Malaysia: Market for Buttermilk And Buttermilk Powder 2025

Market Size for Buttermilk And Buttermilk Powder in Malaysia

The Malaysian buttermilk and buttermilk powder market shrank to $X in 2022, declining by -6.2% against the previous year. In general, consumption recorded a mild curtailment. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Buttermilk And Buttermilk Powder in Malaysia

In value terms, buttermilk and buttermilk powder production dropped to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 60% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Buttermilk And Buttermilk Powder

Exports from Malaysia

In 2022, overseas shipments of buttermilk and buttermilk powder decreased by -2.3% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 66% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, buttermilk and buttermilk powder exports dropped slightly to $X in 2022. Overall, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.7% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Singapore (X tons) was the main destination for buttermilk and buttermilk powder exports from Malaysia, with a approx. 98% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at +14.4%.

In value terms, Singapore ($X) also remains the key foreign market for buttermilk and buttermilk powder exports from Malaysia.

From 2012 to 2022, the average annual growth rate of value to Singapore totaled +9.1%.

Export Prices by Country

The average buttermilk and buttermilk powder export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -4.6% per year.

Imports of Buttermilk And Buttermilk Powder

Imports into Malaysia

Buttermilk and buttermilk powder imports into Malaysia dropped to X tons in 2022, waning by -8.4% on the year before. In general, imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 34% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, buttermilk and buttermilk powder imports dropped to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 49%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

New Zealand (X tons), Germany (X tons) and Ireland (X tons) were the main suppliers of buttermilk and buttermilk powder imports to Malaysia, together accounting for 54% of total imports. Finland, France, the United States, Belgium, Thailand, the Netherlands and Australia lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +37.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Ireland ($X) and Germany ($X) were the largest buttermilk and buttermilk powder suppliers to Malaysia, together accounting for 60% of total imports. Finland, France, the United States, Belgium, Thailand, the Netherlands and Australia lagged somewhat behind, together accounting for a further 37%.

In terms of the main suppliers, Thailand, with a CAGR of +49.5%, saw 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

The average buttermilk and buttermilk powder import price stood at $X per ton in 2022, declining by -3.7% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, buttermilk and buttermilk powder import price increased by +55.3% against 2016 indices. The growth pace was the most rapid in 2013 when the average import price increased by 64%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :