Latest Report Update: Apr 11, 2019

Malaysia - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Carrot And Turnip Market Overview 2019

Carrot And Turnip Market Size in Malaysia

The revenue of the carrot and turnip market in Malaysia amounted to $X in 2017, falling 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, the total market indicated a remarkable 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 carrot and turnip consumption decreased by -X% against 2013 indices. The growth pace was the most rapid in 2012, with an increase of X% y-o-y. Over the period under review, the carrot and turnip market reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Carrot And Turnip Exports

Exports from Malaysia

In 2017, approx. X tonnes of carrots and turnips were exported from Malaysia; going up by X% against the previous year. Overall, carrot and turnip exports continue to indicate a moderate setback. The growth pace was the most rapid in 2017, when exports increased by X% against the previous year. Over the period under review, the carrot and turnip exports reached its maximum volume of X tonnes in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, carrot and turnip exports totaled $X in 2017. In general, carrot and turnip exports continue to indicate a pronounced increase. The exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Exports by Country

Singapore (X tonnes) was the main destination of carrot and turnip exports from Malaysia, accounting for X% share of total exports. Moreover, carrot and turnip exports to Singapore exceeded the volume sent to the second major destination, Indonesia (X tonnes), sixfold.

From 2007 to 2017, the average annual rate of growth in terms of volume to Singapore stood at -X%.

In value terms, Singapore ($X) remains the key foreign market for carrot and turnip exports from Malaysia, making up X% of total carrot and turnip exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports.

From 2007 to 2017, the average annual growth rate of value to Singapore amounted to +X%.

Export Prices by Country

In 2017, the average carrot and turnip export price amounted to $X per tonne, going down by -X% against the previous year. In general, carrot and turnip export price continues to indicate a strong growth. The growth pace was the most rapid in 2011, an increase of X% year-to-year. The export price peaked of $X per tonne in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of origin; the country with the highest export price was Indonesia ($X per tonne), while average price for exports to Singapore totaled $X per tonne.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Singapore (+X% per year).

Carrot And Turnip Imports

Imports into Malaysia

In 2017, the amount of carrots and turnips imported into Malaysia stood at X tonnes, picking up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. Over the period under review, the carrot and turnip imports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, carrot and turnip imports amounted to $X in 2017. Overall, the total imports indicated a remarkable increase 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 carrot and turnip imports decreased by -X% against 2013 indices. Over the period under review, the carrot and turnip imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Imports by Country

In 2017, China (X tonnes) constituted the largest supplier of carrot and turnip to Malaysia, with a X% share of total imports. Moreover, carrot and turnip imports from China exceeded the figures recorded by the second largest supplier, Australia (X tonnes), fivefold.

From 2007 to 2017, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Viet Nam (+X% per year).

In value terms, China ($X) constituted the largest supplier of carrot and turnip to Malaysia, making up X% of total carrot and turnip imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports.

From 2007 to 2017, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Viet Nam (+X% per year).

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2017, waning by -X% against the previous year. Overall, carrot and turnip import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The import price peaked of $X per tonne in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Australia ($X per tonne), while price for Viet Nam ($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 Viet Nam (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 426 - Carrot

This report provides an in-depth analysis of the carrot and turnip 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 2025
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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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