Price for Fats and Oils and Their Fractions; of Marine Mammals in Malaysia - 2023
Contents:
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Malaysia (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Marine Mammals in Malaysia (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Marine Mammals in Malaysia
- Exports of Fats and Oils and Their Fractions; of Marine Mammals in Malaysia
Price for Fats and Oils and Their Fractions; of Marine Mammals in Malaysia (CIF) - 2022
The average import price for fats and oils and their fractions; of marine mammalses stood at $7,557 per ton in 2022, shrinking by -10.6% against the previous year. Overall, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 59%. Over the period under review, average import prices reached the maximum at $8,867 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($30,303 per ton), while the price for Australia ($5,765 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fats and Oils and Their Fractions; of Marine Mammals in Malaysia (FOB) - 2022
The average export price for fats and oils and their fractions; of marine mammalses stood at $5,687 per ton in 2022, shrinking by -13% against the previous year. In general, the export price, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2019 an increase of 74%. The export price peaked at $6,953 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -2.0% per year.
Imports of Fats and Oils and Their Fractions; of Marine Mammals in Malaysia
In 2022, approx. 41 tons of fats and oils and their fractions; of marine mammalses were imported into Malaysia; increasing by 101% compared with 2021. In general, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fats and oils and their fractions; of marine mammalses soared to $312K in 2022. Over the period under review, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fats and Oils and Their Fractions; of Marine Mammals in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 24.3 | 18.0 | 33.2 | 99.2 | 59.8% |
| United Arab Emirates | 95.8 | 37.4 | 27.1 | 91.8 | -1.4% |
| Canada | 18.7 | 8.6 | 37.7 | 74.0 | 58.2% |
| Yemen | N/A | 40.1 | 28.0 | 45.4 | 6.4% |
| Thailand | 34.2 | 24.1 | 42.2 | N/A | 11.1% |
| Others | 10.0 | 4.5 | 5.1 | 1.7 | -44.6% |
| Total | 183 | 133 | 173 | 312 | 19.5% |
Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to Malaysia in 2022:
- Australia (17.2 tons)
- United Arab Emirates (14.4 tons)
- Yemen (7.1 tons)
- Canada (2.4 tons)
Exports of Fats and Oils and Their Fractions; of Marine Mammals in Malaysia
In 2022, exports of fats and oils and their fractions; of marine mammalses from Malaysia skyrocketed to 22 tons, with an increase of 48% on the year before. In general, exports, however, continue to indicate a abrupt setback.
In value terms, exports of fats and oils and their fractions; of marine mammalses surged to $123K in 2022. Over the period under review, exports, however, faced a abrupt contraction.
| Export of Fats and Oils and Their Fractions; of Marine Mammals in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 145 | 67.8 | 93.4 | 123 | -5.3% |
| Singapore | 93.0 | 32.0 | 1.6 | N/A | -86.9% |
| Others | N/A | 0.3 | 0.4 | N/A | 33.3% |
| Total | 238 | 100 | 95.5 | 123 | -19.8% |
Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from Malaysia in 2022:
- Japan (21.6 tons)
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