Malaysia - Flours, Meals And Pellets Of Meat Or Meat Offal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Meat Meals and Pellets in Malaysia - 2021
Contents:
- Price for Meat Meals and Pellets in Malaysia (CIF) - 2021
- Price for Meat Meals and Pellets in Malaysia (FOB) - 2022
- Imports of Meat Meals and Pellets in Malaysia
- Exports of Meat Meals and Pellets in Malaysia
Price for Meat Meals and Pellets in Malaysia (CIF) - 2021
In December 2021, the average meat meals and pellets import price amounted to $494 per ton, standing approximately at the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in June 2021 an increase of 30% against the previous month. Over the period under review, average import prices attained the maximum at $517 per ton in September 2021; however, from October 2021 to December 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($604 per ton), while the price for Singapore ($39.0 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Meat Meals and Pellets in Malaysia (FOB) - 2022
The average meat meals and pellets export price stood at $715 per ton in 2022, surging by 2.7% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat meals and pellets export price increased by +93.1% against 2015 indices. The growth pace was the most rapid in 2013 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($3,406 per ton), while the average price for exports to the Philippines ($361 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 Thailand (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat Meals and Pellets in Malaysia
In 2022, supplies from abroad of flours, meals and pellets of meat or meat offal decreased by -8.2% to 66K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of 72K tons, and then dropped in the following year.
In value terms, meat meals and pellets imports shrank to $28M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of $33M, and then fell in the following year.
| Import of Meat Meals and Pellets in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 13.0 | 14.4 | 14.7 | 9.4 | -10.2% |
| United Kingdom | 0.4 | 0.5 | 6.5 | 5.7 | 142.4% |
| New Zealand | 0.9 | 0.5 | 1.0 | 1.7 | 23.6% |
| Brazil | 0.7 | 0.3 | 0.7 | 1.4 | 26.0% |
| Ireland | 0.3 | 0.3 | 0.6 | 0.8 | 38.7% |
| United States | 1.1 | 0.8 | 0.6 | 0.6 | -18.3% |
| Canada | 0.4 | 0.6 | 0.5 | 0.5 | 7.7% |
| Singapore | 0.3 | 1.3 | 0.1 | 0.3 | 0.0% |
| Sweden | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Netherlands | 2.4 | 1.2 | 0.2 | 0.1 | -65.3% |
| Belgium | 0.6 | 0.4 | 0.1 | 0.1 | -45.0% |
| Germany | 1.0 | 1.7 | N/A | N/A | 70.0% |
| Others | 1.4 | 1.8 | 7.7 | 7.4 | 74.2% |
| Total | 22.8 | 23.9 | 32.9 | 28.4 | 7.6% |
Top Suppliers of Meat Meals and Pellets to Malaysia in 2022:
- Germany (undefinedK tons)
- Australia (18.8K tons)
- United Kingdom (12.8K tons)
- New Zealand (3.7K tons)
- Brazil (2.9K tons)
- Ireland (2.6K tons)
- Singapore (1.5K tons)
- Sweden (1.4K tons)
- United States (1.3K tons)
- Canada (1.1K tons)
- Belgium (0.4K tons)
- Netherlands (0.3K tons)
Exports of Meat Meals and Pellets in Malaysia
For the third year in a row, Malaysia recorded decline in overseas shipments of flours, meals and pellets of meat or meat offal, which decreased by -7.4% to 517 tons in 2022. Over the period under review, exports faced a precipitous setback. The smallest decline of -5.8% was in 2021.
In value terms, meat meals and pellets exports fell to $369K in 2022. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year.
| Export of Meat Meals and Pellets in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 294 | 188 | 180 | 170 | -16.7% |
| Vietnam | 94.6 | 18.1 | 93.1 | 87.8 | -2.5% |
| Thailand | 18.1 | 59.4 | 59.4 | 56.0 | 45.7% |
| Philippines | 126 | 41.7 | 14.8 | 21.0 | -45.0% |
| Nepal | 71.0 | N/A | N/A | N/A | 0% |
| Others | 117 | 43.4 | 41.1 | 35.0 | -33.1% |
| Total | 720 | 351 | 388 | 369 | -20.0% |
Top Export Markets for Meat Meals and Pellets from Malaysia in 2022:
- Indonesia (372.0 tons)
- Vietnam (60.6 tons)
- Philippines (58.2 tons)
- Thailand (16.4 tons)
This report provides an in-depth analysis of the market for meat meals and pellets 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:
- Prodcom 10131600 - Flours, meals and pellets of meat or meat offal unfit for human consumption, greaves
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
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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