Malaysia: Melon Seed Market 2022

Melon Seed Market Size in Malaysia

In 2020, the Malaysian melon seed market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a noticeable slump. The pace of growth appeared the most rapid in 2018 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market failed to regain the momentum.

Melon Seed Exports

Exports from Malaysia

In 2020, exports of melon seed from Malaysia dropped rapidly to X kg, with a decrease of -X% compared with 2019. Over the period under review, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, melon seed exports shrank markedly to $X in 2020. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

Indonesia (X tonnes) was the main destination for melon seed exports from Malaysia, with a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Indonesia stood at +X%.

In value terms, Indonesia ($X) also remains the key foreign market for melon seed exports from Malaysia.

From 2012 to 2020, the average annual rate of growth in terms of value to Indonesia amounted to +X%.

Export Prices by Country

In 2020, the average melon seed export price amounted to $X per tonne, picking up by X% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2020, the rate of growth in terms of prices for Indonesia amounted to +X% per year.

Melon Seed Imports

Imports into Malaysia

In 2020, the amount of melon seed imported into Malaysia dropped rapidly to X tonnes, which is down by -X% against 2019. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, melon seed imports reduced markedly to $X in 2020. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2019 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) was the main melon seed supplier to Malaysia, accounting for a X% share of total imports. Moreover, melon seed imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tonnes), fourfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and India (+X% per year).

In value terms, China ($X) constituted the largest supplier of melon seed to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and Japan (+X% per year).

Import Prices by Country

The average melon seed import price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Taiwan (Chinese) ($X per tonne), while the price for Japan ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform