Malaysia: Other Cereals Market 2025

Other Cereals Market Size in Malaysia

The Malaysian other cereals market skyrocketed to $X in 2021, picking up by 66% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Other Cereals Exports

Exports from Malaysia

In 2021, approx. X tons of other cerealses were exported from Malaysia; picking up by 166% against the previous year's figure. In general, exports enjoyed a pronounced increase. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, other cereals exports skyrocketed to $X in 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 283% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Nigeria (X tons), Maldives (X tons) and Singapore (X tons) were the main destinations of other cereals exports from Malaysia, with a combined 98% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +60.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for other cereals exported from Malaysia were Maldives ($X), Nigeria ($X) and Singapore ($X), with a combined 97% share of total exports.

Singapore, with a CAGR of +57.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average other cereals export price stood at $X per ton in 2021, reducing by -43.7% against the previous year. Overall, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 164% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then shrank remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Nigeria ($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 Maldives (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

Other Cereals Imports

Imports into Malaysia

In 2021, the amount of other cerealses imported into Malaysia skyrocketed to X tons, increasing by 86% against the previous year. Overall, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, other cereals imports skyrocketed to $X in 2021. In general, total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 85% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Bolivia (X tons) constituted the largest supplier of other cereals to Malaysia, accounting for a 35% share of total imports. Moreover, other cereals imports from Bolivia exceeded the figures recorded by the second-largest supplier, Peru (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Bolivia amounted to +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+15.5% per year) and the United States (+14.6% per year).

In value terms, Bolivia ($X) constituted the largest supplier of other cereals to Malaysia, comprising 35% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 17% share of total imports. It was followed by Peru, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Bolivia totaled +28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-12.9% per year) and Peru (-2.2% per year).

Import Prices by Country

In 2021, the average other cereals import price amounted to $X per ton, shrinking by -11% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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