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

Vanilla Market Size in Malaysia

In 2020, after two years of growth, there was significant decline in the Malaysian vanilla market, when its value decreased by -X% to $X. Over the period under review, consumption, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Vanilla consumption peaked at $X in 2019, and then contracted rapidly in the following year.

Vanilla Exports

Exports from Malaysia

After two years of decline, shipments abroad of vanilla increased by X% to X tonnes in 2020. In general, exports enjoyed prominent growth. Over the period under review, exports attained the peak figure at X tonnes in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, vanilla exports soared to $X in 2020. Over the period under review, exports showed a slight contraction. Exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tonnes) was the main destination for vanilla exports from Malaysia, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Indonesia amounted to +X%.

From 2007 to 2020, the average annual growth rate of value to Indonesia stood at +X%.

Export Prices by Country

The average vanilla export price stood at $X per tonne in 2020, falling by -X% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2007 to 2020, the rate of growth in terms of prices for Indonesia amounted to -X% per year.

Vanilla Imports

Imports into Malaysia

Vanilla imports into Malaysia contracted markedly to X tonnes in 2020, waning by -X% on the previous year's figure. Over the period under review, imports, however, posted a measured expansion. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, vanilla imports dropped dramatically to $X in 2020. In general, imports, however, continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2019, and then contracted significantly in the following year.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest supplier of vanilla to Malaysia, with a X% share of total imports. Moreover, vanilla imports from the U.S. exceeded the figures recorded by the second-largest supplier, Thailand (X tonnes), fivefold. France (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and France (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of vanilla to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The average vanilla import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($X per tonne), while the price for Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), 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 vanilla in the world?
+
Indonesia (2.3K tonnes) constituted the country with the largest volume of vanilla consumption, comprising approx. 32% of total volume. Moreover, vanilla consumption in Indonesia exceeded the figures recorded by the second-largest consumer, the U.S. (941 tonnes), twofold. The third position in this ranking was occupied by Mexico (528 tonnes), with a 7.1% share.
What are the largest producers of vanilla in the world?
+
The countries with the highest volumes of vanilla production in 2020 were Indonesia (2.5K tonnes), Madagascar (2.3K tonnes) and Mexico (532 tonnes), together comprising 73% of global production. These countries were followed by Papua New Guinea, China, Turkey and Uganda, which together accounted for a further 21%.
What are the leading suppliers of vanilla to Malaysia?
+
In value terms, the U.S. ($166K) constituted the largest supplier of vanilla to Malaysia, comprising 63% of total imports. The second position in the ranking was occupied by France ($42K), with a 16% share of total imports. It was followed by Thailand, with a 8.9% share.
What is the average export price for vanilla in Malaysia?
+
In 2020, the average vanilla export price amounted to $1,333 per tonne, waning by -78.7% against the previous year.
What is the average import price for vanilla in Malaysia?
+
The average vanilla import price stood at $4,210 per tonne in 2020, with a decrease of -22.7% against the previous year.

Product coverage:
• FCL 692 - Vanilla

This report provides an in-depth analysis of the vanilla 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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