Goats; Live Price in Malaysia - 2024

Contents:

1. Goats; Live Price in Malaysia (CIF) - 2022
2. Goats; Live Price in Malaysia (FOB) - 2022
3. Goats; Live Imports in Malaysia
4. Goats; Live Exports in Malaysia

Goats; Live Price in Malaysia (CIF) - 2022

In 2022, the average goats; live import price amounted to $218 per unit, which is down by -7.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the peak figure at $307 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($238 per unit), while the price for Indonesia stood at $75 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.4%).

Goats; Live Price in Malaysia (FOB) - 2022

The average goats; live export price stood at $173 per unit in 2021, with a decrease of -27.1% against the previous year. In general, the export price, however, posted mild growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 39%. Over the period under review, the average export prices reached the peak figure at $413 per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brunei Darussalam.

From 2012 to 2021, the rate of growth in terms of prices for Brunei Darussalam amounted to -1.2% per year.

Goats; Live Imports in Malaysia

In 2022, the amount of goats; lives imported into Malaysia contracted markedly to 3.5K units, shrinking by -64.1% against 2021 figures. In general, imports recorded a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 130% against the previous year. Imports peaked at 10K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, goats; live imports declined markedly to $762K in 2022. Over the period under review, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 240%. Imports peaked at $2.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Goats; Live to Malaysia in 2022:

1. Australia (3.1K units)
2. Indonesia (0.4K units)

Goats; Live Exports in Malaysia

After two years of growth, shipments abroad of goats; lives decreased by -41.4% to 160 units in 2021. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 469%. As a result, the exports reached the peak of 273 units, and then shrank significantly in the following year.

In value terms, goats; live exports declined remarkably to $28K in 2021. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 348%. As a result, the exports reached the peak of $65K, and then fell sharply in the following year.

Top Export Markets for Goats; Live from Malaysia in 2022:

1. Brunei Darussalam (160.0 units)

Source: IndexBox Market Intelligence Platform