Malaysia: Dried Prune Market 2025

Dried Prune Market Size in Malaysia

In 2022, after two years of decline, there was significant growth in the Malaysian dried prune market, when its value increased by 25% to $X. Over the period under review, consumption, however, continues to indicate a deep setback. Dried prune consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Dried Prune Production in Malaysia

In value terms, dried prune production soared to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 30%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Dried Prune Exports

Exports from Malaysia

In 2022, the amount of dried prunes exported from Malaysia surged to X tons, picking up by 40% against 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 240% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, dried prune exports skyrocketed to $X in 2022. Overall, exports recorded a pronounced increase. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons), Thailand (X tons) and Singapore (X tons) were the main destinations of dried prune exports from Malaysia, together accounting for 95% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +41.1%), while the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X) remains the key foreign market for dried prunes exports from Malaysia, comprising 65% of total exports. The second position in the ranking was held by Indonesia ($X), with an 18% share of total exports. It was followed by Singapore, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand stood at +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+38.4% per year) and Singapore (+9.2% per year).

Export Prices by Country

The average dried prune export price stood at $X per ton in 2022, growing by 158% against the previous year. Over the period under review, the export price recorded notable growth. The growth pace was the most rapid in 2015 when the average export price increased by 186% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+34.7%), while the prices for the other major destinations experienced mixed trend patterns.

Dried Prune Imports

Imports into Malaysia

Dried prune imports into Malaysia surged to X tons in 2022, jumping by 86% against 2021. Over the period under review, imports, however, showed a pronounced curtailment. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, dried prune imports skyrocketed to $X in 2022. In general, imports, however, saw a deep contraction. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Chile (X tons) and China (X tons) were the main suppliers of dried prune imports to Malaysia, with a combined 72% share of total imports. Canada, Singapore, Argentina and France lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +73.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest dried prune suppliers to Malaysia were the United States ($X), Chile ($X) and Singapore ($X), with a combined 79% share of total imports. China, Argentina, Canada and France lagged somewhat behind, together comprising a further 15%.

Canada, with a CAGR of +45.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average dried prune import price amounted to $X per ton, reducing by -12.4% against the previous year. Over the period under review, the import price showed a perceptible slump. The growth pace was the most rapid in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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