Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia - 2024
Contents:
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia (CIF) - 2024
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia (FOB) - 2024
- Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia
- Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia (CIF) - 2024
The average import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds stood at $856 per ton in December 2023, picking up by 16% against the previous month. Overall, import price indicated a pronounced increase from January 2023 to December 2023: its price increased at an average monthly rate of +4.1% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds increased by +75.1% against April 2023 indices. The pace of growth was the most pronounced in July 2023 an increase of 21% m-o-m. The import price peaked in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($975 per ton), while the price for the Netherlands ($572 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia (FOB) - 2024
The average export price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds stood at $786 per ton in December 2023, growing by 12% against the previous month. Over the last eleven months, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in August 2023 an increase of 35% m-o-m. The export price peaked in December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($1,416 per ton), while the average price for exports to Thailand ($728 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia
Imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds into Malaysia expanded markedly to 694K tons in 2022, with an increase of 10% on the previous year's figure. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds totaled $368M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 160 | 152 | 169 | 172 | 2.4% |
| India | 80.7 | 71.1 | 78.7 | 125 | 15.7% |
| Netherlands | 14.2 | 33.6 | 25.0 | 36.1 | 36.5% |
| Pakistan | 26.9 | 40.5 | 59.3 | 14.6 | -18.4% |
| Thailand | 4.9 | 10.5 | 10.7 | 7.7 | 16.3% |
| New Zealand | 6.9 | 8.5 | 10.7 | 5.6 | -6.7% |
| Others | 10.0 | 17.8 | 11.8 | 6.6 | -12.9% |
| Total | 303 | 334 | 365 | 368 | 6.7% |
Top Suppliers of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled to Malaysia in 2022:
- India (327.0K tons)
- China (207.9K tons)
- Netherlands (77.7K tons)
- Pakistan (43.0K tons)
- Thailand (14.4K tons)
- New Zealand (9.8K tons)
Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia
In 2022, approx. 47K tons of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds were exported from Malaysia; increasing by 41% against the year before. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds soared to $27M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.9 | 5.3 | 7.5 | 13.0 | 64.9% |
| Singapore | 8.2 | 8.3 | 10.5 | 11.4 | 11.6% |
| Taiwan (Chinese) | N/A | 1.9 | 1.0 | 0.5 | -48.7% |
| Indonesia | 3.1 | 3.2 | 0.3 | 0.4 | -49.5% |
| Others | 0.4 | 0.6 | 0.7 | 1.3 | 48.1% |
| Total | 14.7 | 19.3 | 20.0 | 26.6 | 21.9% |
Top Export Markets for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled from Malaysia in 2022:
- Thailand (31.1K tons)
- Singapore (13.2K tons)
- Indonesia (0.7K tons)
- Taiwan (Chinese) (0.5K tons)
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