Malaysia: Beef Market Overview 2020

Beef Market Size in Malaysia

The revenue of the beef market in Malaysia amounted to $X in 2017, coming down by -X% against the previous year. In general, beef consumption continues to indicate a prominent increase. The growth pace was the most rapid in 2016, when it surged by X% y-o-y. In that year, the beef market attained their peak level of $X, and then declined slightly in the following year.

Beef Production in Malaysia

Beef production in Malaysia stood at X kg in 2017, stabilizing at the previous year. Overall, beef production continues to indicate a relatively flat trend pattern. Beef output in Malaysia indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a pronounced expansion in yield figures.

Average yield of beef (cattle meat) in Malaysia totaled X kg per head in 2017, waning by -X% against the previous year. In general, beef yield continues to indicate a perceptible growth. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. Malaysia beef yield peaked of X kg per head in 2016, and then declined slightly in the following year.

In 2017, beef producing animals in Malaysia totaled X head, shrinking by -X% against the previous year. Overall, beef producing animals continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when the number of producing animals increased by X% y-o-y. In that year, this number reached their peak figure of X heads. From 2015 to 2017, growth of this number failed to regain its momentum.

Beef Exports from Malaysia

In 2017, approx. X tonnes of beef (cattle meat) were exported from Malaysia; picking up by X% against the previous year. In general, the total exports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef exports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. Malaysia exports peaked of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, beef exports stood at $X in 2017. Overall, the total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef exports increased by +X% against 2014 indices. Over the period under review, the beef exports attained its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Beef Exports by Country from Malaysia

The countries with the highest levels of beef exports in 2017 were India (X tonnes), Brazil (X tonnes), Australia (X tonnes) and the U.S. (X tonnes), together resulting at X% of total export. The following exporters - the Netherlands (X tonnes), New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Paraguay (X tonnes), Canada (X tonnes), Uruguay (X tonnes) and Argentina (X tonnes) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), Australia ($X) and Brazil ($X), together accounting for X% of total exports. These countries were followed by India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina, Paraguay and Malaysia, which together accounted for a further X%.

India (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in Malaysia

The beef export price in Malaysia stood at $X per tonne in 2017, waning by -X% against the previous year. Overall, beef export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. Over the period under review, the export prices for beef (cattle meat) attained its maximum level of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into Malaysia

Beef imports into Malaysia totaled X tonnes in 2017, coming up by X% against the previous year. Overall, the total imports indicated a prominent expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef imports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. Over the period under review, the beef imports reached its peak figure volume of X tonnes in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, beef imports amounted to $X in 2017. Overall, beef imports continue to indicate a remarkable expansion. Malaysia imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Beef Imports by Country into Malaysia

The imports of the twelve major importers of beef (cattle meat), namely the U.S., Viet Nam, China, Japan, China, Hong Kong SAR, Italy, South Korea, the Netherlands, Germany, Egypt, Russia and the UK, represented more than half of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2017, together comprising X% of total imports. These countries were followed by Viet Nam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia, Egypt and Malaysia, which together accounted for a further X%.

Viet Nam (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in Malaysia

In 2017, the beef import price in Malaysia amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011, when the import prices increased by X% y-o-y. Malaysia import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform