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Malaysia - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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Malaysia: Quinoa Market Overview 2021

Quinoa Market Size in Malaysia

In 2020, the Malaysian quinoa market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. Overall, consumption, however, showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Quinoa Exports

Exports from Malaysia

In 2020, shipments abroad of quinoa increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. In general, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, quinoa exports skyrocketed to $X in 2020. Over the period under review, exports, however, saw a deep setback. Over the period under review, exports reached the maximum at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Singapore (X tonnes) 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, Viet Nam (X tonnes), ninefold.

From 2012 to 2020, the average annual rate of growth in terms of volume to Singapore totaled +X%.

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

From 2012 to 2020, the average annual growth rate of value to Singapore stood at +X%.

Export Prices by Country

In 2020, the average quinoa export price amounted to $X per tonne, growing by X% against the previous year. In general, export price indicated strong growth from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, quinoa export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per tonne), while the average price for exports to Viet Nam stood at $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore.

Quinoa Imports

Imports into Malaysia

In 2020, after three years of growth, there was decline in supplies from abroad of quinoa, when their volume decreased by -X% to X tonnes. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2019, and then shrank in the following year.

In value terms, quinoa imports shrank slightly to $X in 2020. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

Bolivia (X tonnes), Peru (X tonnes) and the U.S. (X tonnes) were the main suppliers of quinoa imports to Malaysia, with a combined X% share of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S., while imports for the other leaders experienced more modest paces of growth.

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

The U.S. 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 more modest paces of growth.

Import Prices by Country

The average quinoa import price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the import price, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quinoa in the world?
+
The countries with the highest volumes of quinoa consumption in 2020 were Peru (59K tonnes), Bolivia (35K tonnes) and the U.S. (33K tonnes), together accounting for 71% of global consumption. Germany, France, Canada, Ecuador and the UK lagged somewhat behind, together comprising a further 13%.
What are the largest producers of quinoa in the world?
+
The countries with the highest volumes of quinoa production in 2020 were Peru (98K tonnes), Bolivia (73K tonnes) and Ecuador (5.3K tonnes), together accounting for 98% of global production.
What are the leading suppliers of quinoa to Malaysia?
+
In value terms, Bolivia ($235K), Peru ($156K) and the U.S. ($91K) appeared to be the largest quinoa suppliers to Malaysia, together accounting for 82% of total imports.
What are the leading importers of quinoa from Malaysia?
+
In value terms, Singapore ($80K) remains the key foreign market for quinoa exports from Malaysia, comprising 95% of total exports. The second position in the ranking was occupied by Viet Nam ($3.8K), with a 4.5% share of total exports.
What is the average export price for quinoa in Malaysia?
+
In 2020, the average quinoa export price amounted to $8,536 per tonne, increasing by 10% against the previous year.
What is the average import price for quinoa in Malaysia?
+
The average quinoa import price stood at $2,817 per tonne in 2020, picking up by 2.1% against the previous year.

Product coverage:
• FCL 92 - Quinoa

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 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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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