Malaysia: Blueberry And Cranberry Market 2022

Blueberry And Cranberry Market Size in Malaysia

The Malaysian blueberry and cranberry market surged to $X in 2021, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a significant expansion. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in years to come.

Blueberry And Cranberry Exports

Exports from Malaysia

In 2021, overseas shipments of blueberries and cranberries increased by X% to X tonnes for the first time since 2018, thus ending a two-year declining trend. Overall, exports saw a relatively flat trend pattern. The exports peaked at X tonnes in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, blueberry and cranberry exports surged to $X in 2021. In general, exports saw a resilient expansion. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam (X tonnes), Singapore (X tonnes) and Thailand (X kg) were the main destinations of blueberry and cranberry exports from Malaysia, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in Vietnam (+X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Vietnam ($X), Singapore ($X) and Indonesia ($X) constituted the largest markets for blueberry and cranberry exported from Malaysia worldwide, together comprising X% of total exports.

Among the main countries of destination, Singapore, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average blueberry and cranberry export price stood at $X per tonne in 2021, declining by -X% against the previous year. Overall, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per tonne in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Vietnam ($X per tonne), while the average price for exports to Thailand ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Blueberry And Cranberry Imports

Imports into Malaysia

In 2021, approx. X tonnes of blueberries and cranberries were imported into Malaysia; rising by X% on the year before. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, blueberry and cranberry imports surged to $X in 2021. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, South Africa (X tonnes) constituted the largest blueberry and cranberry supplier to Malaysia, with a X% share of total imports. Moreover, blueberry and cranberry imports from South Africa exceeded the figures recorded by the second-largest supplier, the United States (X tonnes), threefold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Africa amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Spain (+X% per year).

In value terms, South Africa ($X) constituted the largest supplier of blueberry and cranberry to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by the United States ($X), with a X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Africa totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average blueberry and cranberry import price stood at $X per tonne in 2021, remaining constant against the previous year. Overall, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. The import price peaked at $X per tonne in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Peru ($X per tonne) and Morocco ($X per tonne), while the price for Mexico ($X per tonne) and South Africa ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform