Malaysia - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCow Peas Price in Malaysia - 2023
Contents:
- Cow Peas Price in Malaysia (CIF) - 2022
- Cow Peas Price in Malaysia (FOB) - 2022
- Cow Peas Imports in Malaysia
- Cow Peas Exports in Malaysia
Cow Peas Price in Malaysia (CIF) - 2022
In 2022, the average cow peas import price amounted to $1,246 per ton, picking up by 18% against the previous year. Overall, the import price continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 38%. As a result, import price attained the peak level of $1,272 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,268 per ton), while the price for Myanmar ($1,002 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cow Peas Price in Malaysia (FOB) - 2022
The average cow peas export price stood at $2,089 per ton in 2022, surging by 34% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. Over the period under review, the average export prices hit record highs at $4,763 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($2,280 per ton), while the average price for exports to Singapore stood at $2,026 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+28.5%), while the prices for the other major destinations experienced mixed trend patterns.
Cow Peas Imports in Malaysia
In 2022, imports of cow peas (dry) into Malaysia dropped notably to 460 tons, waning by -77.3% compared with the year before. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 654% against the previous year. As a result, imports reached the peak of 2K tons, and then shrank remarkably in the following year.
In value terms, cow peas imports reduced markedly to $574K in 2022. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 630%. As a result, imports attained the peak of $2.1M, and then declined markedly in the following year.
| Import of Cow Peas in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 7.8 | N/A | N/A | 299 | 237.2% |
| India | 6.1 | 8.7 | 256 | 86.9 | 142.4% |
| Madagascar | 27.6 | 154 | 439 | 76.5 | 40.5% |
| United States | 112 | 39.1 | 352 | 34.7 | -32.3% |
| Peru | 461 | 44.8 | 639 | 33.9 | -58.1% |
| Brazil | N/A | N/A | N/A | 33.5 | 0% |
| Russia | N/A | N/A | 355 | N/A | 0% |
| Indonesia | N/A | N/A | 63.2 | N/A | 0% |
| Ukraine | 38.9 | N/A | N/A | N/A | 0% |
| Others | 31.6 | 46.5 | 29.9 | 8.7 | -34.9% |
| Total | 685 | 293 | 2,136 | 574 | -5.7% |
Top Suppliers of Cow Peas to Malaysia in 2022:
- Myanmar (298.6 tons)
- Madagascar (70.0 tons)
- Brazil (24.0 tons)
- Peru (23.0 tons)
- India (20.4 tons)
- United States (18.1 tons)
Cow Peas Exports in Malaysia
In 2022, shipments abroad of cow peas (dry) decreased by -98.1% to 305 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 8,736% against the previous year. As a result, the exports attained the peak of 39 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cow peas exports contracted remarkably to $637 in 2022. In general, exports showed a precipitous decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 2,486%. As a result, the exports reached the peak of $47K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cow Peas in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.8 | 4.8 | 2.1 | 0.5 | -34.8% |
| Indonesia | N/A | 0.3 | 2.6 | 0.2 | -18.4% |
| Hong Kong SAR | N/A | 42.4 | 17.8 | N/A | -58.0% |
| Brunei Darussalam | N/A | N/A | 2.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | 47.4 | 24.9 | 0.6 | -30.7% |
Top Export Markets for Cow Peas from Malaysia in 2022:
- Singapore (230.0 kg)
- Indonesia (75.0 kg)
This report provides an in-depth analysis of the cow peas 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 195 - Cow peas, dry
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
-
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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