Malaysia - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Palm Oil Price in Malaysia - 2021
Contents:
- Crude Palm Oil Price in Malaysia (FOB) - 2021
- Crude Palm Oil Price in Malaysia (CIF) - 2021
- Crude Palm Oil Exports in Malaysia
- Crude Palm Oil Imports in Malaysia
Crude Palm Oil Price in Malaysia (FOB) - 2021
The average crude palm oil export price stood at $1,177 per ton in December 2021, surging by 2.9% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +3.5%. The growth pace was the most rapid in January 2021 an increase of 12% against the previous month. The export price peaked in December 2021.
Average prices varied noticeably for the major external markets. In December 2021, the countries with the highest prices were India ($1,229 per ton) and Italy ($1,185 per ton), while the average price for exports to the Netherlands ($1,086 per ton) and Kenya ($1,089 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Palm Oil Price in Malaysia (CIF) - 2021
The average crude palm oil import price stood at $1,335 per ton in December 2021, flattening at the previous month. In general, import price indicated a moderate increase from December 2020 to December 2021: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, crude palm oil import price decreased by +0.5% against August 2021 indices. The pace of growth was the most pronounced in August 2021 an increase of 25% month-to-month. The import price peaked in December 2021.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was the Philippines ($1,348 per ton), while the price for Indonesia stood at $1,317 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Crude Palm Oil Exports in Malaysia
Crude palm oil exports from Malaysia declined slightly to 4.6M tons in 2022, shrinking by -3% compared with the previous year. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 5.4% against the previous year.
In value terms, crude palm oil exports fell dramatically to $3.9B in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, the exports attained the peak of $5B, and then declined sharply in the following year.
| Export of Crude Palm Oil in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,444 | 1,682 | 3,293 | 2,544 | 20.8% |
| Netherlands | 593 | 521 | 700 | 541 | -3.0% |
| Kenya | 154 | 267 | 678 | 524 | 50.4% |
| Italy | 283 | 167 | 121 | 116 | -25.7% |
| Spain | 344 | 102 | 35.6 | 86.6 | -36.9% |
| Pakistan | 168 | 78.0 | 41.4 | 55.6 | -30.8% |
| Singapore | 102 | 37.0 | 12.6 | 27.9 | -35.1% |
| Others | 191 | 75.1 | 70.7 | 46.9 | -37.4% |
| Total | 3,279 | 2,929 | 4,953 | 3,941 | 6.3% |
Top Export Markets for Crude Palm Oil from Malaysia in 2022:
- India (2719.0K tons)
- Netherlands (644.0K tons)
- Kenya (615.6K tons)
- Italy (208.4K tons)
- Spain (173.8K tons)
- Pakistan (109.2K tons)
- Singapore (55.8K tons)
Crude Palm Oil Imports in Malaysia
In 2022, supplies from abroad of crude palm oil was finally on the rise to reach 324K tons after two years of decline. Overall, imports, however, faced a dramatic slump.
In value terms, crude palm oil imports soared to $244M in 2022. In general, imports, however, recorded a abrupt curtailment.
| Import of Crude Palm Oil in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 418 | 272 | 82.2 | 194 | -22.6% |
| Papua New Guinea | 13.8 | 62.3 | 37.4 | 30.4 | 30.1% |
| Philippines | 10.3 | 7.0 | 14.9 | 12.1 | 5.5% |
| Cambodia | 13.0 | 1.4 | 9.3 | 7.6 | -16.4% |
| Others | 0.9 | N/A | 1.7 | N/A | 37.4% |
| Total | 456 | 343 | 145 | 244 | -18.8% |
Top Suppliers of Crude Palm Oil to Malaysia in 2022:
- Indonesia (267.0K tons)
- Papua New Guinea (35.2K tons)
- Cambodia (11.7K tons)
- Philippines (10.1K tons)
This report provides an in-depth analysis of the crude palm oil 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 257 - Oil of palm
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
- 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 VOLUME AND VALUE
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
- 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
- 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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