Report Update Nov 1, 2024

Malaysia - Lactose and Lactose Syrup - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Lactose Market 2024

Lactose Market Size in Malaysia

After two years of decline, the Malaysian lactose market increased by 40% to $X in 2022. In general, consumption, however, continues to indicate a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Lactose Exports

Exports from Malaysia

In 2022, lactose exports from Malaysia declined markedly to X tons, waning by -50.5% against the previous year. Over the period under review, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 146% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, lactose exports declined dramatically to $X in 2022. Overall, exports recorded a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 104%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for lactose exports from Malaysia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at -7.7%.

In value terms, Singapore ($X) also remains the key foreign market for lactose and lactose syrup exports from Malaysia.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to -9.8%.

Export Prices by Country

In 2022, the average lactose export price amounted to $X per ton, with an increase of 31% against the previous year. In general, the export price, however, recorded a noticeable decrease. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +25.1% per year.

Lactose Imports

Imports into Malaysia

In 2022, overseas purchases of lactose and lactose syrup increased by 25% to X tons for the first time since 2014, thus ending a seven-year declining trend. In general, imports, however, saw a abrupt setback. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, lactose imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest lactose supplier to Malaysia, accounting for a 50% share of total imports. Moreover, lactose imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. New Zealand (X tons) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+1.9% per year) and New Zealand (-4.8% per year).

In value terms, the United States ($X), the Netherlands ($X) and New Zealand ($X) were the largest lactose suppliers to Malaysia, with a combined 73% share of total imports. Germany, Denmark, India, France and Canada lagged somewhat behind, together accounting for a further 19%.

Among the main suppliers, France, with a CAGR of +60.6%, 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

In 2022, the average lactose import price amounted to $X per ton, with an increase of 15% against the previous year. Overall, the import price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lactose and lactose syrup in the world?

China constituted the country with the largest volume of lactose consumption, accounting for 24% of total volume. Moreover, lactose consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of lactose and lactose syrup in the world?

The countries with the highest volumes of in 2021 were the United States, China and Germany, with a combined 57% share of global production. These countries were followed by India, Russia, the Netherlands, Turkey, France, the UK, Italy and Canada, which together accounted for a further 28%.

What are the leading suppliers of lactose and lactose syrup to Malaysia?

In value terms, the largest lactose suppliers to Malaysia were the United States, the Netherlands and Germany, with a combined 76% share of total imports. New Zealand, Denmark, India and France lagged somewhat behind, together comprising a further 15%.

What are the leading importers of lactose and lactose syrup from Malaysia?

In value terms, Singapore remains the key foreign market for lactose exports from Malaysia, comprising 77% of total exports. The second position in the ranking was occupied by China, with a 12% share of total exports.

What is the average export price for lactose and lactose syrup in Malaysia?

The average lactose export price stood at $1,735 per ton in 2021, with an increase of 46% against the previous year.

What is the average import price for lactose and lactose syrup in Malaysia?

In 2021, the average lactose import price amounted to $1,419 per ton, growing by 11% against the previous year.

This report provides an in-depth analysis of the lactose market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023