Liqueurs and Cordials Price in Malaysia - 2021
Contents:
- Liqueurs and Cordials Price in Malaysia (CIF) - 2021
- Liqueurs and Cordials Price in Malaysia (FOB) - 2022
- Liqueurs and Cordials Imports in Malaysia
- Liqueurs and Cordials Exports in Malaysia
Liqueurs and Cordials Price in Malaysia (CIF) - 2021
The average liqueurs and cordials import price stood at $9.3 per litre in December 2021, growing by 249% against the previous month. Over the period under review, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in April 2021 an increase of 589% against the previous month. As a result, import price attained the peak level of $27.7 per litre. From May 2021 to December 2021, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($16.2 per litre), while the price for South Korea ($1.4 per litre) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Malaysia (FOB) - 2022
The average liqueurs and cordials export price stood at $10 per litre in 2022, with an increase of 9% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 102% against the previous year. As a result, the export price reached the peak level of $28 per litre. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($15 per litre), while the average price for exports to the Netherlands ($4.6 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Liqueurs and Cordials Imports in Malaysia
Liqueurs and cordials imports into Malaysia declined dramatically to 745K litres in 2022, shrinking by -50.2% against the previous year. Over the period under review, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 103%. Over the period under review, imports attained the maximum at 6.3M litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, liqueurs and cordials imports fell dramatically to $3.7M in 2022. Overall, imports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Liqueurs and Cordials in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 10,824 | 341 | 214 | 1,570 | -47.5% |
France | 1,474 | 1,102 | 1,383 | 626 | -24.8% |
Japan | 396 | 331 | 799 | 362 | -2.9% |
Germany | 851 | 265 | 533 | 242 | -34.2% |
China | 1,299 | 5.6 | 64.9 | 189 | -47.4% |
United Arab Emirates | 8.2 | 97.7 | 262 | 119 | 143.9% |
United Kingdom | 496 | 161 | 125 | 110 | -39.5% |
India | 26.8 | 35.8 | 103 | 46.8 | 20.4% |
South Korea | N/A | 41.7 | 312 | N/A | 648.2% |
Others | 1,797 | 568 | 648 | 433 | -37.8% |
Total | 17,173 | 2,949 | 4,446 | 3,697 | -40.1% |
Top Suppliers of Liqueurs and Cordials to Malaysia in 2022:
- Singapore (288.8K litres)
- Japan (161.9K litres)
- France (65.0K litres)
- Germany (41.5K litres)
- China (35.6K litres)
- India (34.5K litres)
- United Arab Emirates (33.1K litres)
- United Kingdom (15.0K litres)
Liqueurs and Cordials Exports in Malaysia
Liqueurs and cordials exports from Malaysia fell to 8.5K litres in 2022, which is down by -7.5% compared with the previous year's figure. In general, exports faced a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 35%. Over the period under review, the exports reached the maximum at 30K litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, liqueurs and cordials exports totaled $86K in 2022. Over the period under review, exports recorded a significant contraction. Over the period under review, the exports reached the peak figure at $334K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Liqueurs and Cordials in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 116 | 60.4 | 70.0 | 50.5 | -24.2% |
Indonesia | 63.5 | 6.9 | 6.3 | 12.9 | -41.2% |
India | 39.9 | 3.3 | 0.5 | 7.2 | -43.5% |
China | 31.4 | 1.0 | 0.3 | 5.1 | -45.4% |
Thailand | 17.4 | 4.1 | 1.9 | 4.4 | -36.8% |
Netherlands | 0.7 | 6.0 | 4.2 | 3.0 | 62.4% |
Australia | 8.0 | 0.5 | N/A | 1.4 | -44.1% |
United States | 0.9 | 3.5 | N/A | 1.4 | 15.9% |
Vietnam | 44.7 | N/A | N/A | N/A | 0% |
Others | 11.7 | 1.4 | 2.3 | 0.6 | -62.8% |
Total | 334 | 87.1 | 85.6 | 86.3 | -36.3% |
Top Export Markets for Liqueurs and Cordials from Malaysia in 2022:
- Singapore (3399.0 litres)
- Indonesia (2039.0 litres)
- India (798.0 litres)
- Thailand (659.0 litres)
- Netherlands (652.0 litres)
- China (510.0 litres)
- United States (198.0 litres)
- Australia (138.0 litres)
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