Malaysia - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fruit Price in Malaysia - 2021
Contents:
- Frozen Fruit Price in Malaysia (FOB) - 2021
- Frozen Fruit Price in Malaysia (CIF) - 2021
- Frozen Fruit Exports in Malaysia
- Frozen Fruit Imports in Malaysia
Frozen Fruit Price in Malaysia (FOB) - 2021
In December 2021, the average frozen fruit export price amounted to $11,581 per ton, reducing by -11.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2021 when the average export price increased by 23% against the previous month. Over the period under review, the average export prices attained the peak figure at $13,061 per ton in November 2021, and then shrank in the following month.
There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was Australia ($21,911 per ton), while the average price for exports to Singapore ($2,638 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 Australia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fruit Price in Malaysia (CIF) - 2021
The average frozen fruit import price stood at $2,321 per ton in December 2021, falling by -17.6% against the previous month. Overall, import price indicated a noticeable expansion from December 2020 to December 2021: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, frozen fruit import price decreased by -20.4% against September 2021 indices. The pace of growth appeared the most rapid in January 2021 an increase of 95% m-o-m. The import price peaked at $2,918 per ton in September 2021; however, from October 2021 to December 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Thailand ($3,378 per ton), while the price for the Philippines ($1,067 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 Algeria (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fruit Exports in Malaysia
In 2022, overseas shipments of frozen fruits decreased by -3.9% to 40K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports reached the peak of 42K tons, and then contracted slightly in the following year.
In value terms, frozen fruit exports shrank modestly to $227M in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, the exports attained the peak of $234M, and then dropped slightly in the following year.
| Export of Frozen Fruit in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 65.1 | 95.3 | 195 | 201 | 45.6% |
| United States | 2.6 | 6.5 | 11.6 | 7.5 | 42.4% |
| Australia | 3.8 | 7.2 | 12.9 | 5.8 | 15.1% |
| Others | 10.3 | 10.4 | 14.2 | 12.1 | 5.5% |
| Total | 81.8 | 119 | 234 | 227 | 40.5% |
Top Export Markets for Frozen Fruit from Malaysia in 2022:
- China (36.7K tons)
- United States (0.9K tons)
- Australia (0.8K tons)
Frozen Fruit Imports in Malaysia
Frozen fruit imports into Malaysia surged to 4.4K tons in 2022, rising by 18% against the previous year's figure. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, frozen fruit imports surged to $9.8M in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 47%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Frozen Fruit in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,350 | 1,415 | 2,219 | 3,189 | 33.2% |
| Thailand | 640 | 523 | 974 | 1,422 | 30.5% |
| Indonesia | 802 | 1,408 | 1,688 | 1,052 | 9.5% |
| Egypt | 63.5 | 33.8 | 505 | 996 | 150.3% |
| Vietnam | 383 | 292 | 357 | 763 | 25.8% |
| Canada | 197 | 167 | 321 | 357 | 21.9% |
| Tunisia | N/A | N/A | 42.1 | 287 | 581.7% |
| Italy | 168 | 391 | 254 | 107 | -14.0% |
| Philippines | 382 | 70.9 | 287 | 24.0 | -60.2% |
| Others | 1,359 | 1,422 | 1,764 | 1,561 | 4.7% |
| Total | 5,345 | 5,722 | 8,412 | 9,757 | 22.2% |
Top Suppliers of Frozen Fruit to Malaysia in 2022:
- China (1454.5 tons)
- Egypt (944.3 tons)
- Vietnam (568.7 tons)
- Thailand (477.6 tons)
- Indonesia (357.3 tons)
- Tunisia (144.7 tons)
- Canada (93.9 tons)
- Italy (27.2 tons)
- Philippines (12.7 tons)
This report provides an in-depth analysis of the frozen fruit 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:
- Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
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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