Malaysia - Strawberries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStrawberry Price in Malaysia - 2021
Contents:
- Strawberry Price in Malaysia (CIF) - 2021
- Strawberry Price in Malaysia (FOB) - 2022
- Strawberry Imports in Malaysia
- Strawberry Exports in Malaysia
Strawberry Price in Malaysia (CIF) - 2021
In December 2021, the average strawberry import price amounted to $5,496 per ton, rising by 98% against the previous month. In general, the import price saw a relatively flat trend pattern. The import price peaked at $8,122 per ton in February 2021; however, from March 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($14,755 per ton), while the price for Egypt ($2,982 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 Australia (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Strawberry Price in Malaysia (FOB) - 2022
In 2022, the average strawberry export price amounted to $11,077 per ton, with a decrease of -15.4% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 96% against the previous year. The export price peaked at $13,099 per ton in 2021, and then dropped markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +18.2% per year.
Strawberry Imports in Malaysia
Strawberry imports into Malaysia shrank to 2.3K tons in 2022, waning by -8.8% compared with 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of 2.6K tons, and then dropped in the following year.
In value terms, strawberry imports totaled $16M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Strawberry in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.4 | 4.1 | 4.3 | 4.1 | 6.4% |
| South Korea | 4.8 | 4.1 | 4.8 | 4.0 | -5.9% |
| United States | 0.9 | 1.2 | 2.6 | 2.8 | 46.0% |
| Egypt | 0.9 | 1.0 | 1.9 | 2.5 | 40.6% |
| Japan | 0.1 | 0.1 | 1.0 | 1.2 | 128.9% |
| Turkey | N/A | N/A | 0.4 | 0.5 | 25.0% |
| South Africa | N/A | N/A | N/A | 0.3 | 0% |
| Greece | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| New Zealand | 0.6 | 0.6 | 0.2 | 0.1 | -45.0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 10.8 | 11.4 | 15.5 | 15.7 | 13.3% |
Top Suppliers of Strawberry to Malaysia in 2022:
- Egypt (845.1 tons)
- Australia (469.4 tons)
- United States (395.4 tons)
- South Korea (311.8 tons)
- Japan (118.2 tons)
- Turkey (92.7 tons)
- South Africa (39.1 tons)
- New Zealand (30.7 tons)
- Greece (24.8 tons)
Strawberry Exports in Malaysia
In 2022, the amount of strawberries exported from Malaysia was estimated at 23 tons, almost unchanged from the previous year. The total export volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 10%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, strawberry exports declined to $251K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 116%.
| Export of Strawberry in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 21.4 | 180 | 288 | 246 | 125.7% |
| Oman | 60.0 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 0.9 | 5.8 | 5.5 | 35.7% |
| Total | 83.6 | 181 | 294 | 251 | 44.3% |
Top Export Markets for Strawberry from Malaysia in 2022:
- Singapore (22.3 tons)
This report provides an in-depth analysis of the strawberry 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 544 - Strawberries
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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