Malaysia: Dried Onion Market 2025

Dried Onion Market Size in Malaysia

The Malaysian dried onion market surged to $X in 2021, increasing by 35% against the previous year. Overall, consumption showed prominent growth. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Dried Onion Production in Malaysia

In value terms, dried onion production dropped to $X in 2021 estimated in export price. In general, production enjoyed a prominent increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by 58%. Dried onion production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Dried Onion Exports

Exports from Malaysia

Dried onion exports from Malaysia contracted dramatically to X tons in 2021, which is down by -30% against 2020 figures. In general, exports recorded a noticeable contraction. The pace of growth was the most pronounced in 2016 with an increase of 32%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, dried onion exports dropped notably to $X in 2021. Overall, exports saw a slight decrease. The most prominent rate of growth was recorded in 2016 with an increase of 22% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for dried onion exports from Malaysia, accounting for a 53% share of total exports. Moreover, dried onion exports to Singapore exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. Brunei Darussalam (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Singapore totaled -8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+22.0% per year) and Brunei Darussalam (+21.5% per year).

In value terms, Singapore ($X) remains the key foreign market for dried onion exports from Malaysia, comprising 55% of total exports. The second position in the ranking was held by Vietnam ($X), with a 20% share of total exports. It was followed by the UK, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Singapore amounted to -7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+21.6% per year) and the UK (0.0% per year).

Export Prices by Country

The average dried onion export price stood at $X per ton in 2021, rising by 4.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 36%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to Brunei Darussalam ($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 Singapore (+1.6%), while the prices for the other major destinations experienced a decline.

Dried Onion Imports

Imports into Malaysia

For the third consecutive year, Malaysia recorded growth in overseas purchases of dried onions, which increased by 73% to X tons in 2021. Overall, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of 177%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, dried onion imports soared to $X in 2021. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 108% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Thailand (X tons), Pakistan (X tons) and China (X tons) were the main suppliers of dried onion imports to Malaysia, together comprising 75% of total imports. India, Egypt, Algeria, the United States and the Netherlands lagged somewhat behind, together comprising a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +132.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dried onion suppliers to Malaysia were China ($X), Thailand ($X) and India ($X), with a combined 63% share of total imports. The United States, Pakistan, Egypt, Algeria and the Netherlands lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Egypt, with a CAGR of +123.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average dried onion import price amounted to $X per ton, waning by -29.4% against the previous year. In general, the import price saw a perceptible decline. The growth pace was the most rapid in 2016 when the average import price increased by 77% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Algeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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