Malaysia: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Malaysia

The Malaysian mixes and doughs market rose slightly to $X in 2022, surging by 4.1% against the previous year. In general, consumption, however, continues to indicate a pronounced setback. Mixes and doughs consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Mixes And Doughs Production in Malaysia

In value terms, mixes and doughs production totaled $X in 2022 estimated in export price. Overall, production, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 44%. Mixes and doughs production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Mixes And Doughs Exports

Exports from Malaysia

In 2022, the amount of mixes and doughs exported from Malaysia expanded to X tons, with an increase of 3.6% compared with the previous year. The total export volume increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by 42% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, mixes and doughs exports fell to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 28%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for mixes and doughs exports from Malaysia, accounting for a 24% share of total exports. Moreover, mixes and doughs exports to Singapore exceeded the volume sent to the second major destination, Bangladesh (X tons), twofold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore totaled +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+58.9% per year) and the United Arab Emirates (+4.2% per year).

In value terms, Singapore ($X) remains the key foreign market for mixes and doughs exports from Malaysia, comprising 26% of total exports. The second position in the ranking was taken by Bangladesh ($X), with an 8.2% share of total exports. It was followed by the United Arab Emirates, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+65.4% per year) and the United Arab Emirates (-2.0% per year).

Export Prices by Country

In 2022, the average mixes and doughs export price amounted to $X per ton, declining by -5.3% against the previous year. In general, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 8%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Mixes And Doughs Imports

Imports into Malaysia

After four years of decline, overseas purchases of mixes and doughs increased by 2.7% to X tons in 2022. In general, imports saw slight growth. The pace of growth was the most pronounced in 2017 when imports increased by 56%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, mixes and doughs imports rose significantly to $X in 2022. Overall, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.0% against 2017 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 43%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Thailand (X tons), Indonesia (X tons) and the United States (X tons) were the main suppliers of mixes and doughs imports to Malaysia, together comprising 66% of total imports. Singapore, the Philippines, Taiwan (Chinese), Japan, India and China lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +22.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixes and doughs suppliers to Malaysia were Thailand ($X), the United States ($X) and Indonesia ($X), together comprising 51% of total imports. The Philippines, Singapore, Taiwan (Chinese), Japan, China and India lagged somewhat behind, together accounting for a further 34%.

Japan, with a CAGR of +20.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 mixes and doughs import price amounted to $X per ton, rising by 5.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 12% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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