Malaysia: Grapefruit Market Overview 2021

Grapefruit Market Size in Malaysia

In 2020, the Malaysian grapefruit market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption posted a moderate increase. The pace of growth appeared the most rapid in 2012 when the market value increased by X% y-o-y. Grapefruit consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Grapefruit Production in Malaysia

In value terms, grapefruit production declined to $X in 2020 estimated in export prices. Over the period under review, production recorded buoyant growth. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

In 2020, the average yield of grapefruits in Malaysia amounted to X tonnes per ha, with an increase of X% against 2019. Overall, the yield showed a strong increase. The pace of growth was the most pronounced in 2012 when the yield increased by X% y-o-y. The grapefruit yield peaked in 2020 and is likely to see gradual growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of grapefruits in Malaysia fell to X ha, dropping by -X% against 2019. In general, the harvested area showed a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to grapefruit production attained the peak figure at X ha in 2008; however, from 2009 to 2020, the harvested area failed to regain the momentum.

Grapefruit Exports

Exports from Malaysia

In 2020, overseas shipments of grapefruits were finally on the rise to reach X tonnes after two years of decline. Over the period under review, exports posted a resilient increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, grapefruit exports skyrocketed to $X in 2020. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Singapore (X tonnes) was the main destination for grapefruit exports from Malaysia, with a X% share of total exports. Moreover, grapefruit exports to Singapore exceeded the volume sent to the second major destination, Russia (X tonnes), eightfold. Hong Kong SAR (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 Singapore stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Hong Kong SAR (+X% per year).

In value terms, Singapore ($X) remains the key foreign market for grapefruit exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Hong Kong SAR (+X% per year).

Export Prices by Country

In 2020, the average grapefruit export price amounted to $X per tonne, falling by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Hong Kong SAR ($X per tonne), while the average price for exports to Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam, while the prices for the other major destinations experienced more modest paces of growth.

Grapefruit Imports

Imports into Malaysia

In 2020, the amount of grapefruits imported into Malaysia surged to X tonnes, increasing by X% on the year before. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at X tonnes in 2018; afterwards, it flattened through to 2020.

In value terms, grapefruit imports skyrocketed to $X in 2020. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

China (X tonnes), Turkey (X tonnes) and South Africa (X tonnes) were the main suppliers of grapefruit imports to Malaysia, together accounting for X% of total imports. Thailand and Egypt lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Thailand, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and South Africa ($X) appeared to be the largest grapefruit suppliers to Malaysia, with a combined X% share of total imports. Thailand and Egypt lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average grapefruit import price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, import price indicated a strong expansion from 2007 to 2020: its price 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. Based on 2020 figures, grapefruit import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum in 2020 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were China ($X per tonne) and South Africa ($X per tonne), while the price for Egypt ($X per tonne) and Thailand ($X per tonne) were amongst the lowest.

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

Source: IndexBox Platform