Malaysia: Frozen Whole Chicken Market 2022

Frozen Whole Chicken Market Size in Malaysia

The Malaysian frozen whole chicken market declined slightly to $X in 2021, leveling off at the previous year. In general, consumption, however, saw a pronounced decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Frozen Whole Chicken Production in Malaysia

In value terms, frozen whole chicken production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Frozen whole chicken production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Frozen Whole Chicken Exports

Exports from Malaysia

In 2021, shipments abroad of frozen whole chickens increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, frozen whole chicken exports surged to $X in 2021. In general, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Timor-Leste (X tons), Thailand (X tons) and Singapore (X tons) were the main destinations of frozen whole chicken exports from Malaysia, with a combined X% share of total exports. Brunei Darussalam, Hong Kong SAR and China lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in China (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Timor-Leste ($X) and Singapore ($X) were the largest markets for frozen whole chicken exported from Malaysia worldwide, together comprising X% of total exports. These countries were followed by Hong Kong SAR, Brunei Darussalam and China, which together accounted for a further X the main countries of destination, China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average frozen whole chicken export price amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price showed a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Timor-Leste ($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 Timor-Leste (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Whole Chicken Imports

Imports into Malaysia

In 2021, purchases abroad of frozen whole chickens decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen whole chicken imports dropped notably to $X in 2021. In general, imports faced a sharp shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brunei Darussalam (X tons) was the main supplier of frozen whole chicken to Malaysia, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brunei Darussalam was relatively modest.

In value terms, Brunei Darussalam ($X) constituted the largest supplier of frozen whole chicken to Malaysia.

From 2012 to 2021, the average annual rate of growth in terms of value from Brunei Darussalam was relatively modest.

Import Prices by Country

The average frozen whole chicken import price stood at $X per ton in 2021, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Brunei Darussalam amounted to X% per year.

Source: IndexBox Platform

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