Report Update Jan 1, 2025

Malaysia - Fonio - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Fonio Market 2025

Fonio Market Size in Malaysia

The Malaysian fonio market was estimated at less than $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption posted significant growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Fonio Production in Malaysia

In value terms, fonio production totaled less than $X in 2022 estimated in export price. In general, production posted a significant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 256%. Fonio production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of fonio in Malaysia amounted to less than X kg per ha in 2022, standing approx. at the year before. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the fonio harvested area in Malaysia stood at less than X ha, stabilizing at the year before. Over the period under review, the harvested area showed a relatively flat trend pattern.

Fonio Exports

Exports from Malaysia

In 2018, the amount of fonio exported from Malaysia declined markedly to X kg, falling by -68.9% compared with 2017. Overall, exports continue to indicate a sharp slump. The smallest decline of -64.9% was in 2017. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2018, the exports remained at a lower figure.

In value terms, fonio exports dropped dramatically to $X in 2018. Over the period under review, exports, however, saw a significant expansion. The smallest decline of -55.2% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2018, the exports failed to regain momentum.

Exports by Country

Indonesia (X kg) was the main destination for fonio exports from Malaysia, accounting for a approx. 100% share of total exports.

From 2016 to 2018, the average annual rate of growth in terms of volume to Indonesia stood at -66.9%.

In value terms, Indonesia ($X) also remains the key foreign market for fonio exports from Malaysia.

From 2016 to 2018, the average annual rate of growth in terms of value to Indonesia totaled -69.6%.

Export Prices by Country

The average fonio export price stood at $X per ton in 2018, dropping by -33.5% against the previous year. In general, the export price showed a abrupt decrease. The growth pace was the most rapid in 2017 an increase of 28% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped sharply in the following year.

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

From 2016 to 2018, the rate of growth in terms of prices for Indonesia amounted to -7.9% per year.

Fonio Imports

Imports into Malaysia

In 2017, approx. X tons of fonio were imported into Malaysia; jumping by 1,286% compared with the previous year. Over the period under review, imports, however, saw a dramatic shrinkage. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2017, imports failed to regain momentum.

In value terms, fonio imports shrank to $X in 2017. Overall, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 when imports increased by 73%. Imports peaked at $X in 2013; however, from 2014 to 2017, imports remained at a lower figure.

Imports by Country

In 2017, Peru (X tons) was the main supplier of fonio to Malaysia, accounting for a approx. 100% share of total imports.

From 2013 to 2017, the average annual rate of growth in terms of volume from Peru totaled +1,389.6%.

In value terms, Peru ($X) constituted the largest supplier of fonio to Malaysia.

From 2013 to 2017, the average annual rate of growth in terms of value from Peru stood at +9.5%.

Import Prices by Country

The average fonio import price stood at $X per ton in 2017, falling by -92.8% against the previous year. Overall, the import price, however, saw significant growth. The pace of growth appeared the most rapid in 2016 an increase of 1,293%. As a result, import price attained the peak level of $X per ton, and then fell notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2013 to 2017, the rate of growth in terms of prices for Australia amounted to +1,633.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fonio in the world?

The country with the largest volume of fonio consumption was Guinea, comprising approx. 76% of total volume. Moreover, fonio consumption in Guinea exceeded the figures recorded by the second-largest consumer, Nigeria, sevenfold. Mali ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of fonio in the world?

Guinea constituted the country with the largest volume of fonio production, comprising approx. 76% of total volume. Moreover, fonio production in Guinea exceeded the figures recorded by the second-largest producer, Nigeria, sevenfold. The third position in this ranking was occupied by Mali, with a 5.9% share.

What are the leading suppliers of fonio to Malaysia?

In value terms, Peru constituted the largest supplier of fonio to Malaysia.

What are the leading importers of fonio from Malaysia?

In value terms, Indonesia remains the key foreign market for fonio exports from Malaysia.

What is the average export price for fonio in Malaysia?

In 2020, the average fonio export price amounted to $5,136 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for fonio in Malaysia?

The average fonio import price stood at $1,396 per ton in 2017, dropping by -54.7% against the previous year.

This report provides an in-depth analysis of the fonio market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 94 - Fonio

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024