Malaysia: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in Malaysia

In 2020, after four years of decline, there was growth in the Malaysian frozen boiled potatoes market, when its value increased by X% to $X. Overall, the total consumption indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Frozen boiled potatoes consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Frozen Boiled Potatoes Production in Malaysia

In value terms, frozen boiled potatoes production plummeted to $X in 2020 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Frozen boiled potatoes production peaked at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

Frozen Boiled Potatoes Exports

Exports from Malaysia

After five years of growth, overseas shipments of frozen boiled potatoes decreased by -X% to X tons in 2020. Overall, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2019, and then dropped rapidly in the following year.

In value terms, frozen boiled potatoes exports contracted dramatically to $X in 2020. In general, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Singapore (X tons) was the main destination for frozen boiled potatoes exports from Malaysia, with a X% share of total exports. Moreover, frozen boiled potatoes exports to Singapore exceeded the volume sent to the second major destination, Thailand (X tons), threefold.

From 2007 to 2020, 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 Brunei Darussalam (+X% per year).

In value terms, Singapore ($X) remains the key foreign market for frozen boiled potatoes exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Singapore totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Brunei Darussalam (+X% per year).

Export Prices by Country

The average frozen boiled potatoes export price stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, export price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen boiled potatoes export price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Brunei Darussalam ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Boiled Potatoes Imports

Imports into Malaysia

In 2020, purchases abroad of frozen boiled potatoes increased by X% to X tons, rising for the fifth consecutive year after five years of decline. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen boiled potatoes imports skyrocketed to $X in 2020. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The U.S. (X tons), the Netherlands (X tons) and Denmark (X tons) were the main suppliers of frozen boiled potatoes imports to Malaysia, with a combined X% share of total imports. Poland, Belgium, the United Arab Emirates, China, New Zealand, Austria, Australia and Brazil lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Brazil (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the Netherlands ($X) and Denmark ($X) appeared to be the largest frozen boiled potatoes suppliers to Malaysia, together accounting for X% of total imports. These countries were followed by Belgium, Poland, New Zealand, the United Arab Emirates, China, Australia, Brazil and Austria, which together accounted for a further X (+X% per year) 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 2020, the average frozen boiled potatoes 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 growth pace was the most rapid in 2009 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was New Zealand ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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