Malaysia: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in Malaysia

In 2021, the Malaysian concentrated apple juice market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption posted a strong increase. Concentrated apple juice consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Concentrated Apple Juice Production in Malaysia

In value terms, concentrated apple juice production fell to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a slight setback. The pace of growth was the most pronounced in 2020 when the production volume increased by 9.5% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Concentrated Apple Juice Exports

Exports from Malaysia

In 2021, exports of concentrated apple juice from Malaysia declined to X tons, waning by -6.4% on the previous year. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2013 with an increase of 44%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, concentrated apple juice exports expanded significantly to $X in 2021. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

India (X tons), Singapore (X tons) and Myanmar (X tons) were the main destinations of concentrated apple juice exports from Malaysia, with a combined 41% share of total exports. These countries were followed by the Philippines, Australia, China, Brunei Darussalam, Mauritius, Bangladesh, the United Arab Emirates, Vietnam, Pakistan and the United States, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +79.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for concentrated apple juice exports from Malaysia, comprising 31% of total exports. The second position in the ranking was held by India ($X), with a 14% share of total exports. It was followed by the United Arab Emirates, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +44.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+40.5% per year) and the United Arab Emirates (+14.1% per year).

Export Prices by Country

The average concentrated apple juice export price stood at $X per ton in 2021, picking up by 17% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Philippines ($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 China (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Apple Juice Imports

Imports into Malaysia

In 2021, overseas purchases of concentrated apple juice were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2015 with an increase of 23% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, concentrated apple juice imports surged to $X in 2021. Overall, imports, however, showed a noticeable setback. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest concentrated apple juice supplier to Malaysia, accounting for a 55% share of total imports. Moreover, concentrated apple juice imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), more than tenfold. The third position in this ranking was taken by Singapore (X tons), with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+31.1% per year) and Singapore (+7.2% per year).

In value terms, China ($X) constituted the largest supplier of concentrated apple juice to Malaysia, comprising 41% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 5.7% share of total imports. It was followed by Belgium, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+36.8% per year) and Belgium (+14.4% per year).

Import Prices by Country

In 2021, the average concentrated apple juice import price amounted to $X per ton, growing by 26% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+28.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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