12.2% |
| Denmark | 2.4 | 3.3 | 1.8 | 5.7 | 33.4% |
| Hong Kong SAR | N/A | 0.3 | 1.7 | 2.9 | 210.9% |
| Others | 5.9 | 6.2 | 7.3 | 2.5 | -24.9% |
| Total | 206 | 209 | 191 | 361 | 20.6% |
Top Suppliers of Chicken Meat to Malaysia in 2022:
- Thailand (132.7K tons)
- China (24.7K tons)
- Brazil (9.0K tons)
- Hong Kong SAR (3.9K tons)
- Denmark (3.0K tons)
Chicken Meat Exports in Malaysia
In 2022, approx. 13K tons of chicken meat were exported from Malaysia; increasing by 3% against 2021 figures. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. As a result, the exports reached the peak of 13K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, chicken meat exports surged to $17M in 2022. The total export value increased at an average annual rate of +11.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chicken Meat in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2.2 | 3.3 | 1.1 | 8.6 | 57.5% |
| Thailand | 5.2 | 6.3 | 7.2 | 5.1 | -0.6% |
| Timor-Leste | 0.2 | 0.5 | 1.7 | 1.9 | 111.8% |
| Brunei Darussalam | 3.6 | 0.6 | 0.6 | 0.4 | -51.9% |
| Philippines | N/A | N/A | N/A | 0.3 | 0% |
| Cabo Verde | N/A | 3.1 | N/A | N/A | 0% |
| Others | 1.0 | 1.3 | 1.8 | 0.5 | -20.6% |
| Total | 12.2 | 15.1 | 12.3 | 16.9 | 11.5% |
Top Export Markets for Chicken Meat from Malaysia in 2022:
- Thailand (6.9K tons)
- Singapore (3.4K tons)
- Timor-Leste (2.0K tons)
- Philippines (0.2K tons)
- Brunei Darussalam (0.1K tons)
This report provides an in-depth analysis of the chicken meat 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 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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