Malaysian Fruit Market Is Expected to See Moderate Growth

IndexBox has just published a new report "Malaysia: Fruits - Market Report. Analysis And Forecast To 2025". Here is a summary of the report's key findings.

Fruit Consumption in Malaysia Has Increased over the Past Two Years

In 2016, fruit consumption in Malaysia attained a figure of X tons, which was X tons (or -X%) less than in 2015. In value terms, however, the Malaysian fruit market indicated a significant growth, reaching $X in 2016. This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which shall be included in the final consumer price).

The share of imports in terms of the total consumption hovered around X% from 2007-2016, remaining constant over the period under review. It means that demand is largely met by the country's domestic fruit production; there are certain types of products, however, that Malaysia only imports and does not produce. In value terms, the share of imports increased gradually from X% in 2007 to X% in 2016, due to increasing import prices.

Pineapples (X%) and bananas (X%), mangoes, mangosteens, guavas (X%), fruit (fresh) (X%), oranges (X%), apples (X%) and tangerines, mandarins, clementines, satsumas (X%) constitute the most consumed types of fruit in Malaysia, together accounting for approximately X% of the total consumption.

The Malaysian Fruit Market Is Expected to See Moderate Growth in the Medium Term

Fruits constitute a kind of staple food in Malaysia, as well as in the other Asian countries; therefore, no drastic changes in consumer preferences are expected in the immediate term. Fruit consumption is set to continue to grow at a moderate pace, driven by population growth and the rise in income levels. In addition, development of storage technologies and packaging, as well as marketing programmes aimed at promoting healthy, balanced nutrition should also support the growth of the market. Market performance is forecast to continue its upward trend, expanding with an anticipated CAGR of +X% over the nine-year period from 2016 to 2025, which is expected to bring the market volume to X tons by 2025.

Fruit Output Decreased Slightly in the Last Year

Fruit production in Malaysia amounted to X tons in 2016, dropping by -X% against 2015. Overall, the output of fruit indicated a robust growth from 2007 to 2016, with a CAGR of +X%.

In 2016, the harvested areas of fruits in Malaysia stood at X ha, experiencing a steady expansion over the period under review.

The average yield stood at X ton/ha in 2016. Fruit production is affected by many external factors, ranging from climatic conditions and ecology, to the anthropogenic factor. Weather is one of the major risks and a potential constraint to Malaysian fruit production; therefore, the changing climatic conditions represent a significant concern for farmers.

Pineapples and Bananas Remain the Most Produced Types of Fruit in Malaysia

Pineapples (X%, based on tons) and bananas (X%) comprised the highest shares of the total fruit output in Malaysia. They were followed by mangoes, mangosteens, guavas (X%), papayas (X%) and other fresh fruits (X%).

In terms of the total production, mangoes, mangosteens, guavas constituted the fastest growing type of fruit, with output increasing with a CAGR of +X% from 2007-2016. Papayas (+X% per year), pineapples (+X% per year), bananas (+X% per year), and fruit, fresh nes (+X% per year) experienced more moderate growth over the period under review.

With regard to the areas devoted to fruit cultivation, bananas (X% of the total area harvested), pineapples (X%) and mangoes, mangosteens, guavas (X%) assumed the largest harvested area.

Pineapples (X ton/ha) and papayas (X ton/ha) had the highest levels of yield in Malaysia, followed by bananas (X ton/ha) and grapefruit (X ton/ha). At the same time, oranges (X ton/ha) and other citrus fruits (X ton/ha) recorded the lowest levels of yield.

Singapore Alone Held X% of Malaysian Fruit Exports

Over the last seven years, Malaysian fruit exports fluctuated somewhat wildly, finally increasing from $X in 2007 to $X in 2016. In physical terms, it was equal to X tons, rising by X% from the previous year figure.

In 2016, Singapore remained the main destination of Malaysian fruit exports was (X%, based on tons), followed, lagging far behind, by Thailand (X%), Indonesia (X%), Hong Kong, China (X%), the UAE (X%), China (X%) and Iran (X%). Exports to Thailand (+X%), Iran (+X%) and China (+X%) were the fastest growing from 2007 to 2016.

The shares of Thailand (+X percentage points) and Singapore (+X percentage points) increased from 2007-2016, while the shares of Hong Kong, China (-X percentage points) reduced. The shares of the other countries remained relatively stable throughout the analysed period.

China, South Africa and Thailand Constitute the Major Suppliers of Fruit to Malaysia

In 2016, the value of total Malaysian fruit imports stood at $X. There was a steady upward trend of the value of imports from 2007 to 2016; however, in physical terms, it increased only gradually, with mild fluctuations being experienced within the general trend. The volume of imports reached X tons in 2016, increasing by X% against the previous year.

China (X% of the total imports, based on tons), South Africa (X%), Thailand (X%), the U.S. (X%), Egypt (X%), Australia (X%) and New Zealand (X%) were the main suppliers of fruit to Malaysia. Egypt (+X% per year), South Africa (+X% per year) and New Zealand (+X% per year) were the fastest growing suppliers amongst the leaders from 2007 to 2016. China (-X percentage points) and Thailand (-X percentage points) significantly reduced their positions in Malaysian imports from 2007 to 2016. By contrast, South Africa (+X percentage points) and Egypt (+X percentage points) saw their shares increased.

Do you want to know more about the fruit market in Malaysia? Get the latest trends and insight from our report. It includes a wide range of statistics on

• fruit market share
• fruit prices
• fruit production
• fruit industry
• fruit sales
• fruit imports
• fruit exports
• fruit market forecast
• fruit price forecast

Source: IndexBox Market Intelligence Platform