Malaysia: Tilapias Market 2022

Tilapias Market Size in Malaysia

The Malaysian tilapias market contracted to $X in 2021, remaining constant against the previous year. Over the period under review, consumption, however, showed a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Tilapias Production in Malaysia

In value terms, tilapias production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Tilapias production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Tilapias Exports

Exports from Malaysia

In 2021, overseas shipments of tilapias were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, tilapias exports amounted to $X in 2021. Overall, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X tons), the United States (X tons) and Vietnam (X tons) were the main destinations of tilapias exports from Malaysia, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of +X%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for tilapias exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2021, the average tilapias export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Tilapias Imports

Imports into Malaysia

In 2021, imports of tilapias into Malaysia skyrocketed to X tons, growing by X% against 2020. In general, imports continue to indicate a moderate increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, tilapias imports surged to $X in 2021. Overall, imports recorded resilient growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons) and Vietnam (X tons) were the main suppliers of tilapias imports to Malaysia.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +X value terms, China ($X) constituted the largest supplier of tilapias to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +X%.

Import Prices by Country

In 2021, the average tilapias import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tilapias import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Vietnam stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (-X%).

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :