Malaysia - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeach and Nectarine Price in Malaysia - 2021
Contents:
- Peach and Nectarine Price in Malaysia (CIF) - 2021
- Peach and Nectarine Price in Malaysia (FOB) - 2022
- Peach and Nectarine Imports in Malaysia
- Peach and Nectarine Exports in Malaysia
Peach and Nectarine Price in Malaysia (CIF) - 2021
In December 2021, the average peach and nectarine import price amounted to $3,308 per ton, picking up by 325% against the previous month. Over the period under review, the import price, however, showed a mild decline. The pace of growth was the most pronounced in April 2021 when the average import price increased by 579% month-to-month. Over the period under review, average import prices reached the maximum at $4,535 per ton in May 2021; however, from June 2021 to December 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Australia ($3,353 per ton), while the price for China ($408 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 Spain (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Peach and Nectarine Price in Malaysia (FOB) - 2022
In 2022, the average peach and nectarine export price amounted to $2,290 per ton, growing by 2.7% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, peach and nectarine export price decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 82% against the previous year. The export price peaked at $2,771 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($4,754 per ton), while the average price for exports to Thailand ($682 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 Oman (+31.1%), while the prices for the other major destinations experienced more modest paces of growth.
Peach and Nectarine Imports in Malaysia
In 2022, supplies from abroad of peaches and nectarines decreased by -33.3% to 1.3K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, peach and nectarine imports fell to $4.7M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of $5.6M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Peach and Nectarine in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,843 | 2,079 | 2,453 | 2,493 | 10.6% |
| China | 605 | 1,778 | 752 | 554 | -2.9% |
| Turkey | 48.9 | 222 | 319 | 398 | 101.2% |
| Japan | 96.8 | 105 | 128 | 349 | 53.3% |
| United States | 37.7 | 102 | 113 | 343 | 108.8% |
| Spain | 630 | 432 | 330 | 218 | -29.8% |
| South Korea | 218 | 222 | 183 | 130 | -15.8% |
| South Africa | 95.7 | 56.5 | 242 | 124 | 9.0% |
| Singapore | 201 | 201 | 270 | N/A | 15.9% |
| Others | 715 | 439 | 352 | 100 | -48.1% |
| Total | 4,491 | 5,637 | 5,142 | 4,708 | 1.6% |
Top Suppliers of Peach and Nectarine to Malaysia in 2022:
- Australia (663.0 tons)
- China (248.6 tons)
- Spain (77.5 tons)
- Turkey (77.4 tons)
- United States (76.9 tons)
- South Africa (54.8 tons)
- Japan (47.8 tons)
- South Korea (15.8 tons)
Peach and Nectarine Exports in Malaysia
For the fourth year in a row, Malaysia recorded growth in overseas shipments of peaches and nectarines, which increased by 5.3% to 28 tons in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, peach and nectarine exports expanded significantly to $64K in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Peach and Nectarine in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | 0.6 | 3.0 | 24.6 | 36.1 | 291.8% |
| Singapore | 1.6 | 7.1 | 7.3 | 24.3 | 147.6% |
| Indonesia | 1.5 | 1.8 | 1.6 | 2.0 | 10.1% |
| Vietnam | 0.1 | 6.1 | 22.7 | 0.6 | 81.7% |
| Thailand | N/A | N/A | 0.8 | 0.3 | -62.5% |
| Oman | 15.3 | 11.3 | N/A | N/A | -26.1% |
| Others | 0.1 | 2.3 | 2.7 | 1.2 | 128.9% |
| Total | 19.3 | 31.6 | 59.6 | 64.5 | 49.5% |
Top Export Markets for Peach and Nectarine from Malaysia in 2022:
- Brunei Darussalam (15.5 tons)
- Singapore (10.7 tons)
- Indonesia (1.1 tons)
- Thailand (0.5 tons)
- Vietnam (0.1 tons)
This report provides an in-depth analysis of the peach and nectarine 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 534 - Peaches and nectarines
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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