Report Update: May 1, 2024

Malaysia - Fresh Or Chilled Salmonoids Fillets - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fresh or Chilled Salmonoids Fillets in Malaysia - 2023

Price for Fresh or Chilled Salmonoids Fillets in Malaysia (CIF) - 2022

The average import price for fresh or chilled salmonoids fillets stood at $12,238 per ton in 2022, growing by 13% against the previous year. In general, the import price continues to indicate notable growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 69%. The import price peaked at $12,753 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for Yemen amounted to +51.6% per year.

Price for Fresh or Chilled Salmonoids Fillets in Malaysia (FOB) - 2022

In 2022, the average export price for fresh or chilled salmonoids fillets amounted to $7,004 per ton, shrinking by -20.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. Over the period under review, the average export prices attained the peak figure at $21,795 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($26,710 per ton), while the average price for exports to Singapore ($967 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 Brunei Darussalam (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh or Chilled Salmonoids Fillets in Malaysia

In 2022, approx. 245 tons of fresh or chilled salmonoids fillets were imported into Malaysia; rising by 67% against 2021. Over the period under review, imports, however, continue to indicate a drastic downturn.

In value terms, fresh or chilled salmonoids fillets imports skyrocketed to $3M in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 111%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Fresh or Chilled Salmonoids Fillets in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	830	210	802	2,927	52.2%
Chile	207	129	225	N/A	4.3%
India	53.3	33.5	59.2	N/A	5.4%
Indonesia	378	152	171	N/A	-32.7%
Pakistan	20.3	12.8	22.5	N/A	5.3%
Others	215	216	306	65.9	-32.6%
Total	1,704	753	1,585	2,993	20.7%

Top Suppliers of Fresh or Chilled Salmonoids Fillets to Malaysia in 2022:

Norway (240.5 tons)

Exports of Fresh or Chilled Salmonoids Fillets in Malaysia

Fresh or chilled salmonoids fillets exports from Malaysia skyrocketed to 1.3 tons in 2022, picking up by 227% against the year before. Overall, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fresh or chilled salmonoids fillets exports skyrocketed to $9K in 2022. In general, exports, however, showed a dramatic curtailment.

Export of Fresh or Chilled Salmonoids Fillets in Malaysia (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Qatar	10.0	1.4	4.1	-36.0%
Brunei Darussalam	1.4	1.6	4.0	69.0%
Australia	1.5	0.1	0.3	-55.3%
United States	1.3	0.1	0.3	-52.0%
Singapore	N/A	0.1	0.2	100.0%
Indonesia	0.3	N/A	0.1	-42.3%
Others	N/A	N/A	N/A	0%
Total	14.5	3.5	9.0	-21.2%

Top Export Markets for Fresh or Chilled Salmonoids Fillets from Malaysia in 2022:

Brunei Darussalam (790.0 kg)
Singapore (246.0 kg)
Qatar (155.0 kg)
Indonesia (48.0 kg)
Australia (26.0 kg)
United States (18.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fresh or chilled salmonoids fillets 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:

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
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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
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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