Malaysia - Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMilk Price in Malaysia - 2021
Contents:
- Milk Price in Malaysia (CIF) - 2022
- Milk Price in Malaysia (FOB) - 2022
- Milk Imports in Malaysia
- Milk Exports in Malaysia
Milk Price in Malaysia (CIF) - 2022
In 2022, the average milk import price amounted to $847 per ton, surging by 5.3% against the previous year. In general, the import price, however, saw a slight slump. The growth pace was the most rapid in 2017 when the average import price increased by 11% against the previous year. Over the period under review, average import prices reached the peak figure at $1,035 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($947 per ton) and Germany ($872 per ton), while the price for Indonesia ($729 per ton) and Australia ($789 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Milk Price in Malaysia (FOB) - 2022
The average milk export price stood at $1,119 per ton in 2022, picking up by 19% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $1,411 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Thailand ($2,216 per ton), while the average price for exports to Singapore ($1,021 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 Brunei Darussalam (-1.2%), while the prices for the other major destinations experienced a decline.
Milk Imports in Malaysia
In 2022, milk imports into Malaysia stood at 35K tons, rising by 11% on 2021. The total import volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, milk imports soared to $29M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 22%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Milk in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 14.1 | 15.5 | 17.5 | 17.2 | 6.8% |
| New Zealand | 1.8 | 3.3 | 5.5 | 9.4 | 73.5% |
| Germany | 0.2 | 0.4 | 0.4 | 1.0 | 71.0% |
| Others | 2.2 | 3.1 | 1.9 | 1.9 | -4.8% |
| Total | 18.3 | 22.4 | 25.3 | 29.5 | 17.3% |
Top Suppliers of Milk to Malaysia in 2022:
- Australia (21.8K tons)
- New Zealand (10.0K tons)
- Germany (1.1K tons)
Milk Exports in Malaysia
For the fourth year in a row, Malaysia recorded growth in shipments abroad of milk, which increased by 10% to 14K tons in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 125%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, milk exports surged to $15M in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 138% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Milk in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.8 | 5.3 | 8.4 | 10.8 | 81.7% |
| Brunei Darussalam | 1.1 | 2.2 | 1.9 | 1.9 | 20.0% |
| Thailand | N/A | 0.3 | N/A | 1.7 | 138.0% |
| Maldives | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Myanmar | 0.3 | 0.2 | 0.2 | N/A | -18.4% |
| Others | 1.0 | 2.2 | 0.9 | 0.8 | -7.2% |
| Total | 4.3 | 10.3 | 11.8 | 15.4 | 53.0% |
Top Export Markets for Milk from Malaysia in 2022:
- Myanmar (undefinedK tons)
- Singapore (10.5K tons)
- Brunei Darussalam (1.8K tons)
- Thailand (0.8K tons)
- Maldives (0.2K tons)
This report provides an in-depth analysis of the milk 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 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 888 - Skim Milk of Cows
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
- 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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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
951
This report provides an in-depth analysis of the milk market in Malaysia.
463
This report provides an in-depth analysis of the skim milk market in Malaysia.
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1724
This report provides an in-depth analysis of the whole fresh milk market in Malaysia.
3781
This report provides an in-depth analysis of the global milk market.
559
This report provides an in-depth analysis of the global skim milk market.
563
This report provides an in-depth analysis of the global cream fresh market.
1076
This report provides an in-depth analysis of the global whole fresh milk market.
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This report provides an in-depth analysis of the milk market in Malaysia.
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Explore the top import markets for milk based on the data provided by the IndexBox platform. Discover the countries with the highest import values for milk in 2022.
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From the shift towards plant-based alternatives to the growing demand for organic and sustainable milk products, the milk market is undergoing significant changes.
568
The global milk market reduced to $778.1B in 2021, remaining constant against the previous year.
1373
Driven by increasing demand worldwide, the milk market is forecast to expand with an anticipated CAGR of +1.7% for the period from 2020 to 2030, which is projected to bring the market volume to 1.2B tons by the end of 2030.
1385
Germany dominated in the global milk trade in 2014. In 2014, Germany exported X thousand tons of milk totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total milk exports in
2165
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The global whole fresh milk market is estimated at $798.4B in 2018, an increase of 1.7% from 2017.
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Global cream fresh consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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Global cream fresh imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
