Report Update Nov 1, 2024

Malaysia - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in Malaysia

The Malaysian market for mixed condiments, sauses and seasonings reduced to $X in 2022, falling by -7.6% against the previous year. Overall, consumption, however, saw a pronounced reduction. Mixed condiment, sause and seasoning consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Mixed Condiments, Sauses and Seasonings in Malaysia

In value terms, mixed condiment, sause and seasoning production declined to $X in 2022 estimated in export price. Overall, production recorded a pronounced decrease. The growth pace was the most rapid in 2016 when the production volume increased by 21%. Mixed condiment, sause and seasoning production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from Malaysia

In 2022, approx. X tons of mixed condiments, sauses and seasonings were exported from Malaysia; waning by -2.1% on 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 13%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, mixed condiment, sause and seasoning exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 25% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank modestly in the following year.

Exports by Country

Myanmar (X tons) was the main destination for mixed condiment, sause and seasoning exports from Malaysia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar amounted to +120.7%.

In value terms, Myanmar ($X) emerged as the key foreign market for mixed condiments, sauses and seasonings exports from Malaysia.

From 2012 to 2022, the average annual growth rate of value to Myanmar totaled +116.5%.

Export Prices by Country

The average export price for mixed condiments, sauses and seasonings stood at $X per ton in 2022, with a decrease of -2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2016 when the average export price increased by 10% against the previous year. The export price peaked at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Bangladesh amounted to +8.3% per year.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into Malaysia

In 2022, approx. X tons of mixed condiments, sauses and seasonings were imported into Malaysia; jumping by 41% against the previous year's figure. Overall, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed condiment, sause and seasoning imports fell to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.9% against 2018 indices. The pace of growth was the most pronounced in 2015 with an increase of 42%. Imports peaked at $X in 2021, and then fell modestly in the following year.

Imports by Country

In 2022, Myanmar (X tons) was the main supplier of mixed condiment, sause and seasoning to Malaysia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Myanmar amounted to +406.1%.

In value terms, Myanmar ($X) constituted the largest supplier of mixed condiments, sauses and seasonings to Malaysia.

From 2012 to 2022, the average annual rate of growth in terms of value from Myanmar stood at +452.2%.

Import Prices by Country

The average import price for mixed condiments, sauses and seasonings stood at $X per ton in 2022, with a decrease of -30.9% against the previous year. Over the period under review, the import price recorded a perceptible setback. The growth pace was the most rapid in 2016 an increase of 12% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +9.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mixed condiments, sauses and seasonings in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 29% share of global consumption. These countries were followed by Indonesia, Japan, the UK, Russia, Bangladesh, Brazil, Germany, Pakistan and Mexico, which together accounted for a further 25%.

What are the largest producers of mixed condiments, sauses and seasonings in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 30% share of global production. Indonesia, Japan, Russia, Bangladesh, Brazil, the UK, Germany, Pakistan, Mexico and Thailand lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of mixed condiments, sauses and seasonings to Malaysia?

In value terms, the largest mixed condiment, sause and seasoning suppliers to Malaysia were Thailand, China and Indonesia, with a combined 65% share of total imports. Singapore, the Philippines, South Korea and the United States lagged somewhat behind, together comprising a further 21%.

What are the leading importers of mixed condiments, sauses and seasonings from Malaysia?

In value terms, Singapore remains the key foreign market for mixed condiment, sause and seasoning exports from Malaysia, comprising 29% of total exports. The second position in the ranking was occupied by Indonesia, with a 14% share of total exports. It was followed by Brunei Darussalam, with a 7% share.

What is the average export price for mixed condiments, sauses and seasonings in Malaysia?

The average export price for mixed condiments, sauses and seasonings stood at $2,824 per ton in 2021, increasing by 4.3% against the previous year.

What is the average import price for mixed condiments, sauses and seasonings in Malaysia?

The average import price for mixed condiments, sauses and seasonings stood at $2,117 per ton in 2021, surging by 2.6% against the previous year.

This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning 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 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)

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