Malaysia: Lentil Market Overview 2021

Lentil Market Size in Malaysia

The Malaysian lentil market dropped sharply to $X in 2020, declining 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). Overall, consumption, however, saw a prominent expansion. 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 hit record highs at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Lentil Exports

Exports from Malaysia

After two years of decline, overseas shipments of lentils increased by X% to X tonnes in 2020. In general, exports saw resilient growth. Over the period under review, exports reached the peak figure at X tonnes in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, lentil exports soared to $X in 2020. Over the period under review, exports posted buoyant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tonnes), the United Arab Emirates (X tonnes) and Thailand (X tonnes) were the main destinations of lentil exports from Malaysia, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for lentil exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Thailand, 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: the United Arab Emirates (+X% per year) and Thailand (+X% per year).

Export Prices by Country

The average lentil export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Over the period under review, export price indicated a mild increase 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, lentil export price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per tonne), while the average price for exports to Indonesia ($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 Singapore, while the prices for the other major destinations experienced more modest paces of growth.

Lentil Imports

Imports into Malaysia

In 2020, supplies from abroad of lentils decreased by -X% to X tonnes, falling for the second year in a row after six years of growth. Over the period under review, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, lentil imports dropped to $X in 2020. Overall, imports, however, saw resilient growth. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Imports peaked at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tonnes), Canada (X tonnes) and Sri Lanka (X tonnes) were the main suppliers of lentil imports to Malaysia, with a combined X% share of total imports. Myanmar, the United Arab Emirates, Australia and Ukraine lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine, while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Canada ($X) and Myanmar ($X) were the largest lentil suppliers to Malaysia, together comprising X% of total imports. These countries were followed by Sri Lanka, the United Arab Emirates, Australia and Ukraine, which together accounted for a further X terms of the main suppliers, Ukraine saw 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

In 2020, the average lentil import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Myanmar ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lentils in the world?

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India (2.3M tonnes) remains the largest lentil consuming country worldwide, accounting for 32% of total volume. Moreover, lentil consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh (680K tonnes), threefold. Turkey (565K tonnes) ranked third in terms of total consumption with a 7.9% share.

What are the largest producers of lentils in the world?

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Canada (3.2M tonnes) constituted the country with the largest volume of lentil production, accounting for 43% of total volume. Moreover, lentil production in Canada exceeded the figures recorded by the second-largest producer, India (1.3M tonnes), threefold. The third position in this ranking was occupied by Australia (983K tonnes), with a 13% share.

What are the leading suppliers of lentils to Malaysia?

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In value terms, the largest lentil suppliers to Malaysia were Turkey ($2.1M), Canada ($1.2M) and Myanmar ($795K), with a combined 69% share of total imports. Sri Lanka, the United Arab Emirates, Australia and Ukraine lagged somewhat behind, together accounting for a further 23%.

What are the leading importers of lentils from Malaysia?

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In value terms, Singapore ($432K) remains the key foreign market for lentil exports from Malaysia, comprising 61% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($208K), with a 30% share of total exports. It was followed by Thailand, with a 5.7% share.

What is the average export price for lentils in Malaysia?

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The average lentil export price stood at $1,078 per tonne in 2020, with a decrease of -6.1% 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 $763 per tonne in 2020, with an increase of 23% against the previous year.

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