Malaysia: Fruit Market 2024

Fruit Market Size in Malaysia

In 2022, the Malaysian fruit market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2017; afterwards, it flattened through to 2022.

Fruit Production in Malaysia

In value terms, fruit production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Fruit production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of fruits in Malaysia contracted to X tons per ha, almost unchanged from 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. Over the period under review, the average fruit yield attained the maximum level at X tons per ha in 2016; however, from 2017 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fruit harvested area in Malaysia shrank slightly to X ha in 2022, approximately mirroring the year before. Over the period under review, the harvested area continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to fruit production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Fruit Exports

Exports from Malaysia

Fruit exports from Malaysia declined slightly to X tons in 2022, with a decrease of X% on the previous year. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, fruit exports dropped to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for fruit exports from Malaysia, with a X% share of total exports. Moreover, fruit exports to Singapore exceeded the volume sent to the second major destination, Thailand (X tons), more than tenfold. Hong Kong SAR (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Hong Kong SAR (X% per year).

In value terms, Singapore ($X) remains the key foreign market for fruits exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the average fruit export price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Singapore ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit Imports

Imports into Malaysia

In 2022, approx. X tons of fruits were imported into Malaysia; surging by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, fruit imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), South Africa (X tons) and Thailand (X tons) were the main suppliers of fruit imports to Malaysia, with a combined X% share of total imports. Egypt, Vietnam, the United States, Australia and New Zealand lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Africa ($X) and Thailand ($X) were the largest fruit suppliers to Malaysia, with a combined X% share of total imports. Egypt, Australia, the United States, New Zealand and Vietnam lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 fruit import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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