Malaysia - Prepared Driers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Drier Price in Malaysia - 2021
Contents:
- Prepared Drier Price in Malaysia (CIF) - 2021
- Prepared Drier Price in Malaysia (FOB) - 2021
- Prepared Drier Imports in Malaysia
- Prepared Drier Exports in Malaysia
Prepared Drier Price in Malaysia (CIF) - 2021
In December 2021, the average prepared drier import price amounted to $5,083 per ton, increasing by 22% against the previous month. Over the period under review, import price indicated a temperate increase from December 2020 to December 2021: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, prepared drier import price decreased by -21.6% against August 2021 indices. The most prominent rate of growth was recorded in August 2021 an increase of 71% month-to-month. As a result, import price attained the peak level of $6,486 per ton. From September 2021 to December 2021, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($11,762 per ton), while the price for Vietnam ($2,346 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 the UK (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Drier Price in Malaysia (FOB) - 2021
In December 2021, the average prepared drier export price amounted to $2,614 per ton, falling by -26.4% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2021 an increase of 80% month-to-month. Over the period under review, the average export prices reached the maximum at $3,858 per ton in June 2021; however, from July 2021 to December 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Kenya ($5,282 per ton), while the average price for exports to Bangladesh ($821 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 Kenya (0.0%), while the prices for the other major destinations experienced a decline.
Prepared Drier Imports in Malaysia
In 2022, overseas purchases of prepared driers decreased by -6.2% to 757 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 +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of 807 tons, and then contracted in the following year.
In value terms, prepared drier imports dropped to $2.9M in 2022. Over the period under review, imports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports attained the peak of $3.2M, and then dropped in the following year.
| Import of Prepared Drier in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,441 | 931 | 1,206 | 1,171 | -6.7% |
| United Arab Emirates | 258 | 241 | 346 | 346 | 10.3% |
| India | 335 | 464 | 521 | 309 | -2.7% |
| Belgium | 410 | 313 | 301 | 292 | -10.7% |
| United Kingdom | 187 | 96.0 | 239 | 161 | -4.9% |
| Turkey | 6.6 | 54.4 | 106 | 103 | 149.9% |
| Vietnam | 23.6 | 37.4 | 90.5 | 87.9 | 55.0% |
| Japan | 63.9 | 57.8 | 86.0 | 83.6 | 9.4% |
| China | 87.8 | 35.8 | 28.9 | 24.5 | -34.7% |
| Others | 336 | 378 | 299 | 338 | 0.2% |
| Total | 3,147 | 2,609 | 3,223 | 2,916 | -2.5% |
Top Suppliers of Prepared Drier to Malaysia in 2022:
- Thailand (380.8 tons)
- United Arab Emirates (101.4 tons)
- India (80.4 tons)
- United Kingdom (40.6 tons)
- Belgium (31.4 tons)
- Turkey (23.3 tons)
- Vietnam (22.7 tons)
- China (14.3 tons)
- Japan (13.0 tons)
Prepared Drier Exports in Malaysia
In 2022, the amount of prepared driers exported from Malaysia rose significantly to 907 tons, increasing by 10% compared with 2021. Overall, exports, however, recorded a relatively flat trend pattern.
In value terms, prepared drier exports expanded to $2.1M in 2022. Over the period under review, exports, however, continue to indicate a noticeable slump.
| Export of Prepared Drier in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1,618 | 1,667 | 1,671 | 1,669 | 1.0% |
| Indonesia | 96.0 | 121 | 51.1 | 90.4 | -2.0% |
| Qatar | 25.7 | 39.3 | 58.6 | 55.6 | 29.3% |
| Yemen | 15.5 | 35.9 | 35.4 | 33.6 | 29.4% |
| Saudi Arabia | 25.5 | 30.4 | 28.7 | 26.0 | 0.6% |
| Myanmar | 65.5 | 23.6 | 23.2 | 22.9 | -29.6% |
| Philippines | 14.3 | 19.4 | 20.9 | 21.6 | 14.7% |
| China | 334 | 6.0 | 6.0 | 4.7 | -75.9% |
| Others | 156 | 212 | 177 | 190 | 6.8% |
| Total | 2,350 | 2,154 | 2,072 | 2,113 | -3.5% |
Top Export Markets for Prepared Drier from Malaysia in 2022:
- Singapore (678.2 tons)
- Philippines (59.0 tons)
- Indonesia (33.4 tons)
- Myanmar (30.1 tons)
- Saudi Arabia (23.0 tons)
- Qatar (22.0 tons)
- Yemen (18.4 tons)
- China (0.7 tons)
This report provides an in-depth analysis of the prepared drier 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 20302220 - Prepared driers
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
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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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