Malaysia: Prepared Birds Skin Market 2024

Prepared Birds Skin Market Size in Malaysia

The Malaysian prepared birds skin market rose sharply to $X in 2022, picking up by 7% against the previous year. In general, consumption, however, saw a mild shrinkage. Prepared birds skin consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Prepared Birds Skin Production in Malaysia

In value terms, prepared birds skin production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2020 when the production volume increased by 39% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Prepared Birds Skin Exports

Exports from Malaysia

After three years of decline, overseas shipments of prepared skins of birds increased by 10% to X kg in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 827%. The exports peaked at X kg in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared birds skin exports expanded significantly to $X in 2022. Overall, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 when exports increased by 319% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore (X kg) was the main destination for prepared birds skin exports from Malaysia, accounting for a 95% share of total exports. Moreover, prepared birds skin exports to Singapore exceeded the volume sent to the second major destination, Brunei Darussalam (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore totaled +48.9%.

In value terms, Singapore ($X) emerged as the key foreign market for prepared skins of birds exports from Malaysia, comprising 95% of total exports. The second position in the ranking was taken by Brunei Darussalam ($X), with a 4.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore stood at +32.4%.

Export Prices by Country

In 2022, the average prepared birds skin export price amounted to $X per ton, with an increase of 3.7% against the previous year. Over the period under review, the export price, however, faced a abrupt decline. The growth pace was the most rapid in 2020 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Brunei Darussalam totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.

Prepared Birds Skin Imports

Imports into Malaysia

In 2022, the amount of prepared skins of birds imported into Malaysia soared to X tons, picking up by 50% compared with 2021 figures. Over the period under review, imports recorded prominent growth. The growth pace was the most rapid in 2013 when imports increased by 2,984%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared birds skin imports skyrocketed to $X in 2022. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 16,066% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

France (X tons), Australia (X tons) and China (X kg) were the main suppliers of prepared birds skin imports to Malaysia, with a combined 68% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +82.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest prepared birds skin suppliers to Malaysia were France ($X), Australia ($X) and Singapore ($X), with a combined 60% share of total imports.

In terms of the main suppliers, France, with a CAGR of +48.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average prepared birds skin import price stood at $X per ton in 2022, reducing by -8.2% against the previous year. In general, the import price, however, showed a slight increase. The pace of growth was the most pronounced in 2013 an increase of 424%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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