Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia - 2023
Contents:
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia (FOB) - 2023
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia (CIF) - 2023
- Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia
- Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia (FOB) - 2023
The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $647 per ton in December 2023, waning by -2.4% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 91% against the previous month. As a result, the export price attained the peak level of $1,228 per ton. From February 2023 to December 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Singapore ($638 per ton), while the average price for exports to Thailand totaled $274 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-0.0%).
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia (CIF) - 2023
The average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $942 per ton in December 2023, declining by -17.8% against the previous month. Overall, the import price recorded a mild curtailment. The pace of growth was the most pronounced in November 2023 when the average import price increased by 46% month-to-month. The import price peaked at $1,525 per ton in January 2023; however, from February 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($2,711 per ton), while the price for Singapore ($210 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia
Exports of leguminous vegetables; shelled or unshelled, fresh or chilleds from Malaysia dropped sharply to 12K tons in 2022, shrinking by -15.8% on 2021. In general, exports showed a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports attained the peak of 14K tons, and then declined notably in the following year.
In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds declined to $9.4M in 2022. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 8.4 | 8.3 | 9.4 | 9.0 | 2.3% |
United Kingdom | 2.0 | 0.9 | 1.0 | 0.2 | -53.6% |
Thailand | 0.5 | 0.4 | 0.3 | 0.2 | -26.3% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 11.0 | 9.6 | 10.8 | 9.4 | -5.1% |
Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Malaysia in 2022:
- Singapore (11.5K tons)
- Thailand (0.3K tons)
- United Kingdom (0.1K tons)
Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia
In 2022, supplies from abroad of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -24.3% to 6.1K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of 8.4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds reduced notably to $6.9M in 2022. Overall, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2020 with an increase of 5.7% against the previous year. As a result, imports reached the peak of $8.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.5 | 4.5 | 4.8 | 4.5 | 0.0% |
Thailand | 1.4 | 2.8 | 2.1 | 1.5 | 2.3% |
Indonesia | 0.7 | 0.4 | 0.6 | 0.5 | -10.6% |
Bangladesh | 0.4 | N/A | 0.1 | 0.3 | -9.1% |
United States | 0.5 | N/A | N/A | N/A | 0% |
Myanmar | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
Others | 0.3 | 0.5 | 0.4 | 0.1 | -30.7% |
Total | 7.9 | 8.3 | 8.2 | 6.9 | -4.4% |
Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Malaysia in 2022:
- Thailand (3824.6 tons)
- China (1476.7 tons)
- Indonesia (491.9 tons)
- Bangladesh (216.9 tons)
- Myanmar (12.5 tons)
- United States (7.1 tons)
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