Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Malaysia - 2023
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia (CIF) - 2022
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia (FOB) - 2022
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia
- Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia (CIF) - 2022
The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $2,583 per ton in 2022, increasing by 71% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $4,082 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($3,849 per ton), while the price for Singapore ($898 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+102.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia (FOB) - 2022
The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $4,110 per ton in 2022, jumping by 20% against the previous year. Overall, the export price recorded resilient growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 209% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($14,200 per ton), while the average price for exports to Indonesia stood at $4,039 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia
Imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into Malaysia fell significantly to 7 tons in 2022, shrinking by -93.2% compared with the year before. Overall, imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 565%. As a result, imports attained the peak of 103 tons, and then contracted markedly in the following year.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia fell markedly to $18K in 2022. Over the period under review, imports showed a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 519%. As a result, imports attained the peak of $156K, and then contracted notably in the following year.
| Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 10.5 | 2.6 | 18.2 | 11.8 | 4.0% |
| China | 16.0 | 3.4 | 11.8 | 2.5 | -46.1% |
| Singapore | 0.7 | 0.1 | 0.6 | 1.8 | 37.0% |
| Australia | 7.7 | 2.1 | 7.4 | 1.6 | -40.8% |
| Turkey | 2.5 | 0.4 | 1.7 | 0.3 | -50.7% |
| Spain | 17.7 | 0.7 | 1.3 | N/A | -72.9% |
| United States | 11.5 | 5.0 | 25.5 | N/A | 48.9% |
| India | 5.0 | 0.8 | 13.6 | N/A | 64.9% |
| Egypt | 31.0 | 7.6 | 57.5 | N/A | 36.2% |
| Libya | 3.0 | N/A | N/A | N/A | 0% |
| Italy | 13.2 | 1.1 | 12.7 | N/A | -1.9% |
| Others | 5.4 | 1.5 | 5.9 | N/A | 4.5% |
| Total | 124 | 25.2 | 156 | 18.1 | -47.3% |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Malaysia in 2022:
- United Arab Emirates (3.4 tons)
- Singapore (2.0 tons)
- China (0.9 tons)
- Australia (0.4 tons)
- Turkey (0.2 tons)
Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia
In 2022, the amount of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia exported from Malaysia skyrocketed to 718 kg, rising by 498% on the previous year's figure. Overall, exports, however, recorded a abrupt slump.
In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia skyrocketed to $3K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Malaysia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 19.0 | 1.0 | 7.0 | 2,880 | 433.2% |
| Niger | 183 | N/A | N/A | N/A | 0% |
| Thailand | 87.0 | 10.0 | 19.0 | N/A | -53.3% |
| Sri Lanka | 135 | 17.0 | 36.0 | N/A | -48.4% |
| Philippines | 459 | N/A | N/A | N/A | 0% |
| Maldives | 164 | 97.0 | 314 | N/A | 38.4% |
| Others | 158 | 15.0 | 34.0 | 71.0 | -23.4% |
| Total | 1,205 | 140 | 410 | 2,951 | 34.8% |
Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Malaysia in 2022:
- Indonesia (713.0 kg)
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