Malaysia: Spinach Market 2025

Spinach Market Size in Malaysia

The Malaysian spinach market was estimated at $X in 2022, approximately equating the previous year. Over the period under review, consumption posted a prominent expansion. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Spinach Production in Malaysia

In value terms, spinach production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.4% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 29%. Spinach production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average spinach yield in Malaysia was estimated at X tons per ha, almost unchanged from the year before. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the yield increased by 7.1%. The spinach yield peaked at X tons per ha in 2013; however, from 2014 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.

In 2022, the total area harvested in terms of spinach production in Malaysia totaled X ha, remaining relatively unchanged against the previous year's figure. Overall, the total harvested area indicated a measured expansion from 2012 to 2022: its figure increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spinach harvested area decreased by -3.8% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 28% against the previous year. Over the period under review, the harvested area dedicated to spinach production attained the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

Spinach Exports

Exports from Malaysia

Spinach exports from Malaysia shrank modestly to X tons in 2022, stabilizing at the previous year's figure. Overall, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +11.9% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 51% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, spinach exports declined modestly to $X in 2022. In general, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +112.1% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 38%. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Singapore (X tons) was the main destination for spinach exports from Malaysia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at +1.7%.

In value terms, Singapore ($X) also remains the key foreign market for spinach exports from Malaysia.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to +3.0%.

Export Prices by Country

The average spinach export price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2020 an increase of 18% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +1.3% per year.

Spinach Imports

Imports into Malaysia

In 2022, overseas purchases of spinach increased by 3% to X tons, rising for the seventh consecutive year after three years of decline. In general, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, spinach imports skyrocketed to $X in 2022. Over the period under review, imports recorded a strong increase. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of spinach to Malaysia, with a 71% share of total imports. Moreover, spinach imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), fourfold. The third position in this ranking was taken by Thailand (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+37.8% per year) and Thailand (-2.1% per year).

In value terms, China ($X) constituted the largest supplier of spinach to Malaysia, comprising 64% of total imports. The second position in the ranking was taken by Australia ($X), with a 29% share of total imports. It was followed by the United States, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+37.4% per year) and the United States (+1.8% per year).

Import Prices by Country

The average spinach import price stood at $X per ton in 2022, jumping by 19% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spinach import price increased by +20.8% against 2016 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Thailand ($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 United States (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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