Malaysia - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Sunflower-Seed and Safflower Oil in Malaysia - 2021
Contents:
- Price for Sunflower-Seed and Safflower Oil in Malaysia (CIF) - 2021
- Price for Sunflower-Seed and Safflower Oil in Malaysia (FOB) - 2021
- Imports of Sunflower-Seed and Safflower Oil in Malaysia
- Exports of Sunflower-Seed and Safflower Oil in Malaysia
Price for Sunflower-Seed and Safflower Oil in Malaysia (CIF) - 2021
In December 2021, the average sunflower-seed and safflower oil import price amounted to $1,442 per ton, remaining stable against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in May 2021 when the average import price increased by 30% m-o-m. Over the period under review, average import prices attained the peak figure at $1,793 per ton in June 2021; however, from July 2021 to December 2021, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the countries with the highest prices were Argentina ($1,941 per ton) and France ($1,581 per ton), while the price for Ukraine ($1,386 per ton) and Russia ($1,441 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sunflower-Seed and Safflower Oil in Malaysia (FOB) - 2021
In December 2021, the average sunflower-seed and safflower oil export price amounted to $1,766 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 +2.7%. The pace of growth appeared the most rapid in February 2021 an increase of 32% against the previous month. The export price peaked at $1,827 per ton in April 2021; afterwards, it flattened through to December 2021.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($3,827 per ton), while the average price for exports to New Caledonia ($1,574 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sunflower-Seed and Safflower Oil in Malaysia
In 2022, overseas purchases of sunflower-seed and safflower oil were finally on the rise to reach 113K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a noticeable slump.
In value terms, sunflower-seed and safflower oil imports contracted to $130M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of $147M, and then contracted in the following year.
| Import of Sunflower-Seed and Safflower Oil in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 60.9 | 59.3 | 96.7 | 85.0 | 11.8% |
| Argentina | 19.5 | 12.8 | 15.4 | 12.8 | -13.1% |
| Russia | 5.5 | 24.3 | 14.7 | 11.7 | 28.6% |
| Netherlands | 0.2 | 2.1 | 8.0 | 6.5 | 219.1% |
| Switzerland | 0.3 | 3.4 | 3.3 | 2.7 | 108.0% |
| United States | 7.9 | 0.2 | 0.2 | 2.0 | -36.7% |
| France | 5.2 | 2.3 | 2.7 | 0.8 | -46.4% |
| Others | 9.8 | 7.3 | 6.5 | 8.0 | -6.5% |
| Total | 109 | 112 | 147 | 130 | 6.0% |
Top Suppliers of Sunflower-Seed and Safflower Oil to Malaysia in 2022:
- Ukraine (70.7K tons)
- Argentina (13.6K tons)
- Russia (13.4K tons)
- Netherlands (4.4K tons)
- Switzerland (3.9K tons)
- United States (1.5K tons)
- France (0.7K tons)
Exports of Sunflower-Seed and Safflower Oil in Malaysia
After three years of growth, shipments abroad of sunflower-seed and safflower oil decreased by -8.7% to 86K tons in 2022. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of 94K tons, and then shrank in the following year.
In value terms, sunflower-seed and safflower oil exports shrank to $111M in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $124M, and then shrank in the following year.
| Export of Sunflower-Seed and Safflower Oil in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 18.0 | 27.3 | 28.5 | 27.8 | 15.6% |
| Singapore | 8.8 | 12.6 | 20.2 | 18.4 | 27.9% |
| Thailand | 10.6 | 11.4 | 20.8 | 14.5 | 11.0% |
| New Zealand | 1.1 | 2.6 | 4.2 | 8.6 | 98.5% |
| Indonesia | 3.0 | 4.0 | 7.2 | 5.9 | 25.3% |
| Vietnam | 3.0 | 4.1 | 6.0 | 4.9 | 17.8% |
| Japan | 7.6 | 10.0 | 7.5 | 4.2 | -17.9% |
| Papua New Guinea | 3.0 | 3.2 | 4.6 | 3.8 | 8.2% |
| Philippines | 4.7 | 4.6 | 4.0 | 3.5 | -9.4% |
| Nepal | 1.6 | 1.9 | 2.5 | 2.0 | 7.7% |
| Cambodia | 1.3 | 1.9 | 2.3 | 1.9 | 13.5% |
| Maldives | 1.2 | 1.5 | 2.3 | 1.9 | 16.6% |
| New Caledonia | 0.8 | 1.0 | 2.0 | 1.6 | 26.0% |
| Others | 21.7 | 10.9 | 12.2 | 11.7 | -18.6% |
| Total | 86.4 | 96.9 | 124 | 111 | 8.7% |
Top Export Markets for Sunflower-Seed and Safflower Oil from Malaysia in 2022:
- Australia (18.1K tons)
- Thailand (14.1K tons)
- Singapore (10.5K tons)
- Indonesia (5.0K tons)
- New Zealand (4.7K tons)
- Vietnam (4.6K tons)
- Japan (4.1K tons)
- Papua New Guinea (4.1K tons)
- Philippines (2.2K tons)
- Cambodia (1.7K tons)
- New Caledonia (1.5K tons)
- Maldives (1.5K tons)
- Nepal (1.4K tons)
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil 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:
- FCL 268 - Oil of Sunflower Seed
- FCL 281 - Oil of Safflower Seed
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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