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Malaysia - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Malaysia: Overview of the Market for Fish Fats And Oils 2021

Market Size for Fish Fats And Oils in Malaysia

In 2019, the Malaysian fish fat and oil market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2010 to 2019, the growth of the market remained at a lower figure.

Production of Fish Fats And Oils in Malaysia

In value terms, fish fat and oil production expanded modestly to $X in 2019 estimated in export prices. Overall, production recorded a pronounced decrease. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. As a result, production attained the peak level of $X. From 2010 to 2019, production growth remained at a somewhat lower figure.

Exports of Fish Fats And Oils

Exports from Malaysia

In 2019, overseas shipments of fish fats and oils decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Overall, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, fish fat and oil exports stood at $X in 2019. In general, exports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Exports peaked in 2019 and are likely to see steady growth in years to come.

Exports by Country

China (X tonnes) was the main destination for fish fat and oil exports from Malaysia, with a X% share of total exports. Moreover, fish fat and oil exports to China exceeded the volume sent to the second major destination, Chile (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to China totaled +X%.

In value terms, China ($X) remains the key foreign market for fish fat and oil exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to China totaled +X%.

Export Prices by Country

In 2019, the average fish fat and oil export price amounted to $X per tonne, picking up by X% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2019, the country with the highest price was China ($X per tonne), while the average price for exports to Chile totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China.

Imports of Fish Fats And Oils

Imports into Malaysia

For the third year in a row, Malaysia recorded growth in overseas purchases of fish fats and oils, which increased by X% to X tonnes in 2019. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to continue growth in the immediate term.

In value terms, fish fat and oil imports rose rapidly to $X in 2019. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Imports peaked in 2019 and are expected to retain growth in years to come.

Imports by Country

The Philippines (X tonnes), New Zealand (X tonnes) and Chile (X tonnes) were the main suppliers of fish fat and oil imports to Malaysia, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in the Philippines (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fish fat and oil suppliers to Malaysia were the Netherlands ($X), the Philippines ($X) and Australia ($X), with a combined X% share of total imports.

Among the main suppliers, the Philippines (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average fish fat and oil import price amounted to $X per tonne, rising by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per tonne), while the price for New Zealand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Chile, 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 fish fats and oils in the world?
+
The country with the largest volume of fish fat and oil consumption was China (659K tonnes), accounting for 15% of total volume. Moreover, fish fat and oil consumption in China exceeded the figures recorded by the second-largest consumer, Norway (327K tonnes), twofold. The third position in this ranking was occupied by the U.S. (302K tonnes), with a 6.9% share.
What are the largest producers of fish fats and oils in the world?
+
The countries with the highest volumes of fish fat and oil production in 2019 were China (634K tonnes), the U.S. (369K tonnes) and India (272K tonnes), together accounting for 29% of global production. Norway, Peru, Japan, Russia, Brazil, Mexico, Pakistan, Bangladesh, Indonesia and Nigeria lagged somewhat behind, together comprising a further 29%.
What are the leading suppliers of fish fats and oils to Malaysia?
+
In value terms, the largest fish fat and oil suppliers to Malaysia were the Netherlands ($3.5M), the Philippines ($2.6M) and Australia ($2.1M), together comprising 44% of total imports.
What are the leading importers of fish fats and oils from Malaysia?
+
In value terms, China ($3.3M) remains the key foreign market for fish fat and oil exports from Malaysia, comprising 89% of total exports. The second position in the ranking was occupied by Chile ($139K), with a 3.8% share of total exports.
What is the average export price for fish fats and oils in Malaysia?
+
In 2019, the average fish fat and oil export price amounted to $1,958 per tonne, growing by 6.8% against the previous year.
What is the average import price for fish fats and oils in Malaysia?
+
In 2019, the average fish fat and oil import price amounted to $2,178 per tonne, with an increase of 9.5% against the previous year.

Product coverage:
• Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

This report provides an in-depth analysis of the market for fish fat and oil 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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