Latest Report Update: Jun 8, 2021

Malaysia - Prepared Or Preserved Meat Or Offal Of Turkeys - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Malaysia: Preserved Turkey Market Overview 2021

Preserved Turkey Market Size in Malaysia

In 2020, the Malaysian preserved turkey market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, the total consumption indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2020 and is likely to continue growth in the immediate term.

Preserved Turkey Production in Malaysia

In value terms, preserved turkey production totaled $X in 2020 estimated in export prices. Over the period under review, the total production indicated a buoyant expansion from 2007 to 2020: its value 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, production increased by +X% against 2017 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, production reached the peak level in 2020 and is expected to retain growth in the immediate term.

Preserved Turkey Exports

Exports from Malaysia

In 2020, overseas shipments of prepared or preserved meat or offal of turkeys increased by X% to X tonnes, rising for the second consecutive year after four years of decline. Overall, exports recorded a strong increase. The pace of growth was the most pronounced in 2019 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, preserved turkey exports rose markedly to $X in 2020. In general, exports enjoyed a strong expansion. The growth pace was the most rapid in 2019 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for preserved turkey exports from Malaysia, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Hong Kong SAR totaled +X%.

In value terms, Hong Kong SAR ($X) also remains the key foreign market for preserved turkey exports from Malaysia.

From 2007 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR stood at +X%.

Export Prices by Country

The average preserved turkey export price stood at $X per tonne in 2020, growing by X% against the previous year. In general, the export price saw a strong increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum in 2020 and is expected to retain growth in years to come.

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

From 2007 to 2020, the rate of growth in terms of prices for Hong Kong SAR amounted to +X% per year.

Preserved Turkey Imports

Imports into Malaysia

In 2020, after three years of growth, there was significant decline in overseas purchases of prepared or preserved meat or offal of turkeys, when their volume decreased by -X% to X tonnes. Overall, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2010 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, preserved turkey imports fell significantly to $X in 2020. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Imports peaked at $X in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Spain (X tonnes) was the main supplier of preserved turkey to Malaysia, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Spain totaled +X%.

In value terms, Spain ($X) constituted the largest supplier of preserved turkey to Malaysia.

From 2007 to 2020, the average annual growth rate of value from Spain amounted to +X%.

Import Prices by Country

In 2020, the average preserved turkey import price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, import price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved turkey import price decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2016; however, from 2017 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2007 to 2020, the rate of growth in terms of prices for Spain amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared or preserved meat or offal of turkeys in the world?
+
China (1.2M tonnes) remains the largest preserved turkey consuming country worldwide, comprising approx. 21% of total volume. Moreover, preserved turkey consumption in China exceeded the figures recorded by the second-largest consumer, India (445K tonnes), threefold. The U.S. (307K tonnes) ranked third in terms of total consumption with a 5.4% share.
What are the largest producers of prepared or preserved meat or offal of turkeys in the world?
+
The country with the largest volume of preserved turkey production was China (1.2M tonnes), accounting for 21% of total volume. Moreover, preserved turkey production in China exceeded the figures recorded by the second-largest producer, India (445K tonnes), threefold. The third position in this ranking was occupied by the U.S. (319K tonnes), with a 5.6% share.
What are the leading suppliers of prepared or preserved meat or offal of turkeys to Malaysia?
+
In value terms, Spain ($20K) constituted the largest supplier of preserved turkey to Malaysia.
What are the leading importers of prepared or preserved meat or offal of turkeys from Malaysia?
+
In value terms, Hong Kong SAR ($728K) remains the key foreign market for preserved turkey exports from Malaysia.
What is the average export price for prepared or preserved meat or offal of turkeys in Malaysia?
+
The average preserved turkey export price stood at $6,855 per tonne in 2020, growing by 6.3% against the previous year.
What is the average import price for prepared or preserved meat or offal of turkeys in Malaysia?
+
In 2020, the average preserved turkey import price amounted to $4,671 per tonne, picking up by 19% against the previous year.

Product coverage:
• Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)

This report provides an in-depth analysis of the preserved turkey market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Malaysia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Malaysia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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