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

Sorghum Market Size in Malaysia

In 2020, the Malaysian sorghum market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, saw a deep downturn. Sorghum consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Sorghum Production in Malaysia

In value terms, sorghum production surged to $X in 2020 estimated in export prices. In general, the total production indicated a temperate 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. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

In 2020, the average yield of sorghum in Malaysia totaled X kg per ha, approximately equating 2019. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of sorghum were harvested in Malaysia; remaining relatively unchanged against the previous year. Over the period under review, the harvested area saw a relatively flat trend pattern.

Sorghum Exports

Exports from Malaysia

In 2020, overseas shipments of sorghum decreased by -X% to X tonnes for the first time since 2014, thus ending a five-year rising trend. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2019, and then dropped notably in the following year.

In value terms, sorghum exports surged to $X in 2020. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure in 2020 and are likely to see steady growth in the near future.

Exports by Country

Pakistan (X tonnes) was the main destination for sorghum exports from Malaysia, with a X% share of total exports. Moreover, sorghum exports to Pakistan exceeded the volume sent to the second major destination, Nigeria (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Pakistan was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Pakistan was relatively modest.

Export Prices by Country

The average sorghum export price stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the export price saw a resilient expansion. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan.

Sorghum Imports

Imports into Malaysia

In 2020, the amount of sorghum imported into Malaysia skyrocketed to X tonnes, with an increase of X% on the previous year's figure. Over the period under review, imports, however, showed a abrupt descent. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, sorghum imports skyrocketed to $X in 2020. Overall, imports, however, recorded a deep contraction. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

India (X tonnes), the U.S. (X tonnes) and Australia (X tonnes) were the main suppliers of sorghum imports to Malaysia, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Australia (+X% per year), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest sorghum suppliers to Malaysia were India ($X), the U.S. ($X) and Australia ($X), with a combined X% share of total imports.

Australia (+X% per year) recorded the highest growth rate of 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

In 2020, the average sorghum import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2020 and is likely to see gradual growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sorghum in the world?
+
The countries with the highest volumes of sorghum consumption in 2020 were China (8.6M tonnes), Nigeria (6.5M tonnes) and Ethiopia (5.7M tonnes), together comprising 37% of global consumption.
What are the largest producers of sorghum in the world?
+
The countries with the highest volumes of sorghum production in 2020 were the U.S. (8.4M tonnes), Nigeria (6.5M tonnes) and Ethiopia (5.6M tonnes), together accounting for 35% of global production.
What are the leading suppliers of sorghum to Malaysia?
+
In value terms, the largest sorghum suppliers to Malaysia were India ($189K), the U.S. ($100K) and Australia ($43K), with a combined 98% share of total imports.
What is the average export price for sorghum in Malaysia?
+
The average sorghum export price stood at $581 per tonne in 2020, jumping by 146% against the previous year.
What is the average import price for sorghum in Malaysia?
+
The average sorghum import price stood at $614 per tonne in 2020, growing by 26% against the previous year.

Product coverage:
• FCL 83 - Sorghum

This report provides an in-depth analysis of the sorghum 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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