Malaysia: Market for Rusks, Toasted Bread and Similar Toasted Products 2024

Market Size for Rusks, Toasted Bread and Similar Toasted Products in Malaysia

The Malaysian rusks and toasted bread market rose sharply to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Rusks, Toasted Bread and Similar Toasted Products in Malaysia

In value terms, rusks and toasted bread production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Rusks, Toasted Bread and Similar Toasted Products

Exports from Malaysia

In 2022, overseas shipments of rusks, toasted bread and similar toasted products decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, rusks and toasted bread exports reduced dramatically to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons), Pakistan (X tons) and Thailand (X tons) were the main destinations of rusks and toasted bread exports from Malaysia, together comprising X% of total exports. Mexico, Singapore, Indonesia, the United Arab Emirates, the UK, Spain, Bangladesh, the United States, Brunei Darussalam and Myanmar lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rusks and toasted bread exported from Malaysia were Russia ($X), Thailand ($X) and Singapore ($X), with a combined X% share of total exports. Pakistan, Indonesia, the United States, Mexico, Bangladesh, the UK, Brunei Darussalam, the United Arab Emirates, Spain and Myanmar lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average rusks and toasted bread export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rusks, Toasted Bread and Similar Toasted Products

Imports into Malaysia

In 2022, approx. X tons of rusks, toasted bread and similar toasted products were imported into Malaysia; picking up by X% on the previous year. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, rusks and toasted bread imports surged to $X in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Bangladesh (X tons) constituted the largest supplier of rusks and toasted bread to Malaysia, accounting for a X% share of total imports. Moreover, rusks and toasted bread imports from Bangladesh exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bangladesh amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).

In value terms, the largest rusks and toasted bread suppliers to Malaysia were Indonesia ($X), Bangladesh ($X) and China ($X), with a combined X% share of total imports. India, Thailand, Bulgaria and the UK lagged somewhat behind, together accounting for a further X%.

Thailand, 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 more modest paces of growth.

Import Prices by Country

The average rusks and toasted bread import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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