Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia - 2024

Contents:

  1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia (CIF) - 2022
  2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia (FOB) - 2022
  3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia
  4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia (CIF) - 2022

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $4,619 per ton, growing by 29% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $5,194 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($14,123 per ton), while the price for Indonesia ($2,246 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia (FOB) - 2022

In 2022, the average export price for seeds, fruit and spores; of a kind used for sowing amounted to $5,530 per ton, rising by 25% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 33%. Over the period under review, the average export prices attained the maximum at $8,627 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($18,235 per ton), while the average price for exports to Thailand ($1,453 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 Gabon (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia

In 2022, supplies from abroad of seeds, fruit and spores; of a kind used for sowing decreased by -39.6% to 3.3K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of 5.7K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing contracted rapidly to $15M in 2022. In general, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand4.34.07.44.1-1.6%
Indonesia3.22.82.52.2-11.7%
India3.31.81.62.1-14.0%
China1.61.92.02.19.5%
Philippines2.60.70.31.6-14.9%
Taiwan (Chinese)1.11.10.90.9-6.5%
Vietnam0.30.60.50.30.0%
Myanmar0.30.30.1N/A-42.3%
Others3.53.94.11.9-18.4%
Total20.217.319.615.2-9.0%

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Malaysia in 2022:

  1. Indonesia (975.3 tons)
  2. Thailand (960.4 tons)
  3. China (375.5 tons)
  4. Philippines (294.6 tons)
  5. India (275.1 tons)
  6. Vietnam (78.7 tons)
  7. Taiwan (Chinese) (64.6 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia

For the third consecutive year, Malaysia recorded decline in overseas shipments of seeds, fruit and spores; of a kind used for sowing, which decreased by -33.5% to 383 tons in 2022. In general, exports faced a sharp decline. The smallest decline of -14.7% was in 2020.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing declined remarkably to $2.1M in 2022. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 4.2%.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia28643030041613.3%
Pakistan6.4100268348278.8%
Thailand355360317323-3.1%
Singapore334148330204-15.2%
Sri Lanka1143231461366.1%
Netherlands50.413718712635.7%
Myanmar30212.910.7101-30.6%
Brunei Darussalam20311011574.1-28.5%
Vietnam27016744.756.5-40.6%
Papua New Guinea18679.219253.2-34.1%
India22044.61.47.8-67.1%
Others475542644275-16.7%
Total2,8022,4532,5572,121-8.9%

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Malaysia in 2022:

  1. Thailand (222.3 tons)
  2. Indonesia (23.1 tons)
  3. Brunei Darussalam (22.9 tons)
  4. Pakistan (19.5 tons)
  5. Vietnam (17.8 tons)
  6. Sri Lanka (11.7 tons)
  7. Singapore (11.2 tons)
  8. Netherlands (10.1 tons)
  9. Myanmar (8.9 tons)
  10. Papua New Guinea (8.2 tons)
  11. India (2.6 tons)

Source: IndexBox Market Intelligence Platform

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