Price for Cereals; Oats, Other than Seed in Malaysia - 2024
Contents:
- Price for Cereals; Oats, Other than Seed in Malaysia (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Malaysia (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Malaysia
- Exports of Cereals; Oats, Other than Seed in Malaysia
Price for Cereals; Oats, Other than Seed in Malaysia (CIF) - 2022
In 2022, the average import price for cereals; oats, other than seeds amounted to $968 per ton, shrinking by -40.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 202%. Over the period under review, average import prices hit record highs at $1,616 per ton in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($6,035 per ton), while the price for Australia ($458 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Oats, Other than Seed in Malaysia (FOB) - 2022
In 2022, the average export price for cereals; oats, other than seeds amounted to $3,464 per ton, picking up by 374% against the previous year. Overall, the export price enjoyed measured growth. Over the period under review, the average export prices attained the peak figure at $5,406 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($4,761 per ton), while the average price for exports to Indonesia totaled $2,864 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+42.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Malaysia
In 2022, approx. 248 tons of cereals; oats, other than seeds were imported into Malaysia; rising by 56% on 2021 figures. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% 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 +66.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; oats, other than seed imports fell to $240K in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 239% against the previous year.
| Import of Cereals; Oats, Other than Seed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 27.4 | 23.2 | 35.0 | 94.5 | 51.1% |
| Japan | N/A | 104 | 193 | 88.5 | -7.8% |
| Spain | N/A | N/A | N/A | 21.6 | 0% |
| Taiwan (Chinese) | N/A | 59.9 | 1.5 | 18.8 | -44.0% |
| China | 1.4 | 2.9 | 18.3 | 16.1 | 125.7% |
| Canada | 31.6 | 24.6 | 7.1 | N/A | -52.6% |
| Others | 5.7 | 10.0 | 1.5 | N/A | -48.7% |
| Total | 66.2 | 224 | 257 | 240 | 53.6% |
Top Suppliers of Cereals; Oats, Other than Seed to Malaysia in 2022:
- Australia (206.5 tons)
- China (18.6 tons)
- Japan (14.7 tons)
- Spain (4.2 tons)
- Taiwan (Chinese) (3.7 tons)
Exports of Cereals; Oats, Other than Seed in Malaysia
In 2022, approx. 2 tons of cereals; oats, other than seeds were exported from Malaysia; with a decrease of -92.2% on the year before. In general, exports recorded a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 190% against the previous year.
In value terms, cereals; oats, other than seed exports contracted dramatically to $6.8K in 2022. Overall, exports showed a dramatic slump. The smallest decline of -42.3% was in 2020.
| Export of Cereals; Oats, Other than Seed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 3.9 | 0% |
| Thailand | 10.8 | 3.3 | N/A | 3.0 | -34.8% |
| Singapore | 22.7 | N/A | N/A | N/A | 0% |
| Myanmar | 48.3 | 11.2 | N/A | N/A | -76.8% |
| Taiwan (Chinese) | N/A | 32.7 | 18.5 | N/A | -43.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 81.8 | 47.2 | 18.5 | 6.8 | -56.4% |
Top Export Markets for Cereals; Oats, Other than Seed from Malaysia in 2022:
- Indonesia (1348.0 kg)
- Thailand (624.0 kg)
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