Malaysia: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2022

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Malaysia

In 2021, the Malaysian fruit or nut preserves market increased by 6.3% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Fruit or nut preserves consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Malaysia

In value terms, fruit or nut preserves production expanded modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 38% against the previous year. Fruit or nut preserves production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Malaysia

For the third consecutive year, Malaysia recorded growth in overseas shipments of jams, marmalades, fruit jellies, fruit or nut purees and pastes, which increased by 19% to X tons in 2021. The total export volume increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, fruit or nut preserves exports soared to $X in 2021. In general, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +8.3% against 2017 indices. The pace of growth was the most pronounced in 2017 when exports increased by 52%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Singapore (X tons), Indonesia (X tons) and China (X tons) were the main destinations of fruit or nut preserves exports from Malaysia, with a combined 46% share of total exports. These countries were followed by Thailand, the United Arab Emirates, Saudi Arabia, Australia, Japan, the Philippines, Vietnam, Brunei Darussalam, Maldives, Kuwait and the United States, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were in Kuwait (with a CAGR of +53.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fruit or nut preserves exported from Malaysia were Singapore ($X), China ($X) and Indonesia ($X), with a combined 42% share of total exports. These countries were followed by Thailand, Saudi Arabia, the United Arab Emirates, Japan, Australia, Kuwait, Vietnam, the Philippines, Maldives, Brunei Darussalam and the United States, which together accounted for a further 43%.

Among the main countries of destination, Kuwait, with a CAGR of +67.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fruit or nut preserves export price stood at $X per ton in 2021, rising by 9.1% against the previous year. In general, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fruit or nut preserves export price increased by +18.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 33%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Brunei Darussalam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Malaysia

After two years of decline, purchases abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes increased by 27% to X tons in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, fruit or nut preserves imports skyrocketed to $X in 2021. In general, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Thailand (X tons), China (X tons) and the Philippines (X tons) were the main suppliers of fruit or nut preserves imports to Malaysia, together comprising 48% of total imports. These countries were followed by Taiwan (Chinese), India, Indonesia, the United Arab Emirates, France, the UK, Australia, Italy, the United States, Germany and Belgium, which together accounted for a further 43%.

From 2012 to 2021, the biggest increases were in the United Arab Emirates (with a CAGR of +36.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit or nut preserves suppliers to Malaysia were Thailand ($X), France ($X) and Taiwan (Chinese) ($X), with a combined 34% share of total imports. These countries were followed by China, Indonesia, Italy, Australia, the Philippines, the UK, the United Arab Emirates, the United States, Germany, India and Belgium, which together accounted for a further 48%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +35.3%, recorded 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

The average fruit or nut preserves import price stood at $X per ton in 2021, approximately equating the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 8%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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