Report Update: May 1, 2024

Malaysia - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights

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Prepared Mustard Price in Malaysia - 2021

Prepared Mustard Price in Malaysia (CIF) - 2021

In December 2021, the average prepared mustard import price amounted to $2,576 per ton, with a decrease of -30.2% against the previous month. In general, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in May 2021 an increase of 59% m-o-m. The import price peaked at $6,020 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 the UK ($12,478 per ton), while the price for the United States ($1,776 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 China (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Prepared Mustard Price in Malaysia (FOB) - 2022

In 2022, the average prepared mustard export price amounted to $5,035 per ton, with a decrease of -11.7% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared mustard export price increased by +65.7% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 33%. The export price peaked at $5,701 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($12,063 per ton), while the average price for exports to Pakistan ($2,269 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 Mali (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports in Malaysia

In 2022, the amount of prepared mustard imported into Malaysia was estimated at 488 tons, growing by 4.5% against 2021. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, prepared mustard imports fell to $1.2M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of $1.4M, and then declined in the following year.

Import of Prepared Mustard in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	556	548	580	552	-0.2%
Canada	80.2	84.6	144	189	33.1%
France	144	130	140	115	-7.2%
China	34.7	9.1	45.3	66.7	24.3%
Australia	72.2	108	105	50.8	-11.1%
Others	268	185	351	240	-3.6%
Total	1,155	1,064	1,365	1,215	1.7%

Top Suppliers of Prepared Mustard to Malaysia in 2022:

United States (309.8 tons)
Canada (76.6 tons)
France (26.4 tons)
China (9.9 tons)
Australia (9.0 tons)

Prepared Mustard Exports in Malaysia

In 2022, shipments abroad of prepared mustard was finally on the rise to reach 28 tons after two years of decline. In general, exports, however, saw a abrupt downturn.

In value terms, prepared mustard exports expanded rapidly to $140K in 2022. Over the period under review, exports, however, saw a deep slump.

Export of Prepared Mustard in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	11.3	29.9	47.1	33.8	44.1%
Singapore	65.3	29.0	13.2	29.8	-23.0%
Taiwan (Chinese)	67.3	1.9	3.8	22.7	-30.4%
Hong Kong SAR	3.5	7.2	16.6	12.1	51.2%
United Arab Emirates	4.8	8.7	9.3	7.5	16.0%
Indonesia	11.0	26.1	8.8	7.5	-12.0%
Pakistan	3.4	6.3	6.9	5.7	18.8%
United States	11.5	11.9	5.6	3.8	-30.9%
Mali	21.6	N/A	N/A	N/A	0%
Others	14.2	26.4	21.6	17.4	7.0%
Total	214	147	133	140	-13.2%

Top Export Markets for Prepared Mustard from Malaysia in 2022:

Taiwan (Chinese) (6.5 tons)
Singapore (5.6 tons)
China (2.8 tons)
Pakistan (2.5 tons)
Hong Kong SAR (1.8 tons)
United Arab Emirates (1.7 tons)
Indonesia (1.4 tons)
United States (1.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared mustard 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 10841253 - Mustard flour and meal
Prodcom 10841255 - Prepared mustard

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023