Price for Cereals; Rye, Other than Seed in Malaysia - 2023

Contents:

  1. Price for Cereals; Rye, Other than Seed in Malaysia (CIF) - 2022
  2. Imports of Cereals; Rye, Other than Seed in Malaysia

Price for Cereals; Rye, Other than Seed in Malaysia (CIF) - 2022

The average import price for cereals; rye, other than seeds stood at $1,437 per ton in 2022, surging by 27% against the previous year. Over the period under review, the import price, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 65%. Over the period under review, average import prices reached the peak figure at $1,661 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +26.1% per year.

Imports of Cereals; Rye, Other than Seed in Malaysia

For the fourth consecutive year, Malaysia recorded growth in supplies from abroad of cereals; rye, other than seeds, which increased by 128% to 2.4 tons in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; rye, other than seed imports surged to $3.4K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereals; Rye, Other than Seed in Malaysia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2232446193,406148.1%
Finland401394433N/A3.9%
India11.0221124N/A235.7%
OthersN/AN/AN/AN/A0%
Total6358591,1763,40675.0%

Top Suppliers of Cereals; Rye, Other than Seed to Malaysia in 2022:

  1. Australia (2.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; rye, other than seed - Malaysia