Malaysia - Apple - Market Analysis, Forecast, Size, Trends and Insights
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View PricingApple Price in Malaysia - 2021
Contents:
- Apple Price in Malaysia (CIF) - 2021
- Apple Price in Malaysia (FOB) - 2021
- Apple Imports in Malaysia
- Apple Exports in Malaysia
Apple Price in Malaysia (CIF) - 2021
In December 2021, the average apple import price amounted to $1,152 per ton, rising by 9.4% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $1,210 per ton in January 2021; afterwards, it flattened through to December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the United States ($1,919 per ton), while the price for Turkey ($973 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Apple Price in Malaysia (FOB) - 2021
The average apple export price stood at $1,103 per ton in December 2021, rising by 8.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in October 2021 when the average export price increased by 31% month-to-month. The export price peaked at $1,248 per ton in February 2021; however, from March 2021 to December 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Vietnam ($4,267 per ton), while the average price for exports to Thailand ($620 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Apple Imports in Malaysia
After three years of growth, supplies from abroad of apples decreased by less than 0.1% to 106K tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 0.4% against the previous year.
In value terms, apple imports shrank to $117M in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 6.7%. As a result, imports attained the peak of $121M, and then contracted modestly in the following year.
| Import of Apple in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.4 | 38.8 | 48.4 | 52.2 | 18.5% |
| South Africa | 48.8 | 36.8 | 40.1 | 34.7 | -10.7% |
| New Zealand | 11.9 | 12.6 | 13.4 | 10.3 | -4.7% |
| United States | 6.3 | 6.7 | 4.9 | 5.1 | -6.8% |
| Turkey | 2.7 | 3.6 | 4.0 | 4.4 | 17.7% |
| Singapore | 1.9 | 1.2 | 1.9 | 2.8 | 13.8% |
| France | 5.3 | 4.9 | 1.5 | 1.4 | -35.8% |
| Others | 11.4 | 9.1 | 6.9 | 6.3 | -17.9% |
| Total | 120 | 114 | 121 | 117 | -0.8% |
Top Suppliers of Apple to Malaysia in 2022:
- China (44.4K tons)
- South Africa (37.8K tons)
- New Zealand (5.9K tons)
- Turkey (5.5K tons)
- United States (3.6K tons)
- Singapore (2.0K tons)
- France (1.2K tons)
Apple Exports in Malaysia
Apple exports from Malaysia declined markedly to 1.6K tons in 2022, falling by -30.6% against the previous year. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 158%. As a result, the exports attained the peak of 2.3K tons, and then reduced rapidly in the following year.
In value terms, apple exports shrank notably to $1.8M in 2022. In general, exports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 114%. As a result, the exports attained the peak of $2.4M, and then fell significantly in the following year.
| Export of Apple in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 634 | 592 | 1,158 | 918 | 13.1% |
| Thailand | 108 | 86.2 | 438 | 284 | 38.0% |
| Indonesia | 159 | 212 | 287 | 189 | 5.9% |
| Brunei Darussalam | 165 | 104 | 268 | 175 | 2.0% |
| Vietnam | 142 | 41.6 | 104 | 73.5 | -19.7% |
| Bangladesh | 42.8 | 25.2 | 54.8 | 35.6 | -6.0% |
| Oman | 24.9 | 16.6 | 39.2 | 30.4 | 6.9% |
| Hong Kong SAR | 86.7 | 22.7 | 10.3 | 18.1 | -40.7% |
| Others | 63.7 | 23.5 | 39.1 | 37.3 | -16.3% |
| Total | 1,426 | 1,123 | 2,399 | 1,761 | 7.3% |
Top Export Markets for Apple from Malaysia in 2022:
- Singapore (540.2 tons)
- Thailand (528.4 tons)
- Indonesia (190.5 tons)
- Brunei Darussalam (133.5 tons)
- Bangladesh (55.7 tons)
- Vietnam (53.1 tons)
- Oman (30.6 tons)
- Hong Kong SAR (17.6 tons)
This report provides an in-depth analysis of the apple 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 2030.
Product coverage:
- FCL 515 - Apples
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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