Malaysia - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPowdered Milk Price in Malaysia - 2021
Contents:
- Powdered Milk Price in Malaysia (CIF) - 2021
- Powdered Milk Price in Malaysia (FOB) - 2021
- Powdered Milk Imports in Malaysia
- Powdered Milk Exports in Malaysia
Powdered Milk Price in Malaysia (CIF) - 2021
The average powdered milk import price stood at $3,563 per ton in December 2021, surging by 5.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in June 2021 an increase of 9.9% against the previous month. The import price peaked at $3,752 per ton in September 2021; however, from October 2021 to December 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($4,619 per ton), while the price for Canada ($2,562 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 New Zealand (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Powdered Milk Price in Malaysia (FOB) - 2021
The average powdered milk export price stood at $4,406 per ton in December 2021, reducing by -10.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in July 2021 when the average export price increased by 27% month-to-month. Over the period under review, the average export prices reached the maximum at $4,902 per ton in November 2021, and then contracted in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($5,619 per ton), while the average price for exports to Pakistan ($1,823 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Powdered Milk Imports in Malaysia
In 2022, powdered milk imports into Malaysia reached 170K tons, increasing by 2% compared with 2021 figures. Overall, imports, however, showed a perceptible setback.
In value terms, powdered milk imports soared to $698M in 2022. The total import value increased at an average annual rate of +11.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Powdered Milk in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 273 | 251 | 251 | 319 | 5.3% |
| United States | 58.1 | 111 | 106 | 171 | 43.3% |
| Ireland | 31.9 | 34.4 | 44.0 | 32.1 | 0.2% |
| Belgium | 26.9 | 11.0 | 11.7 | 28.1 | 1.5% |
| Australia | 19.6 | 9.1 | 16.0 | 23.4 | 6.1% |
| Japan | N/A | 0.4 | 1.0 | 17.7 | 565.2% |
| France | 22.3 | 18.7 | 17.1 | 17.3 | -8.1% |
| Germany | 19.8 | 19.5 | 21.8 | 15.9 | -7.1% |
| Netherlands | 18.2 | 27.7 | 28.3 | 13.2 | -10.2% |
| Lithuania | 2.7 | 9.9 | 2.2 | 13.0 | 68.9% |
| Canada | 5.3 | 1.1 | 6.1 | 10.8 | 26.8% |
| India | 7.2 | 0.1 | 25.0 | 8.5 | 5.7% |
| Others | 18.1 | 17.9 | 28.2 | 28.3 | 16.1% |
| Total | 503 | 512 | 558 | 698 | 11.5% |
Top Suppliers of Powdered Milk to Malaysia in 2022:
- New Zealand (70.0K tons)
- United States (43.7K tons)
- Ireland (8.5K tons)
- Belgium (7.4K tons)
- Australia (6.2K tons)
- Japan (4.6K tons)
- France (4.5K tons)
- Germany (4.0K tons)
- Canada (3.4K tons)
- Lithuania (3.3K tons)
- Netherlands (3.3K tons)
- India (3.1K tons)
Powdered Milk Exports in Malaysia
In 2022, overseas shipments of powdered milk were finally on the rise to reach 25K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp slump.
In value terms, powdered milk exports skyrocketed to $106M in 2022. Overall, exports, however, saw a deep slump.
| Export of Powdered Milk in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | 13.9 | 13.6 | 7.7 | 15.1 | 2.8% |
| Bangladesh | 6.3 | 7.4 | 5.0 | 11.1 | 20.8% |
| Democratic Republic of the Congo | 0.4 | 1.3 | 1.2 | 9.6 | 188.4% |
| Singapore | 11.7 | 12.7 | 8.4 | 8.3 | -10.8% |
| Myanmar | N/A | N/A | N/A | 5.9 | 0% |
| Angola | 20.1 | 10.4 | 5.4 | 5.7 | -34.3% |
| United Arab Emirates | 7.9 | 13.8 | 4.8 | 5.2 | -13.0% |
| Mozambique | 5.2 | 3.7 | 2.9 | 4.7 | -3.3% |
| Hong Kong SAR | 3.8 | 3.5 | 2.4 | 4.3 | 4.2% |
| Sri Lanka | 1.0 | 1.9 | 0.5 | 3.7 | 54.7% |
| Thailand | 4.2 | 2.6 | 1.6 | 3.2 | -8.7% |
| Sudan | 20.2 | 19.4 | 2.6 | 2.2 | -52.2% |
| Algeria | 23.9 | 3.9 | 1.7 | 2.0 | -56.3% |
| Others | 48.5 | 73.1 | 33.3 | 25.2 | -19.6% |
| Total | 167 | 167 | 77.5 | 106 | -14.1% |
Top Export Markets for Powdered Milk from Malaysia in 2022:
- Somalia (3.1K tons)
- Bangladesh (3.1K tons)
- United Arab Emirates (2.2K tons)
- Democratic Republic of the Congo (2.2K tons)
- Singapore (1.4K tons)
- Myanmar (1.3K tons)
- Angola (1.2K tons)
- Mozambique (1.1K tons)
- Algeria (0.8K tons)
- Sri Lanka (0.8K tons)
- Thailand (0.7K tons)
- Sudan (0.6K tons)
- Hong Kong SAR (0.6K tons)
This report provides an in-depth analysis of the powdered 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 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
673
This report provides an in-depth analysis of the powdered milk market in Malaysia.
581
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Malaysia.
2046
This report provides an in-depth analysis of the market for evaporated and condensed milk in Malaysia.
524
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Malaysia.
573
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Malaysia.
98
This report provides an in-depth analysis of the skim powdered milk market in Malaysia.
336
This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Malaysia.
56
This report provides an in-depth analysis of the whole powdered milk market in Malaysia.
664
This report provides an in-depth analysis of the global powdered milk market.
1375
This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
309
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1314
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1712
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
241
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
96
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
309
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1314
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1712
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
241
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
96
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
