Malaysia: Chick Peas Market Overview 2021

Chick Peas Market Size in Malaysia

In 2019, the Malaysian chick peas market decreased by -X% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a slight expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Chick Peas Exports

Exports from Malaysia

In 2019, approx. X tonnes of chick peas were exported from Malaysia; falling by -X% against 2018 figures. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. From 2016 to 2019, the growth exports failed to regain the momentum.

In value terms, chick peas exports shrank to $X in 2019. In general, exports recorded a slight downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2016 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Singapore (X tonnes) was the main destination for chick peas exports from Malaysia, with a X% share of total exports. Moreover, chick peas exports to Singapore exceeded the volume sent to the second major destination, Indonesia (X tonnes), threefold. Sri Lanka (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Singapore stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-X% per year) and Sri Lanka (+X% per year).

In value terms, Singapore ($X) emerged as the key foreign market for chick peas exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Singapore was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and Sri Lanka (+X% per year).

Export Prices by Country

The average chick peas export price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, export price indicated a pronounced expansion from 2007 to 2019: its price 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, chick peas export price decreased by -X% against 2016 indices. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per tonne), while the average price for exports to Uganda ($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 Indonesia, while the prices for the other major destinations experienced more modest paces of growth.

Chick Peas Imports

Imports into Malaysia

In 2019, the amount of chick peas imported into Malaysia dropped to X tonnes, with a decrease of -X% compared with the previous year. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, chick peas imports dropped sharply to $X in 2019. Over the period under review, imports enjoyed mild growth. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

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

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

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

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

Import Prices by Country

The average chick peas import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, import price indicated a slight increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, chick peas import price decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Ukraine ($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 chick peas in the world?

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India (10M tonnes) constituted the country with the largest volume of chick peas consumption, accounting for 66% of total volume. Moreover, chick peas consumption in India exceeded the figures recorded by the second-largest consumer, Australia (873K tonnes), more than tenfold. The third position in this ranking was occupied by Pakistan (855K tonnes), with a 5.5% share.

What are the largest producers of chick peas in the world?

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India (9.9M tonnes) constituted the country with the largest volume of chick peas production, comprising approx. 64% of total volume. Moreover, chick peas production in India exceeded the figures recorded by the second-largest producer, Australia (1.3M tonnes), eightfold. Turkey (630K tonnes) ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of chick peas to Malaysia?

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In value terms, India ($2.8M) constituted the largest supplier of chick peas to Malaysia, comprising 66% of total imports. The second position in the ranking was occupied by Australia ($534K), with a 12% share of total imports. It was followed by Turkey, with a 3.7% share.

What are the leading importers of chick peas from Malaysia?

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In value terms, Singapore ($82K) emerged as the key foreign market for chick peas exports from Malaysia, comprising 69% of total exports. The second position in the ranking was occupied by Indonesia ($23K), with a 19% share of total exports. It was followed by Sri Lanka, with a 9.7% share.

What is the average export price for chick peas in Malaysia?

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In 2019, the average chick peas export price amounted to $1,086 per tonne, waning by -6.7% against the previous year.

What is the average import price for chick peas in Malaysia?

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The average chick peas import price stood at $845 per tonne in 2019, waning by -11.3% against the previous year.