Price for Citrus Fruits Not Elsewhere Classified in Malaysia - 2021
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Malaysia (CIF) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in Malaysia (FOB) - 2022
- Imports of Citrus Fruits Not Elsewhere Classified in Malaysia
- Exports of Citrus Fruits Not Elsewhere Classified in Malaysia
Price for Citrus Fruits Not Elsewhere Classified in Malaysia (CIF) - 2022
The average import price for citrus fruits not elsewhere classified stood at $2,897 per ton in 2022, picking up by 157% against the previous year. Over the period under review, the import price posted a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,582 per ton), while the price for Thailand ($500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Citrus Fruits Not Elsewhere Classified in Malaysia (FOB) - 2022
In 2022, the average export price for citrus fruits not elsewhere classified amounted to $1,006 per ton, jumping by 34% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruits not elsewhere classified export price increased by +95.2% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 52%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,158 per ton), while the average price for exports to Brunei Darussalam ($567 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 (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Citrus Fruits Not Elsewhere Classified in Malaysia
In 2022, the amount of citrus fruits not elsewhere classified imported into Malaysia skyrocketed to 99 tons, with an increase of 30% compared with the previous year's figure. Over the period under review, imports, however, recorded a abrupt decline.
In value terms, citrus fruits not elsewhere classified imports soared to $287K in 2022. Overall, imports posted a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Citrus Fruits Not Elsewhere Classified in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 102 | 144 | 34.3 | 152 | 14.2% |
| Japan | 19.3 | N/A | 11.9 | 90.4 | 67.3% |
| Vietnam | 42.1 | 45.9 | 27.0 | 42.4 | 0.2% |
| Indonesia | 4.9 | N/A | N/A | 0.1 | -72.7% |
| Thailand | 0.1 | 2.2 | 10.9 | N/A | 944.0% |
| Myanmar | N/A | 7.2 | N/A | N/A | 0% |
| Others | 11.4 | 6.4 | 1.6 | 1.4 | -50.3% |
| Total | 180 | 205 | 85.7 | 287 | 16.8% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Malaysia in 2022:
- Thailand (undefined tons)
- Vietnam (53.5 tons)
- Japan (24.4 tons)
- China (20.1 tons)
- Indonesia (0.1 tons)
Exports of Citrus Fruits Not Elsewhere Classified in Malaysia
In 2022, approx. 52 tons of citrus fruits not elsewhere classified were exported from Malaysia; which is down by -92.8% compared with the previous year's figure. Over the period under review, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year.
In value terms, citrus fruits not elsewhere classified exports reduced sharply to $52K in 2022. Overall, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, the exports attained the peak of $538K, and then declined dramatically in the following year.
| Export of Citrus Fruits Not Elsewhere Classified in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 265 | 96.6 | 195 | 44.5 | -44.8% |
| Brunei Darussalam | 23.7 | N/A | N/A | 7.1 | -33.1% |
| Indonesia | 1.1 | 16.9 | N/A | 0.1 | -55.0% |
| Hong Kong SAR | 71.5 | 251 | 166 | N/A | 52.4% |
| Thailand | 47.5 | 0.5 | 4.2 | N/A | -70.3% |
| Oman | N/A | N/A | 172 | N/A | 0% |
| Others | N/A | 0.8 | N/A | N/A | 0% |
| Total | 409 | 366 | 538 | 51.8 | -49.8% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Malaysia in 2022:
- Singapore (38.8 tons)
- Brunei Darussalam (12.6 tons)
- Indonesia (0.1 tons)
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