Malaysia - Anchovies (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Anchovies Price in Malaysia - 2021
Contents:
- Preserved Anchovies Price in Malaysia (FOB) - 2022
- Preserved Anchovies Price in Malaysia (CIF) - 2022
- Preserved Anchovies Exports in Malaysia
- Preserved Anchovies Imports in Malaysia
Preserved Anchovies Price in Malaysia (FOB) - 2022
The average preserved anchovies export price stood at $5,347 per ton in 2022, falling by -2.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 8.3% against the previous year. As a result, the export price reached the peak level of $5,463 per ton, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($9,520 per ton), while the average price for exports to Brunei Darussalam ($3,708 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 Singapore (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Anchovies Price in Malaysia (CIF) - 2022
The average preserved anchovies import price stood at $4,943 per ton in 2022, shrinking by -15.3% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved anchovies import price decreased by -41.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $8,470 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($23,809 per ton), while the price for the Philippines ($1,881 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Anchovies Exports in Malaysia
Preserved anchovies exports from Malaysia expanded sharply to 78 tons in 2022, growing by 13% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, the exports reached the peak of 91 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, preserved anchovies exports expanded rapidly to $419K in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 25%. As a result, the exports reached the peak of $460K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Preserved Anchovies in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 167 | 221 | 145 | 181 | 2.7% |
Singapore | 53.4 | 85.7 | 88.7 | 91.7 | 19.8% |
Brunei Darussalam | 55.3 | 65.1 | 44.8 | 56.1 | 0.5% |
Philippines | 55.3 | 37.3 | 39.4 | 44.8 | -6.8% |
Indonesia | 30.9 | 48.7 | 43.3 | 44.8 | 13.2% |
Others | 5.2 | 1.8 | 15.7 | N/A | 73.8% |
Total | 367 | 460 | 377 | 419 | 4.5% |
Top Export Markets for Preserved Anchovies from Malaysia in 2022:
- Australia (36.2 tons)
- Brunei Darussalam (15.1 tons)
- Philippines (10.7 tons)
- Singapore (9.6 tons)
- Indonesia (6.7 tons)
Preserved Anchovies Imports in Malaysia
In 2022, imports of anchovies (prepared or preserved) into Malaysia reduced to 37 tons, dropping by -13.5% on the previous year's figure. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 212% against the previous year.
In value terms, preserved anchovies imports contracted dramatically to $184K in 2022. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year.
Import of Preserved Anchovies in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 89.6 | 67.2 | 80.7 | 74.8 | -5.8% |
China | 22.4 | 15.9 | 49.4 | 45.8 | 26.9% |
Thailand | 24.9 | 7.5 | 23.2 | 21.5 | -4.8% |
Netherlands | 29.4 | 0.7 | 17.7 | 16.4 | -17.7% |
United Kingdom | 12.0 | 12.5 | 12.1 | 11.2 | -2.3% |
Spain | 4.9 | 3.8 | 1.6 | 3.0 | -15.1% |
Philippines | 1.5 | 1.5 | 2.5 | 2.3 | 15.3% |
Vietnam | 139 | N/A | 21.4 | N/A | -60.8% |
Denmark | N/A | N/A | 32.4 | N/A | 0% |
Others | 20.7 | 7.8 | 10.2 | 9.0 | -24.2% |
Total | 344 | 117 | 251 | 184 | -18.8% |
Top Suppliers of Preserved Anchovies to Malaysia in 2022:
- Italy (21.5 tons)
- China (7.8 tons)
- Thailand (2.8 tons)
- United Kingdom (1.4 tons)
- Philippines (1.2 tons)
- Netherlands (0.7 tons)
- Spain (0.6 tons)
This report provides an in-depth analysis of the preserved anchovies 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 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)
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
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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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