Report Update Nov 1, 2024

Malaysia - Fresh or Chilled Salmonoids Meat - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Market for Fresh Or Chilled Salmonoids Meat 2024

Market Size for Fresh Or Chilled Salmonoids Meat in Malaysia

The Malaysian market for fresh or chilled salmonoids meat surged to $X in 2022, picking up by 53% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a strong expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Exports of Fresh Or Chilled Salmonoids Meat

Exports from Malaysia

In 2022, exports of fresh or chilled salmonoids meat from Malaysia contracted sharply to X kg, shrinking by -20% compared with the previous year's figure. In general, exports faced a sharp shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 1,100%. As a result, the exports reached the peak of X kg. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fresh or chilled salmonoids meat exports shrank rapidly to $X in 2022. Over the period under review, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2015 with an increase of 875% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore (X kg) was the main destination for fresh or chilled salmonoids meat exports from Malaysia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Singapore amounted to -24.9%.

In value terms, Singapore ($X) also remains the key foreign market for fresh or chilled salmonoids meat exports from Malaysia.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to -38.1%.

Export Prices by Country

The average export price for fresh or chilled salmonoids meat stood at $X per ton in 2022, rising by 4.2% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 100%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 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 Sri Lanka amounted to +25.3% per year.

Imports of Fresh Or Chilled Salmonoids Meat

Imports into Malaysia

Fresh or chilled salmonoids meat imports into Malaysia surged to X tons in 2022, growing by 42% on the previous year. In general, imports showed tangible growth. The growth pace was the most rapid in 2013 with an increase of 405%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, fresh or chilled salmonoids meat imports soared to $X in 2022. Over the period under review, imports showed tangible growth. The growth pace was the most rapid in 2013 when imports increased by 345% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Norway (X kg) constituted the largest fresh or chilled salmonoids meat supplier to Malaysia, with a 63% share of total imports. Moreover, fresh or chilled salmonoids meat imports from Norway exceeded the figures recorded by the second-largest supplier, New Zealand (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Norway stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+46.8% per year) and Japan (+7.8% per year).

In value terms, Norway ($X), New Zealand ($X) and Japan ($X) appeared to be the largest fresh or chilled salmonoids meat suppliers to Malaysia.

Among the main suppliers, New Zealand, with a CAGR of +61.9%, 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

The average import price for fresh or chilled salmonoids meat stood at $X per ton in 2022, growing by 8.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled salmonoids meat in the world?

The countries with the highest volumes of in 2021 were Norway, Japan and the United States, with a combined 56% share of global consumption. Canada, Vietnam, Denmark and Poland lagged somewhat behind, together comprising a further 24%.

What are the largest producers of fresh or chilled salmonoids meat in the world?

Chile remains the largest fresh or chilled salmonoids meat producing country worldwide, comprising approx. 47% of total volume. Moreover, fresh or chilled salmonoids meat production in Chile exceeded the figures recorded by the second-largest producer, Norway, twofold. Vietnam ranked third in terms of total production with an 8.2% share.

What are the leading suppliers of fresh or chilled salmonoids meat to Malaysia?

In value terms, Norway constituted the largest supplier of fresh or chilled salmonoids meat to Malaysia.

What are the leading importers of fresh or chilled salmonoids meat from Malaysia?

In value terms, Singapore $12) remains the key foreign market for fresh or chilled salmonoids meat exports from Malaysia.

What is the average export price for fresh or chilled salmonoids meat in Malaysia?

The average export price for fresh or chilled salmonoids meat stood at $2,400 per ton in 2021, rising by 2.9% against the previous year.

What is the average import price for fresh or chilled salmonoids meat in Malaysia?

The average import price for fresh or chilled salmonoids meat stood at $13,110 per ton in 2021, increasing by 5.9% against the previous year.

This report provides an in-depth analysis of the market for fresh or chilled salmonoids meat 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:

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023