Report Update Nov 1, 2024

Malaysia - Wine - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Wine Market 2024

Wine Market Size in Malaysia

In 2021, after two years of decline, there was significant growth in the Malaysian wine market, when its value increased by 18% to $X. Over the period under review, consumption saw a slight decline. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Wine Exports

Exports from Malaysia

In 2021, the amount of wine exported from Malaysia skyrocketed to X litres, picking up by 36% on the year before. Overall, exports showed prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of 90% against the previous year. As a result, the exports reached the peak of X litres. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, wine exports soared to $X in 2021. Over the period under review, exports posted a strong expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 150%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Thailand (X litres), Hong Kong SAR (X litres) and Singapore (X litres) were the main destinations of wine exports from Malaysia, together comprising 82% of total exports.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +41.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Thailand ($X) and Vietnam ($X) appeared to be the largest markets for wine exported from Malaysia worldwide, with a combined 79% share of total exports.

Hong Kong SAR, with a CAGR of +45.7%, 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 wine export price stood at $X per litre in 2021, which is down by -14% against the previous year. In general, the export price recorded a mild decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 34%. As a result, the export price reached the peak level of $X per litre. From 2018 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per litre), while the average price for exports to China ($X per litre) 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 (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Wine Imports

Imports into Malaysia

Wine imports into Malaysia reached X litres in 2021, flattening at 2020 figures. Overall, imports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2015 when imports increased by 46%. Over the period under review, imports attained the maximum at X litres in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, wine imports soared to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Australia (X litres) constituted the largest supplier of wine to Malaysia, accounting for a 36% share of total imports. Moreover, wine imports from Australia exceeded the figures recorded by the second-largest supplier, France (X litres), threefold. Italy (X litres) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from Australia totaled -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.4% per year) and Italy (-1.1% per year).

In value terms, Australia ($X), France ($X) and Chile ($X) constituted the largest wine suppliers to Malaysia, together accounting for 59% of total imports. These countries were followed by Italy, the United States, Singapore and Spain, which together accounted for a further 11%.

In terms of the main suppliers, Singapore, with a CAGR of +4.9%, saw the highest growth rate of the value of imports, 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 wine import price amounted to $X per litre, with an increase of 24% against the previous year. Over the last nine years, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2020 an increase of 27% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per litre), while the price for Spain ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wine in the world?

The countries with the highest volumes of in 2021 were the United States, France and Italy, with a combined 39% share of global consumption.

What are the largest producers of wine in the world?

The countries with the highest volumes of in 2021 were Italy, France and the United States, with a combined 46% share of global production.

What are the leading suppliers of wine to Malaysia?

In value terms, Australia, France and Chile constituted the largest wine suppliers to Malaysia, together comprising 76% of total imports. These countries were followed by Italy, the United States, Singapore, Spain, New Zealand, Argentina and Belgium, which together accounted for a further 19%.

What are the leading importers of wine from Malaysia?

In value terms, the largest markets for wine exported from Malaysia were Hong Kong SAR, Thailand and Singapore, with a combined 86% share of total exports. Macao SAR and Australia lagged somewhat behind, together accounting for a further 11%.

What is the average export price for wine in Malaysia?

In 2021, the average wine export price amounted to $11 per litre, waning by -17% against the previous year.

What is the average import price for wine in Malaysia?

In 2021, the average wine import price amounted to $2.8 per litre, rising by 3.1% against the previous year.

This report provides an in-depth analysis of the wine 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:

FCL 564 - Wine

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