Malaysia: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Malaysia

In 2021, the Malaysian grapefruit juice (single strength) market increased by 2.3% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, saw a abrupt setback. Grapefruit juice (single strength) consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Grapefruit Juice (Single Strength) in Malaysia

In value terms, grapefruit juice (single strength) production declined to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 24% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Grapefruit Juice (Single Strength)

Exports from Malaysia

Grapefruit juice (single strength) exports from Malaysia declined markedly to X tons in 2021, which is down by -87.9% against 2020 figures. In general, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 224% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) exports dropped markedly to $X in 2021. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2015 with an increase of 376%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Cambodia (X tons) was the main destination for grapefruit juice (single strength) exports from Malaysia, accounting for a 98% share of total exports. It was followed by Brunei Darussalam (X kg), with a 1% share of total exports. Singapore (X kg) ranked third in terms of total exports with a 0.5% share.

From 2012 to 2021, the average annual growth rate of volume to Cambodia amounted to -19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (-50.0% per year) and Singapore (-50.8% per year).

In value terms, the largest markets for grapefruit juice (single strength) exported from Malaysia were Cambodia ($X), Brunei Darussalam ($X) and Singapore ($X), with a combined 89% share of total exports.

Cambodia, with a CAGR of -22.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average grapefruit juice (single strength) export price amounted to $X per ton, falling by -4.2% against the previous year. Overall, the export price recorded a perceptible setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 115%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Cambodia ($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 Singapore (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into Malaysia

Grapefruit juice (single strength) imports into Malaysia shrank dramatically to X tons in 2021, reducing by -16.7% on the previous year's figure. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 343% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, grapefruit juice (single strength) imports skyrocketed to $X in 2021. In general, imports recorded a pronounced decline. The pace of growth was the most pronounced in 2015 when imports increased by 281% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Egypt (X tons), Saudi Arabia (X tons) and Belgium (X tons) were the main suppliers of grapefruit juice (single strength) imports to Malaysia, together accounting for 71% of total imports. South Africa, France, Italy, Cyprus, Germany, Taiwan (Chinese), South Korea and the UK lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +11.1%), while imports for the other leaders experienced a decline.

In value terms, Saudi Arabia ($X), France ($X) and Italy ($X) appeared to be the largest grapefruit juice (single strength) suppliers to Malaysia, together accounting for 58% of total imports.

Among the main suppliers, Italy, with a CAGR of +28.6%, 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 grapefruit juice (single strength) import price stood at $X per ton in 2021, surging by 50% against the previous year. Overall, the import price enjoyed strong growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 66%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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