Price for Homogenised Composite Food Preparations in Malaysia - 2021

Contents:

1. Price for Homogenised Composite Food Preparations in Malaysia (FOB) - 2022
2. Price for Homogenised Composite Food Preparations in Malaysia (CIF) - 2022
3. Exports of Homogenised Composite Food Preparations in Malaysia
4. Imports of Homogenised Composite Food Preparations in Malaysia

Price for Homogenised Composite Food Preparations in Malaysia (FOB) - 2022

In 2022, the average homogenised composite food preparations export price amounted to $3,039 per ton, with a decrease of -6% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 22% against the previous year. The export price peaked at $3,233 per ton in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Brunei Darussalam amounted to +4.4% per year.

Price for Homogenised Composite Food Preparations in Malaysia (CIF) - 2022

The average homogenised composite food preparations import price stood at $3,156 per ton in 2022, which is down by -6.5% against the previous year. Overall, the import price, however, showed mild growth. The growth pace was the most rapid in 2018 when the average import price increased by 31%. Over the period under review, average import prices attained the peak figure at $3,377 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,784 per ton), while the price for the United States ($1,652 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Homogenised Composite Food Preparations in Malaysia

In 2022, the amount of homogenised composite food preparationses exported from Malaysia reduced to 930 tons, which is down by -7.5% against 2021. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 17%.

In value terms, homogenised composite food preparations exports dropped to $2.8M in 2022. In general, exports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 35%. As a result, the exports reached the peak of $3.3M, and then dropped in the following year.

Top Export Markets for Homogenised Composite Food Preparations from Malaysia in 2022:

1. Myanmar (930.1 tons)

Imports of Homogenised Composite Food Preparations in Malaysia

In 2022, overseas purchases of homogenised composite food preparationses were finally on the rise to reach 255 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp descent.

In value terms, homogenised composite food preparations imports rose rapidly to $804K in 2022. Overall, imports, however, continue to indicate a deep slump.

Top Suppliers of Homogenised Composite Food Preparations to Malaysia in 2022:

1. China (155.6 tons)
2. Australia (37.0 tons)
3. New Zealand (19.2 tons)
4. United Kingdom (15.5 tons)
5. United States (14.2 tons)
6. France (5.4 tons)