Malaysia: Uncooked Pasta Market 2024

Uncooked Pasta Market Size in Malaysia

In 2021, the Malaysian uncooked pasta market decreased by -6.8% to $X for the first time since 2017, thus ending a three-year rising trend. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Uncooked pasta consumption peaked at $X in 2020, and then contracted in the following year.

Uncooked Pasta Production in Malaysia

In value terms, uncooked pasta production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by 32%. Over the period under review, production reached the peak level at $X in 2020, and then shrank in the following year.

Uncooked Pasta Exports

Exports from Malaysia

In 2021, shipments abroad of uncooked pasta decreased by -5.9% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 71% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, uncooked pasta exports contracted to $X in 2021. Overall, exports, however, continue to indicate a tangible increase. The pace of growth appeared the most rapid in 2014 when exports increased by 128%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Philippines (X tons), Singapore (X tons) and the United Arab Emirates (X tons) were the main destinations of uncooked pasta exports from Malaysia, together comprising 76% of total exports. These countries were followed by Brunei Darussalam, Oman, the United States, China, Indonesia and Australia, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +58.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), the United Arab Emirates ($X) and Singapore ($X) appeared to be the largest markets for uncooked pasta exported from Malaysia worldwide, together comprising 72% of total exports. Oman, Brunei Darussalam, the United States, China, Indonesia and Australia lagged somewhat behind, together comprising a further 21%.

Among the main countries of destination, China, with a CAGR of +49.1%, recorded 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

The average uncooked pasta export price stood at $X per ton in 2021, which is down by -5.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 33% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Singapore ($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 Indonesia (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Uncooked Pasta Imports

Imports into Malaysia

In 2021, purchases abroad of uncooked pasta decreased by -22.3% to X tons for the first time since 2011, thus ending a nine-year rising trend. Overall, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 27% against the previous year. Imports peaked at X tons in 2020, and then shrank dramatically in the following year.

In value terms, uncooked pasta imports declined to $X in 2021. Over the period under review, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 23% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then fell in the following year.

Imports by Country

Thailand (X tons), China (X tons) and Italy (X tons) were the main suppliers of uncooked pasta imports to Malaysia, together accounting for 66% of total imports. These countries were followed by the United Arab Emirates, Turkey, Australia, Indonesia, South Korea, Bangladesh, Tunisia, Hong Kong SAR and Japan, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +147.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and Italy ($X) constituted the largest uncooked pasta suppliers to Malaysia, with a combined 70% share of total imports. Australia, South Korea, the United Arab Emirates, Turkey, Japan, Indonesia, Hong Kong SAR, Bangladesh and Tunisia lagged somewhat behind, together accounting for a further 24%.

The United Arab Emirates, with a CAGR of +121.8%, recorded the highest growth rate of the value of imports, among 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 uncooked pasta import price amounted to $X per ton, surging by 11% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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