Malaysia: Wheat Bran Market 2024

Wheat Bran Market Size in Malaysia

The Malaysian wheat bran market amounted to $X in 2022, approximately reflecting the previous year. Over the period under review, consumption continues to indicate a mild setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Wheat Bran Production in Malaysia

In value terms, wheat bran production expanded markedly to $X in 2022 estimated in export price. In general, production, however, saw a mild slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Wheat Bran Exports

Exports from Malaysia

In 2022, overseas shipments of wheat bran increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wheat bran exports soared to $X in 2022. Over the period under review, exports showed a strong increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for wheat bran exports from Malaysia, accounting for a X% share of total exports. Moreover, wheat bran exports to China exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. Brunei Darussalam (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Brunei Darussalam (X% per year).

In value terms, China ($X) emerged as the key foreign market for wheat bran exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with an X% share of total exports. It was followed by Brunei Darussalam, with an X% share.

From 2012 to 2022, the average annual growth rate of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Brunei Darussalam (X% per year).

Export Prices by Country

In 2022, the average wheat bran export price amounted to $X per ton, jumping by X% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat bran export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($X per ton) and China ($X per ton), while the average price for exports to Vietnam ($X per ton) and Brunei Darussalam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wheat Bran Imports

Imports into Malaysia

Wheat bran imports into Malaysia dropped markedly to X tons in 2022, reducing by X% compared with the year before. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, wheat bran imports reduced to $X in 2022. Overall, imports continue to indicate a slight decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X tons) constituted the largest wheat bran supplier to Malaysia, accounting for a X% share of total imports. Moreover, wheat bran imports from Japan exceeded the figures recorded by the second-largest supplier, Singapore (X tons), fivefold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and India (X% per year).

In value terms, Japan ($X) constituted the largest supplier of wheat bran to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average wheat bran import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a slight decline. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. 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.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($X per ton) and the United States ($X per ton), while the price for Singapore ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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