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Malaysia - Salmon (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Salmon Price in Malaysia - 2021
Contents:
- Preserved Salmon Price in Malaysia (CIF) - 2022
- Preserved Salmon Price in Malaysia (FOB) - 2022
- Preserved Salmon Imports in Malaysia
- Preserved Salmon Exports in Malaysia
Preserved Salmon Price in Malaysia (CIF) - 2022
The average preserved salmon import price stood at $8,783 per ton in 2022, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 37%. As a result, import price attained the peak level of $11,466 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($26,297 per ton), while the price for Myanmar ($6,436 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Salmon Price in Malaysia (FOB) - 2022
In 2022, the average preserved salmon export price amounted to $9,456 per ton, shrinking by -26.3% against the previous year. Overall, the export price, however, saw a noticeable expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 118% against the previous year. The export price peaked at $12,834 per ton in 2021, and then fell notably in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($9,878 per ton), while the average price for exports to New Zealand stood at $8,972 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Salmon Imports in Malaysia
In 2022, purchases abroad of salmon (prepared or preserved) decreased by -4.3% to 58 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 217% against the previous year. As a result, imports reached the peak of 64 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved salmon imports rose rapidly to $514K in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 141% against the previous year. As a result, imports attained the peak of $557K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Preserved Salmon in Malaysia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | 5.4 | 1.5 | 416 | 777.7% |
Myanmar | 1.0 | N/A | N/A | 64.7 | 301.5% |
Japan | N/A | 6.5 | 9.2 | 33.3 | 126.3% |
Thailand | 60.9 | 285 | 344 | N/A | 137.7% |
Vietnam | 43.7 | 162 | 53.7 | N/A | 10.9% |
Singapore | 95.2 | 29.4 | 25.8 | N/A | -47.9% |
Taiwan (Chinese) | 24.8 | 64.1 | 33.0 | N/A | 15.4% |
Others | 5.3 | 4.6 | 3.5 | N/A | -18.7% |
Total | 231 | 557 | 470 | 514 | 30.6% |
Top Suppliers of Preserved Salmon to Malaysia in 2022:
- United Kingdom (47.2 tons)
- Myanmar (10.1 tons)
- Japan (1.3 tons)
Preserved Salmon Exports in Malaysia
In 2022, approx. 11 tons of salmon (prepared or preserved) were exported from Malaysia; growing by 4.3% against the previous year. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved salmon exports shrank remarkably to $107K in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 86% against the previous year. As a result, the exports reached the peak of $139K, and then dropped rapidly in the following year.
Export of Preserved Salmon in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | N/A | 28.6 | 126 | 59.8 | 44.6% |
New Zealand | N/A | N/A | N/A | 47.4 | 0% |
Brunei Darussalam | N/A | 3.7 | 2.4 | N/A | -35.1% |
Singapore | 48.2 | 39.3 | 10.6 | N/A | -53.1% |
Myanmar | 0.3 | N/A | N/A | N/A | 0% |
Others | 6.8 | 3.3 | N/A | N/A | -51.5% |
Total | 55.4 | 74.9 | 139 | 107 | 24.5% |
Top Export Markets for Preserved Salmon from Malaysia in 2022:
- Japan (6.0 tons)
- New Zealand (5.3 tons)
This report provides an in-depth analysis of the preserved salmon 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:
- Prodcom 10202510 - Prepared or preserved salmon, whole or in pieces (excluding minced products and prepared meals and dishes)
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
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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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