Malaysia: Lentil Market Overview 2021

Lentil Market Size in Malaysia

The Malaysian lentil market stood at $X in 2019, flattening at 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). Over the period under review, consumption, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Lentil Exports

Exports from Malaysia

In 2019, overseas shipments of lentils decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Overall, exports saw a noticeable curtailment. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports remained at a lower figure.

In value terms, lentil exports dropped modestly to $X in 2019. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

Singapore (X tonnes) was the main destination for lentil exports from Malaysia, with a X% share of total exports. Moreover, lentil exports to Singapore exceeded the volume sent to the second major destination, the U.S. (X tonnes), twofold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Singapore totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and the UK (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value to Singapore stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and the UK (-X% per year).

Export Prices by Country

The average lentil export price stood at $X per tonne in 2019, picking up by X% against the previous year. Overall, export price indicated a mild increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Singapore ($X per tonne), while the average price for exports to India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced a decline.

Lentil Imports

Imports into Malaysia

In 2019, after six years of growth, there was decline in purchases abroad of lentils, when their volume decreased by -X% to X tonnes. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018, and then dropped modestly in the following year.

In value terms, lentil imports expanded modestly to $X in 2019. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

Turkey (X tonnes), Canada (X tonnes) and the United Arab Emirates (X tonnes) were the main suppliers of lentil imports to Malaysia, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in the United Arab Emirates (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Canada ($X) and the United Arab Emirates ($X) constituted the largest lentil suppliers to Malaysia, with a combined X% share of total imports.

Among the main suppliers, the United Arab Emirates (+X% per year) 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

In 2019, the average lentil import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2009; however, from 2010 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Malawi ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ukraine, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lentils in the world?

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India (2M tonnes) constituted the country with the largest volume of lentil consumption, comprising approx. 27% of total volume. Moreover, lentil consumption in India exceeded the figures recorded by the second-largest consumer, Canada (984K tonnes), twofold. The third position in this ranking was occupied by Turkey (657K tonnes), with a 8.7% share.

What are the largest producers of lentils in the world?

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Canada (3.1M tonnes) remains the largest lentil producing country worldwide, accounting for 45% of total volume. Moreover, lentil production in Canada exceeded the figures recorded by the second-largest producer, India (1.2M tonnes), threefold. Australia (534K tonnes) ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of lentils to Malaysia?

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In value terms, Turkey ($1.9M), Canada ($1.6M) and the United Arab Emirates ($1.2M) appeared to be the largest lentil suppliers to Malaysia, together accounting for 73% of total imports.

What are the leading importers of lentils from Malaysia?

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In value terms, Singapore ($80K) remains the key foreign market for lentil exports from Malaysia, comprising 38% of total exports. The second position in the ranking was occupied by the U.S. ($34K), with a 16% share of total exports. It was followed by the UK, with a 13% share.

What is the average export price for lentils in Malaysia?

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The average lentil export price stood at $1,148 per tonne in 2019, picking up by 12% against the previous year.

What is the average import price for lentils in Malaysia?

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The average lentil import price stood at $618 per tonne in 2019, surging by 4.4% against the previous year.