Report Malaysia - Fonio - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

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

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Malaysia: Fonio Market 2024

Fonio Market Size in Malaysia

The Malaysian fonio market totaled less than $X in 2022, remaining constant against the previous year. Overall, consumption continues to indicate significant growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Fonio Production in Malaysia

In value terms, fonio production stood at less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of fonio in Malaysia was estimated at less than X kg per ha in 2022, remaining relatively unchanged against the year before. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of fonio in Malaysia amounted to less than X ha, standing approx. at the year before. Overall, the harvested area showed a relatively flat trend pattern.

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Fonio Exports

Exports from Malaysia

Fonio exports from Malaysia contracted notably to X kg in 2018, dropping by X% compared with the year before. Overall, exports recorded a sharp decrease. The smallest decline of X% was in 2017. The exports peaked at X tons in 2016; however, from 2017 to 2018, the exports remained at a lower figure.

In value terms, fonio exports shrank markedly to $X in 2018. In general, exports recorded a precipitous descent. The smallest decline of X% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2018, the exports failed to regain momentum.

Exports by Country

Indonesia (X kg) was the main destination for fonio exports from Malaysia, with a approx. X% share of total exports.

From 2016 to 2018, the average annual rate of growth in terms of volume to Indonesia totaled X%.

In value terms, Indonesia ($X) also remains the key foreign market for fonio exports from Malaysia.

From 2016 to 2018, the average annual growth rate of value to Indonesia amounted to X%.

Export Prices by Country

The average fonio export price stood at $X per ton in 2018, falling by X% against the previous year. In general, the export price saw a drastic downturn. The growth pace was the most rapid in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2016 to 2018, the rate of growth in terms of prices for Indonesia amounted to X% per year.

Fonio Imports

Imports into Malaysia

In 2017, fonio imports into Malaysia soared to X tons, with an increase of X% on 2016. Over the period under review, imports, however, faced a sharp reduction. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2017, imports remained at a lower figure.

In value terms, fonio imports dropped modestly to $X in 2017. In general, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2017, imports stood at a somewhat lower figure.

Imports by Country

In 2017, Peru (X tons) was the main supplier of fonio to Malaysia, with a approx. X% share of total imports.

From 2013 to 2017, the average annual growth rate of volume from Peru amounted to X.6%.

In value terms, Peru ($X) constituted the largest supplier of fonio to Malaysia.

From 2013 to 2017, the average annual rate of growth in terms of value from Peru totaled X%.

Import Prices by Country

In 2017, the average fonio import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price, however, saw a significant increase. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2013 to 2017, the rate of growth in terms of prices for Australia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of fonio consumption was Guinea, accounting for 72% of total volume. Moreover, fonio consumption in Guinea exceeded the figures recorded by the second-largest consumer, Nigeria, fivefold. The third position in this ranking was held by Mali, with a 6.8% share.
Guinea constituted the country with the largest volume of fonio production, accounting for 73% of total volume. Moreover, fonio production in Guinea exceeded the figures recorded by the second-largest producer, Nigeria, sixfold. The third position in this ranking was taken by Mali, with a 6.6% share.
In value terms, Peru constituted the largest supplier of fonio to Malaysia.
In value terms, Indonesia remains the key foreign market for fonio exports from Malaysia.
The average fonio export price stood at $4,131 per ton in 2018, shrinking by -33.5% against the previous year.
The average fonio import price stood at $1,396 per ton in 2017, dropping by -92.8% against the previous year.

This report provides an in-depth analysis of the fonio 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 2030.

Product coverage:

  • FCL 94 - Fonio

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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