Malaysia: Fats Preparation Machinery Market 2025

Fats Preparation Machinery Market Size in Malaysia

The Malaysian fats preparation machinery market declined dramatically to $X in 2022, with a decrease of -19.3% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank remarkably in the following year.

Fats Preparation Machinery Production in Malaysia

In value terms, fats preparation machinery production declined modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 63%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Fats Preparation Machinery Exports

Exports from Malaysia

In 2022, shipments abroad of machinery for the extraction or preparation of animal or fixed vegetable fats or oils increased by 3.5% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a tangible increase. The pace of growth appeared the most rapid in 2013 when exports increased by 131%. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, fats preparation machinery exports expanded notably to $X in 2022. Overall, exports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2019 with an increase of 60% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia (X units) was the main destination for fats preparation machinery exports from Malaysia, with a 71% share of total exports. Moreover, fats preparation machinery exports to Indonesia exceeded the volume sent to the second major destination, Thailand (X units), fivefold. The third position in this ranking was held by Cote d'Ivoire (X units), with a 2.6% share.

From 2012 to 2022, the average annual growth rate of volume to Indonesia totaled +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+4.7% per year) and Cote d'Ivoire (+9.6% per year).

In value terms, Indonesia ($X) remains the key foreign market for machinery for the extraction or preparation of animal or fixed vegetable fats or oils exports from Malaysia, comprising 48% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 7.9% share of total exports. It was followed by Thailand, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia stood at -8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+20.8% per year) and Thailand (+1.2% per year).

Export Prices by Country

In 2022, the average fats preparation machinery export price amounted to $X per unit, rising by 3.4% against the previous year. In general, the export price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 34% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Fats Preparation Machinery Imports

Imports into Malaysia

In 2022, the amount of machinery for the extraction or preparation of animal or fixed vegetable fats or oils imported into Malaysia expanded sharply to X units, increasing by 5% on 2021 figures. Over the period under review, imports recorded a measured increase. The pace of growth appeared the most rapid in 2019 with an increase of 150%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, fats preparation machinery imports totaled $X in 2022. In general, imports, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2019 with an increase of 89% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest fats preparation machinery supplier to Malaysia, accounting for a 40% share of total imports. Moreover, fats preparation machinery imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), threefold. France (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled +51.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.3% per year) and France (+28.3% per year).

In value terms, the largest fats preparation machinery suppliers to Malaysia were Italy ($X), the United Arab Emirates ($X) and France ($X), together accounting for 52% of total imports. China, Indonesia, India, the United States, Singapore, Austria, Switzerland and the Philippines lagged somewhat behind, together accounting for a further 39%.

Among the main suppliers, Switzerland, with a CAGR of +30.2%, recorded 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 fats preparation machinery import price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, showed a abrupt setback. The growth pace was the most rapid in 2018 when the average import price increased by 57%. The import price peaked at $X per unit in 2015; however, from 2016 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 Indonesia ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :