Malaysia - Unripened or Uncured Cheese - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUncured Cheese Price in Malaysia - 2021
Contents:
- Uncured Cheese Price in Malaysia (CIF) - 2021
- Uncured Cheese Price in Malaysia (FOB) - 2022
- Uncured Cheese Imports in Malaysia
- Uncured Cheese Exports in Malaysia
Uncured Cheese Price in Malaysia (CIF) - 2021
In December 2021, the average uncured cheese import price amounted to $4,484 per ton, with a decrease of -2.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in May 2021 when the average import price increased by 10% m-o-m. Over the period under review, average import prices hit record highs at $4,839 per ton in October 2021; however, from November 2021 to December 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Germany ($11,404 per ton), while the price for Saudi Arabia ($3,640 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 Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Uncured Cheese Price in Malaysia (FOB) - 2022
The average uncured cheese export price stood at $6,007 per ton in 2022, growing by 22% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37% 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 immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($7,273 per ton), while the average price for exports to Turkey ($1,118 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 Myanmar (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Uncured Cheese Imports in Malaysia
In 2022, imports of unripened or uncured cheese into Malaysia amounted to 6.1K tons, growing by 14% compared with the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, uncured cheese imports surged to $28M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Uncured Cheese in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.6 | 10.8 | 9.7 | 11.6 | 20.7% |
| New Zealand | 3.3 | 5.2 | 4.9 | 7.3 | 30.3% |
| Argentina | 1.3 | 1.3 | 1.4 | 3.2 | 35.0% |
| Denmark | 1.2 | 3.0 | 3.3 | 2.3 | 24.2% |
| United States | 0.5 | 1.5 | 1.1 | 1.4 | 40.9% |
| Germany | 0.4 | 0.5 | 0.7 | 0.8 | 26.0% |
| Others | 1.1 | 1.8 | 2.2 | 1.3 | 5.7% |
| Total | 14.4 | 24.2 | 23.4 | 27.9 | 24.7% |
Top Suppliers of Uncured Cheese to Malaysia in 2022:
- Australia (2714.6 tons)
- New Zealand (1589.9 tons)
- Argentina (675.0 tons)
- Denmark (410.9 tons)
- United States (268.4 tons)
- Germany (181.6 tons)
Uncured Cheese Exports in Malaysia
Uncured cheese exports from Malaysia skyrocketed to 306 tons in 2022, rising by 216% compared with the previous year. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, uncured cheese exports soared to $1.8M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Uncured Cheese in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | N/A | N/A | 28.8 | 1,622 | 5531.9% |
| Singapore | 3.9 | 2.2 | 40.1 | 125 | 217.6% |
| Bangladesh | N/A | N/A | N/A | 76.4 | 0% |
| Turkey | N/A | N/A | N/A | 17.0 | 0% |
| Hong Kong SAR | 275 | 256 | 245 | N/A | -5.6% |
| Maldives | 334 | N/A | 164 | N/A | -29.9% |
| Others | 14.6 | 7.2 | N/A | N/A | -50.7% |
| Total | 628 | 266 | 478 | 1,841 | 43.1% |
Top Export Markets for Uncured Cheese from Malaysia in 2022:
- Brunei Darussalam (223.0 tons)
- Singapore (36.0 tons)
- Bangladesh (32.2 tons)
- Turkey (15.2 tons)
This report provides an in-depth analysis of the uncured cheese market 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 10514030 - Unripened or uncured cheese (fresh cheese) (including whey cheese and curd)
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
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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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