Malaysia: Market for Seeds, Fruit and Spores Used for Sowing 2024

Market Size for Seeds, Fruit and Spores Used for Sowing in Malaysia

The Malaysian market for seeds, fruit and spores used for sowing fell modestly to $X in 2022, remaining constant against the previous year. Overall, consumption showed a pronounced shrinkage. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Seeds, Fruit and Spores Used for Sowing in Malaysia

In value terms, production of seeds, fruit and spores used for sowing dropped modestly to $X in 2022 estimated in export price. In general, production faced a drastic downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 218% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average yield of seeds, fruit and spores used for sowing in Malaysia amounted to less than X kg per ha, standing approx. at 2021. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of seeds, fruit and spores used for sowing in Malaysia amounted to less than X ha, flattening at the previous year's figure. In general, the harvested area recorded a relatively flat trend pattern.

Exports of Seeds, Fruit and Spores Used for Sowing

Exports from Malaysia

In 2022, the amount of seeds, fruit and spores used for sowing exported from Malaysia reached X tons, growing by 6.9% compared with 2021. Over the period under review, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 192% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of seeds, fruit and spores used for sowing rose sharply to $X in 2022. In general, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2013 with an increase of 152% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons), Papua New Guinea (X tons) and Indonesia (X tons) were the main destinations of exports of seeds, fruit and spores used for sowing from Malaysia, together accounting for 80% of total exports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +83.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Papua New Guinea ($X) and Thailand ($X) constituted the largest markets for seed, fruit and spore used for sowing exported from Malaysia worldwide, together comprising 69% of total exports.

Among the main countries of destination, Thailand, with a CAGR of +76.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for seeds, fruit and spores used for sowing amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 135% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 Gabon (+42.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores Used for Sowing

Imports into Malaysia

In 2022, imports of seeds, fruit and spores used for sowing into Malaysia dropped slightly to X tons, declining by -4.8% on the year before. Overall, imports showed a slight reduction. The pace of growth was the most pronounced in 2018 when imports increased by 83% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seeds, fruit and spores used for sowing amounted to $X in 2022. Over the period under review, imports, however, continue to indicate slight growth. The growth pace was the most rapid in 2018 when imports increased by 142% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of seed, fruit and spore used for sowing to Malaysia, accounting for a 74% share of total imports. Moreover, imports of seeds, fruit and spores used for sowing from Thailand exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), fivefold. The third position in this ranking was held by India (X tons), with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand amounted to +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-8.3% per year) and India (-9.4% per year).

In value terms, Thailand ($X) constituted the largest supplier of seeds, fruit and spores used for sowing to Malaysia, comprising 54% of total imports. The second position in the ranking was held by Indonesia ($X), with a 16% share of total imports. It was followed by India, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand totaled +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+1.0% per year) and India (-6.3% per year).

Import Prices by Country

The average import price for seeds, fruit and spores used for sowing stood at $X per ton in 2022, increasing by 10% against the previous year. Overall, the import price showed perceptible growth. The growth pace was the most rapid in 2017 an increase of 76%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Thailand ($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 (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :