Malaysia - Figs - Market Analysis, Forecast, Size, Trends and Insights

Malaysia: Fig Market Overview 2019

Fig Market Size in Malaysia

The revenue of the fig market in Malaysia amounted to $X in 2017, shrinking 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). In general, fig consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The fig consumption peaked of $X in 2016, and then declined slightly in the following year.

Fig Exports from Malaysia

In 2017, the amount of figs exported from Malaysia stood at X tonnes, reducing by -X% against the previous year. In general, fig exports continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Over the period under review, the fig exports attained its maximum volume of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, fig exports amounted to $X in 2017. Overall, fig exports continue to indicate a strong increase. The exports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Fig Exports by Country from Malaysia

Singapore (X tonnes), Thailand (X tonnes) and Qatar (X kg) were the main destinations of fig exports from Malaysia, with a combined X% share of total exports. These countries were followed by China, Hong Kong SAR, China, China, Macao SAR and Indonesia, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by China, Macao SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest markets for fig exported from Malaysia were Thailand ($X), Singapore ($X) and China ($X), with a combined X% share of total exports. These countries were followed by China, Macao SAR, Qatar, Indonesia and China, Hong Kong SAR, which together accounted for a further X%.

China, Macao SAR (+X% per year) recorded the highest rates of growth with regard to exports, among the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Fig Export Prices by Country in Malaysia

In 2017, the average fig export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Overall, fig export price continues to indicate a prominent expansion. The growth pace was the most rapid in 2010, an increase of X% y-o-y. The export price peaked of $X per tonne in 2016, leveling off in the following year.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Indonesia ($X per tonne), while average price for exports to China, Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Thailand (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Fig Imports into Malaysia

Fig imports into Malaysia amounted to X tonnes in 2017, going down by -X% against the previous year. In general, fig imports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. The imports peaked of X tonnes in 2016, and then declined slightly in the following year.

In value terms, fig imports stood at $X in 2017. Overall, fig imports continue to indicate a remarkable expansion. Over the period under review, the fig imports attained its maximum level of $X in 2016, and then declined slightly in the following year.

Fig Imports by Country into Malaysia

Turkey (X tonnes), Iran (X tonnes) and Singapore (X tonnes) were the main suppliers of fig imports to Malaysia.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Iran ($X) and Singapore ($X) constituted the largest fig suppliers to Malaysia, together comprising X% of total imports.

Among the main suppliers , Turkey (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Fig Import Prices by Country in Malaysia

In 2017, the average fig import price amounted to $X per tonne, lowering by -X% against the previous year. Overall, fig import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2010, when the average import prices increased by X% y-o-y. The import price peaked of $X per tonne in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Iran ($X per tonne), while prices for fig imports from Turkey ($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 Iran (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform