Malaysia: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Malaysia

In 2021, the Malaysian market for jams, jellies, puree and pastes was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -7.4% against 2018 indices. Jam, jelly, puree and paste consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Jams, Jellies, Puree And Pastes in Malaysia

In value terms, jam, jelly, puree and paste production expanded remarkably to $X in 2021 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.0% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by 30% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Jams, Jellies, Puree And Pastes

Exports from Malaysia

In 2021, jam, jelly, puree and paste exports from Malaysia skyrocketed to X tons, rising by 19% on the year before. The total export volume increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, jam, jelly, puree and paste exports surged to $X in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +5.7% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 46%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Singapore (X tons), Indonesia (X tons) and China (X tons) were the main destinations of jam, jelly, puree and paste exports from Malaysia, with a combined 50% share of total exports. These countries were followed by Thailand, Saudi Arabia, Australia, Japan, the Philippines, Vietnam, Brunei Darussalam, Maldives, Kuwait and Papua New Guinea, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait (with a CAGR of +37.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for jam, jelly, puree and paste exported from Malaysia were Singapore ($X), China ($X) and Indonesia ($X), together accounting for 46% of total exports. These countries were followed by Thailand, Saudi Arabia, Japan, Australia, Kuwait, Vietnam, the Philippines, Maldives, Brunei Darussalam and Papua New Guinea, which together accounted for a further 40%.

Kuwait, with a CAGR of +54.1%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 export price for jams, jellies, puree and pastes amounted to $X per ton, with an increase of 9.1% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, jam, jelly, puree and paste export price increased by +17.9% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 33%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Brunei Darussalam ($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 Saudi Arabia (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Jellies, Puree And Pastes

Imports into Malaysia

In 2021, supplies from abroad of jams, jellies, puree and pastes was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, jam, jelly, puree and paste imports soared to $X in 2021. In general, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 25% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Thailand (X tons), China (X tons) and the Philippines (X tons) were the main suppliers of jam, jelly, puree and paste imports to Malaysia, with a combined 52% share of total imports. Taiwan (Chinese), India, France, Indonesia, the UK, Australia, the United States, Italy, Germany and South Korea lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +146.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), France ($X) and Taiwan (Chinese) ($X) constituted the largest jam, jelly, puree and paste suppliers to Malaysia, with a combined 35% share of total imports. These countries were followed by China, Indonesia, Italy, Australia, the Philippines, South Korea, the UK, the United States, Germany and India, which together accounted for a further 48%.

In terms of the main suppliers, South Korea, with a CAGR of +150.7%, saw the highest rates of growth with regard to 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 jams, jellies, puree and pastes stood at $X per ton in 2021, almost unchanged from the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 8%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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