Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Malaysia - 2023
Contents:
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia (CIF) - 2022
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia (FOB) - 2022
- Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia
- Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia (CIF) - 2022
In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $13,753 per ton, reducing by -6% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses increased by +60.4% against 2018 indices. The growth pace was the most rapid in 2020 an increase of 26% against the previous year. The import price peaked at $14,637 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($30,003 per ton), while the price for Australia ($3,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia (FOB) - 2022
The average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $11,487 per ton in 2022, falling by -14.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 47% against the previous year. As a result, the export price attained the peak level of $17,544 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($16,120 per ton), while the average price for exports to Singapore totaled $11,006 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia
In 2022, approx. 391 tons of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses were imported into Malaysia; dropping by -3.1% compared with the previous year's figure. In general, imports saw a abrupt shrinkage.
In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses dropped to $5.4M in 2022. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. As a result, imports attained the peak of $7.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,312 | 4,054 | 3,597 | 3,068 | -10.7% |
| Singapore | 845 | 1,485 | 1,033 | 1,038 | 7.1% |
| Indonesia | 481 | 1,139 | 339 | 743 | 15.6% |
| Thailand | 141 | 271 | 215 | 201 | 12.5% |
| India | 65.1 | 219 | 70.3 | 98.6 | 14.8% |
| Australia | 29.3 | 42.6 | 39.5 | 37.1 | 8.2% |
| Taiwan (Chinese) | 346 | 147 | 29.1 | 14.5 | -65.3% |
| Others | 306 | 450 | 589 | 182 | -15.9% |
| Total | 6,526 | 7,808 | 5,911 | 5,383 | -6.2% |
Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Malaysia in 2022:
- China (199.8 tons)
- Indonesia (114.5 tons)
- Singapore (34.6 tons)
- Thailand (12.1 tons)
- Australia (10.6 tons)
- India (6.0 tons)
- Taiwan (Chinese) (3.6 tons)
Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia
In 2022, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses from Malaysia soared to 3.3 tons, picking up by 88% against the year before. Over the period under review, exports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2020 when exports increased by 134% against the previous year. As a result, the exports reached the peak of 8.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses surged to $38K in 2022. Overall, exports recorded a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by 144%. As a result, the exports reached the peak of $79K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 28.8 | 50.7 | 13.0 | 34.8 | 6.5% |
| Brunei Darussalam | 3.1 | N/A | 3.6 | 2.4 | -8.2% |
| France | N/A | N/A | 1.3 | N/A | 0% |
| Philippines | N/A | 2.1 | N/A | N/A | 0% |
| Myanmar | N/A | 21.9 | N/A | N/A | 0% |
| Others | 0.3 | 3.9 | 6.0 | 1.2 | 58.7% |
| Total | 32.2 | 78.6 | 23.9 | 38.4 | 6.0% |
Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Malaysia in 2022:
- Singapore (3.2 tons)
- Brunei Darussalam (0.1 tons)
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