Malaysia: Market for Glycosides And Vegetable Alkaloids 2025

Market Size for Glycosides And Vegetable Alkaloids in Malaysia

The Malaysian glycosides and vegetable alkaloids market soared to $X in 2021, growing by 71% against the previous year. Over the period under review, consumption posted a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Glycosides And Vegetable Alkaloids in Malaysia

In value terms, glycosides and vegetable alkaloids production expanded modestly to $X in 2021 estimated in export price. In general, production, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 784% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Glycosides And Vegetable Alkaloids

Exports from Malaysia

In 2021, after two years of decline, there was significant growth in overseas shipments of glycosides and vegetable alkaloids, when their volume increased by 85% to X tons. In general, exports recorded a prominent expansion. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, glycosides and vegetable alkaloids exports rose notably to $X in 2021. Over the period under review, exports saw a noticeable increase. The pace of growth appeared the most rapid in 2014 with an increase of 62% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), the United States (X tons) and the UK (X tons) were the main destinations of glycosides and vegetable alkaloids exports from Malaysia, together comprising 74% of total exports. India, Mexico, Indonesia and Singapore lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +106.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glycosides and vegetable alkaloids exported from Malaysia were the United States ($X), the UK ($X) and India ($X), with a combined 64% share of total exports. These countries were followed by China, Mexico, Singapore and Indonesia, which together accounted for a further 21%.

Among the main countries of destination, Mexico, with a CAGR of +96.6%, saw the highest growth rate of 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 glycosides and vegetable alkaloids export price amounted to $X per ton, shrinking by -38.5% against the previous year. Overall, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of 24% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to China ($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 China (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Glycosides And Vegetable Alkaloids

Imports into Malaysia

In 2021, glycosides and vegetable alkaloids imports into Malaysia surged to X tons, increasing by 21% compared with 2020 figures. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 92% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, glycosides and vegetable alkaloids imports expanded remarkably to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -31.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 100% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main glycosides and vegetable alkaloids supplier to Malaysia, with a approx. 95% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +14.4%.

In value terms, China ($X) constituted the largest supplier of glycosides and vegetable alkaloids to Malaysia.

From 2012 to 2021, the average annual growth rate of value from China stood at +11.4%.

Import Prices by Country

In 2021, the average glycosides and vegetable alkaloids import price amounted to $X per ton, shrinking by -13.2% against the previous year. Over the period under review, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -2.6% per year.

Source: IndexBox Platform

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