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Malaysia - Frozen Eels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Eels Price in Malaysia - 2021
Contents:
- Frozen Eels Price in Malaysia (FOB) - 2021
- Frozen Eels Price in Malaysia (CIF) - 2021
- Frozen Eels Exports in Malaysia
- Frozen Eels Imports in Malaysia
Frozen Eels Price in Malaysia (FOB) - 2021
In December 2021, the average frozen eels export price amounted to $1,235 per ton, reducing by -19.1% against the previous month. Over the period under review, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in June 2021 an increase of 65% month-to-month. As a result, the export price attained the peak level of $1,694 per ton. From July 2021 to December 2021, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($1,516 per ton), while the average price for exports to Taiwan (Chinese) ($891 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (0.0%), while the prices for the other major destinations experienced a decline.
Frozen Eels Price in Malaysia (CIF) - 2021
In December 2021, the average frozen eels import price amounted to $2,768 per ton, rising by 330% against the previous month. In general, the import price, however, saw a abrupt setback. The import price peaked at $10,386 per ton in December 2020; however, from January 2021 to December 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Vietnam ($8,086 per ton), while the price for China ($464 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Vietnam (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Eels Exports in Malaysia
In 2022, overseas shipments of frozen eels decreased by -19.9% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 75% against the previous year.
In value terms, frozen eels exports declined significantly to $4.9M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, the exports attained the peak of $5.8M, and then plummeted in the following year.
Export of Frozen Eels in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.2 | 3.5 | 4.7 | 2.7 | 7.1% |
Hong Kong SAR | 0.5 | 0.3 | 0.8 | 1.9 | 56.0% |
Others | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Total | 2.9 | 4.0 | 5.8 | 4.9 | 19.1% |
Top Export Markets for Frozen Eels from Malaysia in 2022:
- China (2.3K tons)
- Hong Kong SAR (1.5K tons)
Frozen Eels Imports in Malaysia
After three years of growth, overseas purchases of frozen eels decreased by -14.3% to 635 tons in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 81% against the previous year.
In value terms, frozen eels imports reduced to $2.3M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports attained the peak of $2.5M, and then fell in the following year.
Import of Frozen Eels in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,481 | 1,374 | 1,416 | 1,302 | -4.2% |
Vietnam | 130 | 16.4 | 650 | 598 | 66.3% |
Iran | 79.2 | 518 | 106 | 217 | 39.9% |
Japan | 92.2 | 66.8 | 96.7 | 77.1 | -5.8% |
Thailand | N/A | N/A | 115 | N/A | 0% |
Others | 184 | 135 | 159 | 132 | -10.5% |
Total | 1,967 | 2,110 | 2,542 | 2,326 | 5.7% |
Top Suppliers of Frozen Eels to Malaysia in 2022:
- China (371.7 tons)
- Iran (165.8 tons)
- Vietnam (67.9 tons)
- Japan (10.9 tons)
This report provides an in-depth analysis of the frozen eels 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 2025.
Product coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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