Malaysia - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Malaysia - 2021
Contents:
- Maize Starch Price in Malaysia (CIF) - 2021
- Maize Starch Price in Malaysia (FOB) - 2022
- Maize Starch Imports in Malaysia
- Maize Starch Exports in Malaysia
Maize Starch Price in Malaysia (CIF) - 2021
The average maize starch import price stood at $432 per ton in December 2021, with an increase of 2.4% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in May 2021 an increase of 6.7% month-to-month. The import price peaked in December 2021.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the country with the highest price was China ($564 per ton), while the price for India ($417 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 (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize Starch Price in Malaysia (FOB) - 2022
In 2022, the average maize starch export price amounted to $676 per ton, with a decrease of -5.1% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 23%. The export price peaked at $820 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($1,558 per ton), while the average price for exports to Indonesia ($512 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 Indonesia (+4.3%), while the prices for the other major destinations experienced a decline.
Maize Starch Imports in Malaysia
In 2022, purchases abroad of maize (corn) starch decreased by less than 0.1% to 247K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 25%.
In value terms, maize starch imports shrank slightly to $92M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 19% against the previous year.
| Import of Maize Starch in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.0 | 20.0 | 72.7 | 53.1 | 106.8% |
| China | 51.9 | 50.0 | 5.4 | 25.5 | -21.1% |
| South Korea | 9.2 | 8.3 | 9.2 | 6.7 | -10.0% |
| Ukraine | 1.8 | 2.0 | 1.9 | 1.4 | -8.0% |
| Others | 5.6 | 8.2 | 7.0 | 5.6 | 0.0% |
| Total | 74.6 | 88.4 | 96.3 | 92.3 | 7.4% |
Top Suppliers of Maize Starch to Malaysia in 2022:
- India (143.6K tons)
- China (72.0K tons)
- South Korea (14.8K tons)
- Ukraine (3.9K tons)
Maize Starch Exports in Malaysia
In 2022, shipments abroad of maize (corn) starch was finally on the rise to reach 483 tons after two years of decline. Overall, exports, however, faced a precipitous slump.
In value terms, maize starch exports soared to $326K in 2022. Over the period under review, exports, however, showed a dramatic setback.
| Export of Maize Starch in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 409 | 153 | 68.7 | 122 | -33.2% |
| Singapore | 110 | 177 | 193 | 109 | -0.3% |
| Thailand | 426 | 9.4 | 3.0 | 85.6 | -41.4% |
| Others | 84.9 | 30.2 | 18.5 | 9.6 | -51.6% |
| Total | 1,030 | 369 | 284 | 326 | -31.9% |
Top Export Markets for Maize Starch from Malaysia in 2022:
- Indonesia (239.4 tons)
- Singapore (175.0 tons)
- Thailand (54.9 tons)
This report provides an in-depth analysis of the maize starch 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 10621113 - Maize (corn) starch
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
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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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