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Malaysia - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Malaysia: Animal Fats Market Overview 2021

Animal Fats Market Size in Malaysia

In 2019, the Malaysian animal fats market decreased by -X% to $X, falling for the second year in a row after seven years of growth. In general, the total consumption indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Animal Fats Production in Malaysia

In value terms, animal fats production dropped to $X in 2019 estimated in export prices. Over the period under review, the total production indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Animal fats production peaked at $X in 2017; however, from 2018 to 2019, production stood at a somewhat lower figure.

Animal Fats Exports

Exports from Malaysia

In 2019, shipments abroad of animal fats and oils increased by X% to X tonnes, rising for the second consecutive year after ten years of decline. Overall, exports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, animal fats exports surged to $X in 2019. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Exports peaked in 2019 and are likely to see steady growth in years to come.

Exports by Country

Saudi Arabia (X tonnes), Sudan (X tonnes) and Cambodia (X tonnes) were the main destinations of animal fats exports from Malaysia, together comprising X% of total exports. China, Chile, Viet Nam and Pakistan lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X) remains the key foreign market for animal fats exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Sudan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Saudi Arabia (-X% per year).

Export Prices by Country

In 2019, the average animal fats export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price, however, saw a measured increase. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Sudan ($X per tonne), while the average price for exports to Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sudan, while the prices for the other major destinations experienced more modest paces of growth.

Animal Fats Imports

Imports into Malaysia

In 2019, the amount of animal fats and oils imported into Malaysia reduced dramatically to X tonnes, shrinking by -X% against the year before. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, animal fats imports reduced to $X in 2019. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, China (X tonnes) constituted the largest supplier of animal fats to Malaysia, accounting for a X% share of total imports. Moreover, animal fats imports from China exceeded the figures recorded by the second-largest supplier, the UK (X kg), fourfold. The third position in this ranking was occupied by India (X kg), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and India (-X% per year).

In value terms, China ($X) constituted the largest supplier of animal fats to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2007 to 2019, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Australia (+X% per year).

Import Prices by Country

In 2019, the average animal fats import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price saw a temperate expansion. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the world?
+
The country with the largest volume of animal fats consumption was China (400K tonnes), comprising approx. 16% of total volume. Moreover, animal fats consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (184K tonnes), twofold. Italy (160K tonnes) ranked third in terms of total consumption with a 6.3% share.
What are the largest producers of animal fats and oils in the world?
+
The country with the largest volume of animal fats production was China (404K tonnes), accounting for 16% of total volume. Moreover, animal fats production in China exceeded the figures recorded by the second-largest producer, the U.S. (183K tonnes), twofold. The third position in this ranking was occupied by Italy (160K tonnes), with a 6.3% share.
What are the leading suppliers of animal fats and oils to Malaysia?
+
In value terms, China ($6.9K) constituted the largest supplier of animal fats to Malaysia, comprising 59% of total imports. The second position in the ranking was occupied by the UK ($3.2K), with a 27% share of total imports. It was followed by Australia, with a 7.7% share.
What are the leading importers of animal fats and oils from Malaysia?
+
In value terms, Sudan ($63K) remains the key foreign market for animal fats exports from Malaysia, comprising 64% of total exports. The second position in the ranking was occupied by China ($13K), with a 13% share of total exports. It was followed by Saudi Arabia, with a 5.7% share.
What is the average export price for animal fats and oils in Malaysia?
+
In 2019, the average animal fats export price amounted to $1,736 per tonne, dropping by -27.3% against the previous year.
What is the average import price for animal fats and oils in Malaysia?
+
The average animal fats import price stood at $3,763 per tonne in 2019, with an increase of 19% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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