Malaysia: Oat Market Overview 2021

Oat Market Size in Malaysia

For the seventh consecutive year, the Malaysian oat market recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption showed significant growth. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the near future.

Oat Exports

Exports from Malaysia

In 2019, shipments abroad of oats decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Over the period under review, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Exports peaked at X tonnes in 2009; however, from 2010 to 2019, exports failed to regain the momentum.

In value terms, oat exports contracted significantly to $X in 2019. In general, exports showed a deep slump. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2019, exports remained at a lower figure.

Exports by Country

Singapore (X tonnes) was the main destination for oat exports from Malaysia, accounting for a X% share of total exports. Moreover, oat exports to Singapore exceeded the volume sent to the second major destination, Kuwait (X tonnes), threefold. Seychelles (X tonnes) ranked third in terms of total exports with a X% share.

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

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

From 2007 to 2019, the average annual growth rate of value to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Seychelles (+X% per year) and Kuwait (-X% per year).

Export Prices by Country

In 2019, the average oat export price amounted to $X per tonne, with a decrease of -X% against the previous year. Overall, export price indicated a perceptible expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, oat export price decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Brunei Darussalam ($X per tonne), while the average price for exports to Kuwait ($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 Brunei Darussalam, while the prices for the other major destinations experienced mixed trend patterns.

Oat Imports

Imports into Malaysia

In 2019, imports of oats into Malaysia surged to X tonnes, rising by X% against the year before. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oat imports soared to $X in 2019. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, the U.S. (X tonnes) constituted the largest supplier of oat to Malaysia, accounting for a X% share of total imports. Moreover, oat imports from the U.S. exceeded the figures recorded by the second-largest supplier, Australia (X tonnes), fourfold. The third position in this ranking was occupied by Canada (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Canada (+X% per year).

In value terms, the largest oat suppliers to Malaysia were the U.S. ($X), Australia ($X) and Singapore ($X), together accounting for X% of total imports.

Singapore recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oat import price stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. In general, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2009; however, from 2010 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Singapore, 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 oats in the world?

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The countries with the highest volumes of oat consumption in 2019 were Russia (4.4M tonnes), Canada (2.5M tonnes) and the U.S. (2.2M tonnes), with a combined 38% share of global consumption. China, Poland, Australia, the UK, Germany, Spain, Brazil, Finland, Argentina and Sweden lagged somewhat behind, together accounting for a further 39%.

What are the largest producers of oats in the world?

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The countries with the highest volumes of oat production in 2019 were Russia (4.4M tonnes), Canada (4.2M tonnes) and Poland (1.2M tonnes), together comprising 42% of global production. These countries were followed by Finland, Australia, the UK, China, Brazil, Spain, the U.S., Sweden, Argentina and Germany, which together accounted for a further 37%.

What are the leading suppliers of oats to Malaysia?

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In value terms, the U.S. ($2.1M), Australia ($1.1M) and Singapore ($1M) were the largest oat suppliers to Malaysia, with a combined 79% share of total imports.

What are the leading importers of oats from Malaysia?

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In value terms, Singapore ($58K) remains the key foreign market for oat exports from Malaysia, comprising 70% of total exports. The second position in the ranking was occupied by Seychelles ($10K), with a 12% share of total exports. It was followed by Kuwait, with a 11% share.

What is the average export price for oats in Malaysia?

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In 2019, the average oat export price amounted to $1,572 per tonne, which is down by -1.9% against the previous year.

What is the average import price for oats in Malaysia?

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In 2019, the average oat import price amounted to $343 per tonne, approximately reflecting the previous year.