Malaysia: Bambara Bean Market 2022

Bambara Bean Market Size in Malaysia

For the ninth consecutive year, the Malaysian bambara bean market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption saw a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Bambara Bean Exports

Exports from Malaysia

In 2020, exports of bambara beans from Malaysia declined significantly to X tonnes, which is down by -X% against 2019 figures. In general, exports faced a sharp descent. The smallest decline of -X% was in 2013. Exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, bambara bean exports reduced dramatically to $X in 2020. Over the period under review, exports continue to indicate a sharp decline. The smallest decline of -X% was in 2016. Over the period under review, exports reached the maximum at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tonnes) was the main destination for bambara bean exports from Malaysia, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Uganda was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to Uganda was relatively modest.

Export Prices by Country

In 2020, the average bambara bean export price amounted to $X per tonne, remaining stable against the previous year. In general, the export price showed a noticeable descent. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2012 to 2020, the rate of growth in terms of prices for Uganda amounted to X% per year.

Bambara Bean Imports

Imports into Malaysia

Bambara bean imports into Malaysia skyrocketed to X tonnes in 2020, with an increase of X% against 2019 figures. Overall, imports posted a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, bambara bean imports soared to $X in 2020. In general, imports saw prominent growth. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

Ghana (X tonnes), China (X tonnes) and Taiwan (Chinese) (X kg) were the main suppliers of bambara bean imports to Malaysia, together comprising X% of total imports. Italy lagged somewhat behind, comprising a further X 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bambara bean suppliers to Malaysia were Ghana ($X), China ($X) and Taiwan (Chinese) ($X), with a combined X% share of total imports. Italy lagged somewhat behind, accounting for a further X terms of the main suppliers, Italy saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bambara bean import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the import price showed a mild decrease. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Taiwan (Chinese) ($X per tonne), while the price for Ghana ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform