Malaysia - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Malaysia - Pistachios - Market Analysis, Forecast, Size, Trends and Insights

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Pistachio Price in Malaysia - 2021

Contents:

  1. Pistachio Price in Malaysia (CIF) - 2021
  2. Pistachio Price in Malaysia (FOB) - 2021
  3. Pistachio Imports in Malaysia
  4. Pistachio Exports in Malaysia

Pistachio Price in Malaysia (CIF) - 2021

The average pistachio import price stood at $8,229 per ton in December 2021, growing by 21% against the previous month. Overall, the import price saw modest growth. The most prominent rate of growth was recorded in June 2021 when the average import price increased by 518% against the previous month. As a result, import price reached the peak level of $8,776 per ton. From July 2021 to December 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In December 2021, the countries with the highest prices were China ($9,590 per ton) and the United Arab Emirates ($9,201 per ton), while the price for Iran ($6,750 per ton) and the United States ($8,014 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Pistachio Price in Malaysia (FOB) - 2021

In December 2021, the average pistachio export price amounted to $7,821 per ton, which is down by -15.3% against the previous month. Overall, the export price showed a noticeable decline. The pace of growth was the most pronounced in November 2021 when the average export price increased by 3,749% against the previous month. The export price peaked at $12,364 per ton in September 2021; however, from October 2021 to December 2021, the export prices failed to regain momentum.

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

From December 2020 to December 2021, the rate of growth in terms of prices for China amounted to 0.0% per month.

Pistachio Imports in Malaysia

In 2022, approx. 1.4K tons of pistachios were imported into Malaysia; approximately reflecting 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.3% 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 +69.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, pistachio imports shrank significantly to $8M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of $11M, and then dropped significantly in the following year.

Import of Pistachio in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.84.67.32.9-8.6%
China0.80.70.62.546.2%
Iran1.41.31.71.3-2.4%
Hong Kong SAR0.30.1N/A0.732.6%
United Arab EmiratesN/AN/AN/A0.40%
Singapore0.60.91.2N/A41.4%
Others0.10.20.20.226.0%
Total6.97.810.98.05.1%

Top Suppliers of Pistachio to Malaysia in 2022:

  1. Singapore (undefined tons)
  2. China (694.6 tons)
  3. United States (340.4 tons)
  4. Iran (186.7 tons)
  5. Hong Kong SAR (108.5 tons)
  6. United Arab Emirates (30.7 tons)

Pistachio Exports in Malaysia

In 2022, exports of pistachios from Malaysia declined dramatically to 4.8 tons, which is down by -81.7% on the previous year. In general, exports showed a sharp slump. The smallest decline of -37.9% was in 2020.

In value terms, pistachio exports contracted notably to $24K in 2022. Overall, exports saw a significant decrease. The smallest decline of -37.2% was in 2021.

Export of Pistachio in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia19616.40.719.9-53.3%
Singapore3.94.0N/A2.7-11.5%
Papua New GuineaN/A2.20.11.3-23.1%
Thailand1364.90.30.5-84.6%
Sri Lanka51.630.51.0N/A-86.1%
ChinaN/A10097.9N/A-2.1%
OthersN/A0.9N/AN/A0%
Total38715910024.4-60.2%

Top Export Markets for Pistachio from Malaysia in 2022:

  1. Indonesia (3665.0 kg)
  2. Singapore (927.0 kg)
  3. Thailand (104.0 kg)
  4. Papua New Guinea (86.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pistachio 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 223 - Pistachios

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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