Malaysia - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in Malaysia - 2021
Contents:
- Dry Peas Price in Malaysia (CIF) - 2021
- Dry Peas Price in Malaysia (FOB) - 2022
- Dry Peas Imports in Malaysia
- Dry Peas Exports in Malaysia
Dry Peas Price in Malaysia (CIF) - 2021
The average dry peas import price stood at $543 per ton in December 2021, surging by 6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in November 2021 an increase of 15% against the previous month. The import price peaked in December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was New Zealand ($1,022 per ton), while the price for Canada ($461 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 Ukraine (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Peas Price in Malaysia (FOB) - 2022
The average dry peas export price stood at $948 per ton in 2022, shrinking by -21.8% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 34% against the previous year. As a result, the export price attained the peak level of $1,212 per ton, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,635 per ton), while the average price for exports to Thailand ($715 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 the United Arab Emirates (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.
Dry Peas Imports in Malaysia
In 2022, the amount of peas (dry) imported into Malaysia rose notably to 32K tons, increasing by 13% on 2021. In general, imports, however, recorded a relatively flat trend pattern.
In value terms, dry peas imports totaled $14M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 7.3%. As a result, imports reached the peak of $15M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Dry Peas in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 7.3 | 8.0 | 8.0 | 7.9 | 2.7% |
| Australia | 3.5 | 2.5 | 2.7 | 2.9 | -6.1% |
| Canada | 1.1 | 1.2 | 0.6 | 0.9 | -6.5% |
| United Kingdom | 0.9 | 0.6 | 0.9 | 0.9 | 0.0% |
| Russia | 0.3 | 0.3 | 0.5 | 0.5 | 18.6% |
| Others | 1.0 | 2.4 | 1.2 | 1.4 | 11.9% |
| Total | 14.1 | 15.1 | 13.8 | 14.5 | 0.9% |
Top Suppliers of Dry Peas to Malaysia in 2022:
- Ukraine (19.7K tons)
- Australia (6.0K tons)
- Canada (1.7K tons)
- United Kingdom (1.5K tons)
- Russia (1.2K tons)
Dry Peas Exports in Malaysia
In 2022, dry peas exports from Malaysia soared to 74 tons, jumping by 258% compared with the year before. In general, exports, however, showed a perceptible decline.
In value terms, dry peas exports skyrocketed to $70K in 2022. Overall, exports, however, continue to indicate a deep contraction.
| Export of Dry Peas in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 26.9 | 12.7 | 10.2 | 27.9 | 1.2% |
| Thailand | 31.7 | N/A | 7.9 | 21.8 | -11.7% |
| Singapore | 15.2 | 35.5 | 3.0 | 13.6 | -3.6% |
| Hong Kong SAR | 8.5 | 10.1 | 2.3 | 6.2 | -10.0% |
| Vietnam | N/A | 18.3 | N/A | N/A | 0% |
| Brunei Darussalam | 2.3 | 24.6 | N/A | N/A | 969.6% |
| Taiwan (Chinese) | N/A | 7.4 | N/A | N/A | 0% |
| Others | 1.4 | 6.5 | 1.7 | 0.7 | -20.6% |
| Total | 85.9 | 115 | 25.1 | 70.2 | -6.5% |
Top Export Markets for Dry Peas from Malaysia in 2022:
- Thailand (30.5 tons)
- United Arab Emirates (21.3 tons)
- Singapore (17.8 tons)
- Hong Kong SAR (3.8 tons)
This report provides an in-depth analysis of the dry 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 187 - 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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Global dry peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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