Malaysia: Milled Rice Market 2020

Milled Rice Market Size in Malaysia

The revenue of the milled rice market in Malaysia amounted to $X in 2018, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the milled rice market reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Milled Rice Production in Malaysia

In value terms, milled rice production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated a mild expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice production decreased by -X% against 2015 indices. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, milled rice production reached its peak figure level at $X in 2015; however, from 2016 to 2018, production remained at a lower figure.

Average yield of milled rice in Malaysia stood at X ton per ha in 2018, picking up by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2017 when yield increased by X% against the previous year. Milled rice yield peaked in 2018 and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Milled rice harvested area in Malaysia totaled X ha in 2018, stabilizing at the previous year. In general, the milled rice harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to milled rice production attained its maximum in 2018 and is likely to continue its growth in the near future.

Milled Rice Exports

Exports from Malaysia

In 2018, approx. X tons of milled rice were exported from Malaysia; growing by X% against the previous year. Overall, milled rice exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, milled rice exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, milled rice exports totaled $X in 2018. Over the period under review, milled rice exports continue to indicate an outstanding increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, milled rice exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Senegal (X tons), Indonesia (X tons) and Mauritania (X tons) were the main destinations of milled rice exports from Malaysia, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Indonesia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for milled rice exported from Malaysia were Indonesia ($X), Senegal ($X) and Mauritania ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Indonesia (+X% per year) experienced the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, going up by X% against the previous year. Over the period under review, the milled rice export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per ton), while the average price for exports to Togo ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into Malaysia

Milled rice imports into Malaysia stood at X tons in 2018, growing by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, milled rice imports reached their maximum at X tons in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, milled rice imports totaled $X in 2018. Over the period under review, milled rice imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, milled rice imports reached their peak of $X. From 2009 to 2018, the growth of milled rice imports remained at a somewhat lower figure.

Imports by Country

Thailand (X tons), Vietnam (X tons) and Cambodia (X tons) were the main suppliers of milled rice imports to Malaysia, together comprising X% of total imports. These countries were followed by India, Pakistan and Myanmar, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest milled rice suppliers to Malaysia were Thailand ($X), Vietnam ($X) and Cambodia ($X), together accounting for X% of total imports. These countries were followed by India, Pakistan and Myanmar, which together accounted for a further X the main suppliers, India experienced the highest growth rate of market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average milled rice import price stood at $X per ton in 2018, surging by X% against the previous year. Over the period under review, the import price indicated a moderate expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. In that year, the average import prices for milled rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for milled rice failed to regain its momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform