Malaysia - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMolluscs Price in Malaysia - 2021
Contents:
- Molluscs Price in Malaysia (CIF) - 2021
- Molluscs Price in Malaysia (FOB) - 2022
- Molluscs Imports in Malaysia
- Molluscs Exports in Malaysia
Molluscs Price in Malaysia (CIF) - 2021
The average molluscs import price stood at $3,509 per ton in December 2021, reducing by -7.4% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2021 an increase of 29% month-to-month. The import price peaked at $4,009 per ton in October 2021; however, from November 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($7,964 per ton), while the price for Cote d'Ivoire ($1,622 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 Iran (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Molluscs Price in Malaysia (FOB) - 2022
In 2022, the average molluscs export price amounted to $3,690 per ton, growing by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2021 an increase of 19% against the previous year. The export price peaked at $3,807 per ton in 2017; however, from 2018 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 Indonesia ($18,405 per ton), while the average price for exports to China ($2,760 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 (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.
Molluscs Imports in Malaysia
In 2022, imports of molluscs (scallops, mussels, cuttle fish, squid and octopus) into Malaysia soared to 56K tons, growing by 21% compared with 2021 figures. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, molluscs imports surged to $204M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Molluscs in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.1 | 39.7 | 56.3 | 72.0 | 14.4% |
| India | 13.8 | 14.0 | 28.3 | 34.2 | 35.3% |
| Oman | 5.1 | 5.4 | 15.4 | 21.8 | 62.3% |
| Vietnam | 10.4 | 11.6 | 14.0 | 15.5 | 14.2% |
| Iran | 0.1 | 3.2 | 7.3 | 13.8 | 416.8% |
| Yemen | 2.3 | 5.4 | 8.2 | 9.1 | 58.2% |
| Indonesia | 5.1 | 5.4 | 5.9 | 8.7 | 19.5% |
| Singapore | 0.6 | 0.6 | 0.7 | 2.5 | 60.9% |
| Pakistan | 1.8 | 1.6 | 3.4 | 2.1 | 5.3% |
| Netherlands | 0.8 | 1.4 | 0.6 | 0.5 | -14.5% |
| Others | 17.3 | 20.1 | 23.8 | 24.2 | 11.8% |
| Total | 105 | 108 | 164 | 204 | 24.8% |
Top Suppliers of Molluscs to Malaysia in 2022:
- China (26.9K tons)
- India (8.1K tons)
- Oman (5.2K tons)
- Iran (3.1K tons)
- Yemen (2.4K tons)
- Vietnam (1.9K tons)
- Indonesia (1.7K tons)
- Singapore (0.9K tons)
- Pakistan (0.6K tons)
- Netherlands (0.5K tons)
Molluscs Exports in Malaysia
For the fourth year in a row, Malaysia recorded growth in overseas shipments of molluscs (scallops, mussels, cuttle fish, squid and octopus), which increased by 7.2% to 34K tons in 2022. The total export volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, molluscs exports surged to $127M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Molluscs in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.6 | 49.8 | 45.8 | 56.4 | 4.4% |
| Turkey | N/A | 1.8 | 19.4 | 31.5 | 318.3% |
| South Korea | 6.8 | 7.4 | 9.1 | 7.1 | 1.4% |
| Singapore | 3.8 | 4.1 | 4.5 | 5.5 | 13.1% |
| Japan | 5.4 | 4.1 | 4.2 | 5.2 | -1.3% |
| Hong Kong SAR | 0.2 | 0.6 | 1.3 | 5.2 | 196.2% |
| Thailand | 3.5 | 3.6 | 3.7 | 3.6 | 0.9% |
| United States | 3.6 | 2.7 | 3.9 | 3.3 | -2.9% |
| Vietnam | 2.0 | 1.2 | 2.7 | 2.6 | 9.1% |
| Taiwan (Chinese) | 3.0 | 3.0 | 3.3 | 2.0 | -12.6% |
| Others | 5.0 | 3.7 | 3.4 | 4.7 | -2.0% |
| Total | 82.8 | 81.9 | 101 | 127 | 15.3% |
Top Export Markets for Molluscs from Malaysia in 2022:
- China (20.4K tons)
- Turkey (5.4K tons)
- Hong Kong SAR (1.8K tons)
- Singapore (1.4K tons)
- South Korea (1.1K tons)
- Thailand (1.0K tons)
- Vietnam (0.7K tons)
- Taiwan (Chinese) (0.6K tons)
- Japan (0.6K tons)
- United States (0.5K tons)
This report provides an in-depth analysis of the molluscs 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 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine
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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