Malaysia: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Malaysia

The Malaysian fruit or nut preserves market dropped to $X in 2021, reducing by -11% against the previous year. In general, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +16.7% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Malaysia

In value terms, fruit or nut preserves production shrank to $X in 2021 estimated in export price. Overall, the total production indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +19.9% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 50% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Malaysia

In 2021, the amount of jams, marmalades, fruit jellies, fruit or nut purees and pastes exported from Malaysia soared to X tons, picking up by 19% on the previous year. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, fruit or nut preserves exports soared to $X in 2021. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +8.1% 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 +8.3% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of 52% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

Singapore (X tons), Indonesia (X tons) and China (X tons) were the main destinations of fruit or nut preserves exports from Malaysia, with a combined 49% 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 37%.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +54.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), China ($X) and Indonesia ($X) constituted the largest markets for fruit or nut preserves exported from Malaysia worldwide, together accounting for 45% of total exports. Thailand, Saudi Arabia, Japan, Australia, Kuwait, Vietnam, the Philippines, Maldives, Brunei Darussalam and Papua New Guinea lagged somewhat behind, together comprising a further 40%.

In terms of the main countries of destination, Kuwait, with a CAGR of +69.3%, 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 fruit or nut preserves export price amounted to $X per ton, with an increase of 9% against the previous year. Overall, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fruit or nut preserves export price increased by +17.7% 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 reached the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, 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, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Malaysia

In 2021, purchases abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes was finally on the rise to reach X tons after two years of decline. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. 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, fruit or nut preserves imports soared to $X in 2021. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Thailand (X tons), China (X tons) and the Philippines (X tons) were the main suppliers of fruit or nut preserves imports to Malaysia, with a combined 52% share of total imports. These countries were followed by Taiwan (Chinese), India, France, Indonesia, the UK, Australia, Italy, the United States, Germany and Vietnam, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +14.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit or nut preserves suppliers to Malaysia were Thailand ($X), France ($X) and Taiwan (Chinese) ($X), with a combined 35% share of total imports. China, Indonesia, Italy, Australia, the Philippines, the UK, Vietnam, the United States, Germany and India lagged somewhat behind, together accounting for a further 47%.

Among the main suppliers, Vietnam, with a CAGR of +28.2%, 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

In 2021, the average fruit or nut preserves import price amounted to $X per ton, picking up by 2.1% against the previous year. Over the period under review, the import price, however, 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% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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