Report Update Apr 1, 2024

Malaysia - Quinoa - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Quinoa Market 2024

Quinoa Market Size in Malaysia

The Malaysian quinoa market declined dramatically to $X in 2022, which is down 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). In general, consumption, however, recorded a resilient increase. Quinoa consumption peaked at $X in 2021, and then shrank remarkably in the following year.

Quinoa Exports

Exports from Malaysia

In 2022, the amount of quinoa exported from Malaysia fell sharply to X tons, with a decrease of X% against 2021 figures. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, quinoa exports declined markedly to $X in 2022. Overall, exports, however, saw resilient growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for quinoa exports from Malaysia, accounting for a X% share of total exports. Moreover, quinoa exports to Singapore exceeded the volume sent to the second major destination, Mauritius (X tons), twofold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (X% per year) and Vietnam (X% per year).

In value terms, Singapore ($X) remains the key foreign market for quinoa exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the average quinoa export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then shrank dramatically in the following year.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Quinoa Imports

Imports into Malaysia

In 2022, the amount of quinoa imported into Malaysia shrank rapidly to X tons, waning by X% compared with 2021 figures. Overall, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell dramatically in the following year.

In value terms, quinoa imports dropped sharply to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then declined remarkably in the following year.

Imports by Country

Bolivia (X tons), Peru (X tons) and Japan (X tons) were the main suppliers of quinoa imports to Malaysia, with a combined X% share of total imports. Singapore, Chile and the United States lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Peru ($X) and Japan ($X) appeared to be the largest quinoa suppliers to Malaysia, together accounting for X% of total imports. Singapore, Chile and the United States lagged somewhat behind, together comprising a further X%.

Singapore, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average quinoa import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a pronounced slump. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quinoa in the world?

The countries with the highest volumes of consumption in 2023 were Peru, Bolivia and the United States, together comprising 60% of global consumption. Spain, Canada, France, China, Germany, Italy, Ecuador and the Netherlands lagged somewhat behind, together comprising a further 23%.

What are the largest producers of quinoa in the world?

The countries with the highest volumes of production in 2022 were Peru, Bolivia and Spain, together accounting for 96% of global production.

What are the leading suppliers of quinoa to Malaysia?

In value terms, Bolivia, Peru and Japan were the largest quinoa suppliers to Malaysia, together comprising 85% of total imports. Singapore, Chile and the United States lagged somewhat behind, together comprising a further 14%.

What are the leading importers of quinoa from Malaysia?

In value terms, Singapore remains the key foreign market for quinoa exports from Malaysia, comprising 76% of total exports. The second position in the ranking was held by Mauritius, with a 17% share of total exports.

What is the average export price for quinoa in Malaysia?

The average quinoa export price stood at $6,402 per ton in 2022, shrinking by -26.7% against the previous year.

What is the average import price for quinoa in Malaysia?

In 2022, the average quinoa import price amounted to $2,574 per ton, with a decrease of -8.5% against the previous year.

This report provides an in-depth analysis of the quinoa 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 2030.

Product coverage:

FCL 92 - Quinoa

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:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023