Malaysia: Baby Food Market 2024

Baby Food Market Size in Malaysia

The Malaysian baby food market rose notably to $X in 2022, picking up 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, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2014 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Baby Food Exports

Exports from Malaysia

In 2022, overseas shipments of food preparations for infants decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, baby food exports declined to $X in 2022. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X tons), Indonesia (X tons) and Thailand (X tons) were the main destinations of baby food exports from Malaysia, with a combined X% share of total exports. Brunei Darussalam, Taiwan (Chinese), Sri Lanka, Myanmar, Vietnam and Cambodia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for baby food exported from Malaysia were the Philippines ($X), Brunei Darussalam ($X) and Indonesia ($X), together comprising X% of total exports. Thailand, Sri Lanka, Taiwan (Chinese), Vietnam, Myanmar and Cambodia lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average baby food export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Food Imports

Imports into Malaysia

Baby food imports into Malaysia rose modestly to X tons in 2022, increasing by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, baby food imports skyrocketed to $X in 2022. In general, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Singapore (X tons) constituted the largest baby food supplier to Malaysia, with a X% share of total imports. Moreover, baby food imports from Singapore exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. The Philippines (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Singapore amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and the Philippines (X% per year).

In value terms, the largest baby food suppliers to Malaysia were Thailand ($X), Singapore ($X) and the Netherlands ($X), together accounting for X% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average baby food import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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