Malaysia - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhole Fresh Milk Price in Malaysia - 2021
Contents:
- Whole Fresh Milk Price in Malaysia (CIF) - 2021
- Whole Fresh Milk Price in Malaysia (FOB) - 2021
- Whole Fresh Milk Imports in Malaysia
- Whole Fresh Milk Exports in Malaysia
Whole Fresh Milk Price in Malaysia (CIF) - 2021
The average whole fresh milk import price stood at $848 per ton in December 2021, surging by 3.1% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 an increase of 10% m-o-m. Over the period under review, average import prices attained the peak figure at $849 per ton in October 2021; however, from November 2021 to December 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the country with the highest price was Thailand ($1,152 per ton), while the price for Australia ($795 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 Thailand (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Whole Fresh Milk Price in Malaysia (FOB) - 2021
The average whole fresh milk export price stood at $929 per ton in December 2021, approximately reflecting the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2021 an increase of 5.5% against the previous month. Over the period under review, the average export prices reached the peak figure at $946 per ton in August 2021; however, from September 2021 to December 2021, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In December 2021, the highest price was recorded for prices to Singapore ($962 per ton) and Maldives ($881 per ton), while the average price for exports to Myanmar ($734 per ton) and Vietnam ($820 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Whole Fresh Milk Imports in Malaysia
Whole fresh milk imports into Malaysia amounted to 33K tons in 2022, surging by 6.9% on the previous year's figure. The total import volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, whole fresh milk imports totaled $28M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +63.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Whole Fresh Milk in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 14.1 | 15.5 | 17.4 | 16.9 | 6.2% |
| New Zealand | 1.3 | 3.1 | 5.3 | 9.2 | 92.0% |
| Germany | 0.2 | 0.4 | 0.3 | 0.8 | 58.7% |
| Others | 1.7 | 2.6 | 1.6 | 1.2 | -11.0% |
| Total | 17.3 | 21.6 | 24.6 | 28.2 | 17.7% |
Top Suppliers of Whole Fresh Milk to Malaysia in 2022:
- Australia (20.7K tons)
- New Zealand (9.8K tons)
- Germany (1.0K tons)
Whole Fresh Milk Exports in Malaysia
For the fourth year in a row, Malaysia recorded growth in shipments abroad of whole fresh milk, which increased by 16% to 13K tons in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 145%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, whole fresh milk exports soared to $14M in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 170%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Whole Fresh Milk in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.7 | 5.2 | 8.4 | 10.7 | 84.6% |
| Brunei Darussalam | 0.6 | 1.3 | 1.5 | 1.7 | 41.5% |
| Thailand | N/A | 0.3 | N/A | 0.7 | 52.8% |
| Maldives | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Vietnam | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| United Arab Emirates | 0.1 | 0.7 | N/A | N/A | 600.0% |
| Myanmar | 0.3 | 0.2 | 0.2 | N/A | -18.4% |
| Others | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Total | 3.0 | 8.2 | 10.6 | 13.9 | 66.7% |
Top Export Markets for Whole Fresh Milk from Malaysia in 2022:
- Myanmar (undefinedK tons)
- Singapore (10.5K tons)
- Brunei Darussalam (1.7K tons)
- Thailand (0.6K tons)
- Maldives (0.2K tons)
- Vietnam (0.1K tons)
This report provides an in-depth analysis of the whole fresh milk 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:
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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