Wine Lees; Argol Price in Malaysia - 2022
Contents:
- Wine Lees; Argol Price in Malaysia (FOB) - 2022
- Wine Lees; Argol Price in Malaysia (CIF) - 2022
- Wine Lees; Argol Exports in Malaysia
- Wine Lees; Argol Imports in Malaysia
Wine Lees; Argol Price in Malaysia (FOB) - 2022
In 2022, the average wine lees; argol export price amounted to $5,087 per ton, with an increase of 14% against the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 57% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +9.4% per year.
Wine Lees; Argol Price in Malaysia (CIF) - 2022
In 2022, the average wine lees; argol import price amounted to $3,754 per ton, which is down by -10.8% against the previous year. In general, the import price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 734% against the previous year. Over the period under review, average import prices reached the maximum at $4,207 per ton in 2021, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +18.1% per year.
Wine Lees; Argol Exports in Malaysia
For the third year in a row, Malaysia recorded decline in overseas shipments of wine lees; argol, which decreased by -18.5% to 703 kg in 2022. Over the period under review, exports faced a significant curtailment. The smallest decline of -18.5% was in 2021.
In value terms, wine lees; argol exports reduced to $3.6K in 2022. Overall, exports recorded a deep reduction. The smallest decline of -6.8% was in 2020.
| Export of Wine Lees; Argol in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4.4 | 4.1 | 3.8 | 3.6 | -6.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.4 | 4.1 | 3.8 | 3.6 | -6.5% |
Top Export Markets for Wine Lees; Argol from Malaysia in 2022:
- Singapore (703.0 kg)
Wine Lees; Argol Imports in Malaysia
For the third consecutive year, Malaysia recorded decline in supplies from abroad of wine lees; argol, which decreased by -33.2% to 679 kg in 2022. In general, imports showed a precipitous setback.
In value terms, wine lees; argol imports fell remarkably to $2.5K in 2022. Overall, imports recorded a sharp descent. The smallest decline of -22.8% was in 2021.
| Import of Wine Lees; Argol in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.2 | 5.5 | 3.7 | 2.5 | -29.7% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 7.2 | 5.5 | 4.3 | 2.5 | -29.7% |
Top Suppliers of Wine Lees; Argol to Malaysia in 2022:
- Singapore (679.0 kg)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
