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Malaysia - Crude Soybean Oil - Market Analysis, Forecast, Size, Trends And Insights
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Malaysia: Crude Soybean Oil Market Overview 2021

Crude Soybean Oil Market Size in Malaysia

In 2020, after two years of decline, there was significant growth in the Malaysian crude soybean oil market, when its value increased by X% to $X. Overall, the total consumption indicated strong growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Crude Soybean Oil Production in Malaysia

In value terms, crude soybean oil production rose sharply to $X in 2020 estimated in export prices. Over the period under review, production showed a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Crude soybean oil production peaked in 2020 and is expected to retain growth in the immediate term.

Crude Soybean Oil Exports

Exports from Malaysia

After ten years of growth, overseas shipments of crude soybean oil decreased by -X% to X tonnes in 2020. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2019, and then dropped sharply in the following year.

In value terms, crude soybean oil exports reduced dramatically to $X in 2020. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2019, and then dropped markedly in the following year.

Exports by Country

Thailand (X tonnes) was the main destination for crude soybean oil exports from Malaysia, with a X% share of total exports. Moreover, crude soybean oil exports to Thailand exceeded the volume sent to the second major destination, Australia (X tonnes), fivefold. Fiji (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Thailand totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Fiji (+X% per year).

In value terms, Thailand ($X) emerged as the key foreign market for crude soybean oil exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports. It was followed by Fiji, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Thailand totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Fiji (+X% per year).

Export Prices by Country

In 2020, the average crude soybean oil export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were New Caledonia ($X per tonne) and Thailand ($X per tonne), while the average price for exports to Australia ($X per tonne) and Fiji ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced a decline.

Crude Soybean Oil Imports

Imports into Malaysia

In 2020, purchases abroad of crude soybean oil was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Over the period under review, total imports indicated notable growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, crude soybean oil imports soared to $X in 2020. In general, imports continue to indicate a measured increase. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2011 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Argentina (X tonnes) constituted the largest supplier of crude soybean oil to Malaysia, accounting for a X% share of total imports. Moreover, crude soybean oil imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), sixfold. The third position in this ranking was occupied by Saudi Arabia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Argentina amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Saudi Arabia (+X% per year).

In value terms, Argentina ($X) constituted the largest supplier of crude soybean oil to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Argentina stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

In 2020, the average crude soybean oil import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Russia ($X per tonne) and Argentina ($X per tonne), while the price for China ($X per tonne) and Ukraine ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude soybean oil in the world?
+
The countries with the highest volumes of crude soybean oil consumption in 2020 were China (4.6M tonnes), India (3.6M tonnes) and the U.S. (2.3M tonnes), together comprising 34% of global consumption.
What are the largest producers of crude soybean oil in the world?
+
The countries with the highest volumes of crude soybean oil production in 2020 were Argentina (5.4M tonnes), China (3.7M tonnes) and the U.S. (3.3M tonnes), together accounting for 40% of global production.
What are the leading suppliers of crude soybean oil to Malaysia?
+
In value terms, Argentina ($57M) constituted the largest supplier of crude soybean oil to Malaysia, comprising 65% of total imports. The second position in the ranking was occupied by Brazil ($9.3M), with a 11% share of total imports. It was followed by Saudi Arabia, with a 7.3% share.
What are the leading importers of crude soybean oil from Malaysia?
+
In value terms, Thailand ($2.3M) emerged as the key foreign market for crude soybean oil exports from Malaysia, comprising 74% of total exports. The second position in the ranking was occupied by Australia ($384K), with a 12% share of total exports. It was followed by Fiji, with a 6.8% share.
What is the average export price for crude soybean oil in Malaysia?
+
The average crude soybean oil export price stood at $883 per tonne in 2020, increasing by 4.8% against the previous year.
What is the average import price for crude soybean oil in Malaysia?
+
In 2020, the average crude soybean oil import price amounted to $819 per tonne, increasing by 14% against the previous year.

Product coverage:
• Prodcom 10412100 - Crude soya-bean oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the crude soybean oil 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 2030
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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