Price for Fruit, Edible; Apples, Dried in Malaysia - 2021

Contents:

  1. Price for Fruit, Edible; Apples, Dried in Malaysia (CIF) - 2022
  2. Price for Fruit, Edible; Apples, Dried in Malaysia (FOB) - 2022
  3. Imports of Fruit, Edible; Apples, Dried in Malaysia
  4. Exports of Fruit, Edible; Apples, Dried in Malaysia

Price for Fruit, Edible; Apples, Dried in Malaysia (CIF) - 2022

In 2022, the average fruit, edible; apples, dried import price amounted to $10,738 per ton, with a decrease of -1.6% against the previous year. In general, the import price, however, saw strong growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 49% against the previous year. Over the period under review, average import prices attained the maximum at $10,908 per ton in 2021, and then dropped slightly in the following year.

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 South Korea ($19,969 per ton), while the price for New Zealand ($4,919 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fruit, Edible; Apples, Dried in Malaysia (FOB) - 2022

In 2022, the average fruit, edible; apples, dried export price amounted to $2,865 per ton, jumping by 17% against the previous year. Overall, the export price posted temperate growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 120%. Over the period under review, the average export prices reached the peak figure at $5,238 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Hong Kong SAR ($3,115 per ton), while the average price for exports to Singapore stood at $1,141 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+8.7%), while the prices for the other major destinations experienced a decline.

Imports of Fruit, Edible; Apples, Dried in Malaysia

In 2022, fruit, edible; apples, dried imports into Malaysia declined remarkably to 13 tons, which is down by -21.1% compared with 2021 figures. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% 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 +35.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. As a result, imports reached the peak of 17 tons, and then declined notably in the following year.

In value terms, fruit, edible; apples, dried imports shrank notably to $143K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. As a result, imports attained the peak of $185K, and then shrank markedly in the following year.

Import of Fruit, Edible; Apples, Dried in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States28.070.711074.738.7%
New Zealand24.94.111.725.60.9%
China1.015.835.724.3189.6%
South Korea0.30.711.57.8196.2%
Australia6.42.80.26.50.5%
Chile1.80.62.22.38.5%
Germany0.90.82.61.826.0%
SingaporeN/A4.38.3N/A93.0%
Others7.62.22.80.4-62.5%
Total70.810218514326.4%

Top Suppliers of Fruit, Edible; Apples, Dried to Malaysia in 2022:

  1. New Zealand (5.2 tons)
  2. United States (3.9 tons)
  3. China (2.5 tons)
  4. Australia (0.9 tons)
  5. South Korea (0.4 tons)
  6. Chile (0.2 tons)
  7. Germany (0.2 tons)

Exports of Fruit, Edible; Apples, Dried in Malaysia

In 2022, approx. 3.3 tons of fruit, edible; apples, dried were exported from Malaysia; waning by -53.4% compared with 2021. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 653% against the previous year.

In value terms, fruit, edible; apples, dried exports shrank sharply to $9.4K in 2022. Over the period under review, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 964%.

Export of Fruit, Edible; Apples, Dried in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR88.30.415.19.0-53.3%
Singapore3.61.10.40.5-48.2%
OthersN/A0.11.8N/A1700.0%
Total91.91.617.39.4-53.2%

Top Export Markets for Fruit, Edible; Apples, Dried from Malaysia in 2022:

  1. Hong Kong SAR (2.9 tons)
  2. Singapore (0.4 tons)

Source: IndexBox Market Intelligence Platform

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