Malaysia: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Malaysia

In 2021, after three years of growth, there was significant decline in the Malaysian concentrated orange juice market, when its value decreased by -7.6% to $X. The market value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2020, and then dropped in the following year.

Concentrated Orange Juice Production in Malaysia

In value terms, concentrated orange juice production fell modestly to $X in 2021 estimated in export price. Overall, production, however, recorded a mild descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 11%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Concentrated Orange Juice Exports

Exports from Malaysia

In 2021, overseas shipments of concentrated orange juice increased by 104% to X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, recorded a deep reduction. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, concentrated orange juice exports soared to $X in 2021. Overall, exports, however, saw a abrupt curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons), Brunei Darussalam (X tons) and Pakistan (X tons) were the main destinations of concentrated orange juice exports from Malaysia, with a combined 61% share of total exports. Seychelles, Vietnam, the Netherlands, Tonga, Singapore and Indonesia lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +34.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concentrated orange juice exported from Malaysia were Brunei Darussalam ($X), Seychelles ($X) and Thailand ($X), with a combined 63% share of total exports. Pakistan, Vietnam, the Netherlands, Singapore, Tonga and Indonesia lagged somewhat behind, together accounting for a further 30%.

Among the main countries of destination, the Netherlands, with a CAGR of +7.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average concentrated orange juice export price amounted to $X per ton, falling by -15.3% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 7.5%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Seychelles ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Orange Juice Imports

Imports into Malaysia

After two years of decline, purchases abroad of concentrated orange juice increased by 2.4% to X tons in 2021. Over the period under review, imports, however, saw a noticeable downturn. The growth pace was the most rapid in 2016 when imports increased by 21%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, concentrated orange juice imports expanded markedly to $X in 2021. Overall, imports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 12%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) constituted the largest supplier of concentrated orange juice to Malaysia, with a 49% share of total imports. Moreover, concentrated orange juice imports from Brazil exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Singapore (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+3.1% per year) and Singapore (+4.2% per year).

In value terms, Brazil ($X), the Netherlands ($X) and Singapore ($X) constituted the largest concentrated orange juice suppliers to Malaysia, together accounting for 78% of total imports. Italy, Australia, Turkey, Cyprus and China lagged somewhat behind, together accounting for a further 18%.

Australia, with a CAGR of +29.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concentrated orange juice import price stood at $X per ton in 2021, rising by 6.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 21% against the previous year. The import price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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