Malaysia - Inedible Fish Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInedible Fish Products Price in Malaysia - 2021
Contents:
- Inedible Fish Products Price in Malaysia (CIF) - 2021
- Inedible Fish Products Price in Malaysia (FOB) - 2022
- Inedible Fish Products Imports in Malaysia
- Inedible Fish Products Exports in Malaysia
Inedible Fish Products Price in Malaysia (CIF) - 2021
The average inedible fish products import price stood at $2,252 per ton in December 2021, reducing by -66.2% against the previous month. In general, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 2,776% against the previous month. As a result, import price reached the peak level of $46,390 per ton. From October 2021 to December 2021, the average import prices remained at a somewhat 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 China ($59,355 per ton), while the price for South Korea ($739 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 China (+20.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Inedible Fish Products Price in Malaysia (FOB) - 2022
The average inedible fish products export price stood at $686 per ton in 2022, declining by -17.2% against the previous year. Overall, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2013 when the average export price increased by 60%. Over the period under review, the average export prices hit record highs at $3,183 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3,186 per ton), while the average price for exports to Thailand ($306 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 Australia (-0.8%), while the prices for the other major destinations experienced a decline.
Inedible Fish Products Imports in Malaysia
In 2022, imports of inedible fish products into Malaysia shrank modestly to 432 tons, approximately reflecting the previous year. Overall, imports continue to indicate a noticeable setback.
In value terms, inedible fish products imports shrank modestly to $1.8M in 2022. The total import value increased at an average annual rate of +12.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 37% against the previous year.
| Import of Inedible Fish Products in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | 517 | 558 | 496 | 604 | 5.3% |
| China | 98.1 | 246 | 603 | 516 | 73.9% |
| Denmark | 71.9 | 80.8 | 123 | 113 | 16.3% |
| New Zealand | 84.2 | 91.6 | 87.6 | 66.3 | -7.7% |
| South Korea | 91.0 | 64.4 | 64.5 | 64.6 | -10.8% |
| Vietnam | 20.8 | 46.4 | 39.4 | 31.2 | 14.5% |
| India | 8.8 | 8.4 | 11.2 | 8.6 | -0.8% |
| Others | 367 | 630 | 425 | 385 | 1.6% |
| Total | 1,259 | 1,726 | 1,850 | 1,788 | 12.4% |
Top Suppliers of Inedible Fish Products to Malaysia in 2022:
- Mauritius (196.9 tons)
- South Korea (79.5 tons)
- Denmark (53.0 tons)
- New Zealand (37.4 tons)
- China (26.7 tons)
- India (8.9 tons)
- Vietnam (6.6 tons)
Inedible Fish Products Exports in Malaysia
After two years of decline, overseas shipments of inedible fish products increased by 27% to 1.1K tons in 2022. In general, exports, however, showed a perceptible descent.
In value terms, inedible fish products exports expanded notably to $727K in 2022. Overall, exports, however, continue to indicate a pronounced decline.
| Export of Inedible Fish Products in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 130 | 147 | 184 | 241 | 22.8% |
| Thailand | 382 | 296 | 105 | 233 | -15.2% |
| Japan | 110 | 112 | 85.1 | 55.8 | -20.2% |
| Australia | 58.9 | 11.0 | 2.3 | 22.9 | -27.0% |
| Myanmar | 7.1 | 11.0 | 16.1 | 12.6 | 21.1% |
| Singapore | 63.6 | 77.9 | 92.4 | 7.4 | -51.2% |
| Others | 61.1 | 110 | 205 | 155 | 36.4% |
| Total | 813 | 765 | 690 | 727 | -3.7% |
Top Export Markets for Inedible Fish Products from Malaysia in 2022:
- Thailand (760.6 tons)
- New Zealand (216.7 tons)
- Australia (18.9 tons)
- Japan (17.5 tons)
- Singapore (15.9 tons)
- Myanmar (13.4 tons)
This report provides an in-depth analysis of the inedible fish products 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 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)
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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