Report Update Nov 1, 2024

Malaysia - Sugars, Sugar Ethers and Salts - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Malaysia: Sugars Market 2024

Sugars Market Size in Malaysia

The Malaysian sugars market skyrocketed to $X in 2021, jumping by 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a strong increase. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in years to come.

Sugars Exports

Exports from Malaysia

After three years of growth, overseas shipments of sugars, sugar ethers and salts decreased by -24.2% to X tons in 2021. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,008% against the previous year. The exports peaked at X tons in 2020, and then contracted dramatically in the following year.

In value terms, sugars exports fell dramatically to $X in 2021. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2013 with an increase of 1,342% against the previous year. The exports peaked at $X in 2020, and then declined notably in the following year.

Exports by Country

Nepal (X tons) was the main destination for sugars exports from Malaysia, accounting for a 55% share of total exports. Moreover, sugars exports to Nepal exceeded the volume sent to the second major destination, Singapore (X tons), threefold. The third position in this ranking was held by the Philippines (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume to Nepal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+71.8% per year) and the Philippines (+56.0% per year).

In value terms, the largest markets for sugars exported from Malaysia were Singapore ($X), Nepal ($X) and Thailand ($X), with a combined 67% share of total exports. The Philippines, Taiwan (Chinese), Hong Kong SAR and Indonesia lagged somewhat behind, together accounting for a further 21%.

Taiwan (Chinese), with a CAGR of +106.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sugars export price stood at $X per ton in 2021, reducing by -30.2% against the previous year. In general, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 30%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Sugars Imports

Imports into Malaysia

In 2021, imports of sugars, sugar ethers and salts into Malaysia skyrocketed to X tons, with an increase of 36% on the previous year's figure. Overall, imports posted a buoyant increase. The pace of growth was the most pronounced in 2015 when imports increased by 153%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, sugars imports surged to $X in 2021. In general, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2015 when imports increased by 174% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

China (X tons), Singapore (X tons) and Germany (X tons) were the main suppliers of sugars imports to Malaysia, with a combined 60% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +73.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Singapore ($X) appeared to be the largest sugars suppliers to Malaysia, with a combined 58% share of total imports.

Singapore, with a CAGR of +48.1%, 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 2021, the average sugars import price amounted to $X per ton, declining by -6.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 12%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugars, sugar ethers and salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 41% share of global consumption. Japan, Brazil, Spain, Germany, Switzerland, Indonesia, Poland, Russia, the Philippines and South Korea lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of sugars, sugar ethers and salts in the world?

The countries with the highest volumes of in 2021 were China, Germany and the United States, with a combined 49% share of global production. Thailand, India, Indonesia, France, Austria, Brazil, South Africa, the Philippines and the UK lagged somewhat behind, together accounting for a further 39%.

What are the leading suppliers of sugars, sugar ethers and salts to Malaysia?

In value terms, China, Japan and Singapore constituted the largest sugars suppliers to Malaysia, together comprising 69% of total imports. Germany, Thailand, South Africa and Australia lagged somewhat behind, together comprising a further 25%.

What are the leading importers of sugars, sugar ethers and salts from Malaysia?

In value terms, Singapore remains the key foreign market for sugars exports from Malaysia, comprising 70% of total exports. The second position in the ranking was occupied by Thailand, with a 21% share of total exports. It was followed by Sri Lanka, with a 2.8% share.

What is the average export price for sugars, sugar ethers and salts in Malaysia?

The average sugars export price stood at $4,524 per ton in 2021, growing by 16% against the previous year.

What is the average import price for sugars, sugar ethers and salts in Malaysia?

The average sugars import price stood at $3,482 per ton in 2021, rising by 39% against the previous year.

This report provides an in-depth analysis of the sugars market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21104000 - Sugars, pure (excluding glucose, etc.), sugar ethers and salts, etc.

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023