Price for Apples, Pears and Quinces; Fresh in Malaysia - 2021
Contents:
- Price for Apples, Pears and Quinces; Fresh in Malaysia (CIF) - 2021
- Price for Apples, Pears and Quinces; Fresh in Malaysia (FOB) - 2021
- Imports of Apples, Pears and Quinces; Fresh in Malaysia
- Exports of Apples, Pears and Quinces; Fresh in Malaysia
Price for Apples, Pears and Quinces; Fresh in Malaysia (CIF) - 2021
The average import price for apples, pears and quinces; freshes stood at $1,129 per ton in December 2021, rising by 8.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $1,259 per ton in January 2021; however, from February 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 the United States ($1,917 per ton), while the price for Turkey ($973 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 South Africa (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Apples, Pears and Quinces; Fresh in Malaysia (FOB) - 2021
The average export price for apples, pears and quinces; freshes stood at $1,103 per ton in December 2021, picking up by 9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in January 2021 an increase of 27% m-o-m. Over the period under review, the average export prices hit record highs at $1,303 per ton in February 2021; however, from March 2021 to December 2021, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($3,663 per ton), while the average price for exports to Thailand ($628 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 Bangladesh (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Apples, Pears and Quinces; Fresh in Malaysia
In 2022, approx. 146K tons of apples, pears and quinces; freshes were imported into Malaysia; growing by 1.8% compared with 2021 figures. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 3.5% against the previous year. As a result, imports attained the peak of 148K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, apples, pears and quinces; fresh imports declined to $156M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.8%. As a result, imports attained the peak of $160M, and then contracted modestly in the following year.
| Import of Apples, Pears and Quinces; Fresh in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 58.7 | 71.9 | 78.7 | 73.6 | 7.8% |
| South Africa | 61.0 | 46.2 | 49.1 | 48.0 | -7.7% |
| New Zealand | 12.7 | 13.4 | 13.6 | 12.8 | 0.3% |
| Turkey | 2.9 | 3.9 | 7.4 | 7.0 | 34.1% |
| United States | 6.8 | 7.1 | 5.0 | 5.8 | -5.2% |
| France | 5.6 | 5.2 | 1.6 | 3.8 | -12.1% |
| Others | 7.3 | 5.0 | 4.6 | 5.3 | -10.1% |
| Total | 155 | 153 | 160 | 156 | 0.2% |
Top Suppliers of Apples, Pears and Quinces; Fresh to Malaysia in 2022:
- China (70.0K tons)
- South Africa (48.5K tons)
- New Zealand (7.5K tons)
- Turkey (7.1K tons)
- United States (4.5K tons)
- France (3.4K tons)
Exports of Apples, Pears and Quinces; Fresh in Malaysia
In 2022, overseas shipments of apples, pears and quinces; freshes decreased by -2.3% to 2.9K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 54% against the previous year.
In value terms, apples, pears and quinces; fresh exports declined to $2.9M in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20%.
| Export of Apples, Pears and Quinces; Fresh in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 939 | 1,407 | 1,331 | 1,242 | 9.8% |
| Indonesia | 556 | 654 | 573 | 548 | -0.5% |
| Thailand | 141 | 218 | 502 | 468 | 49.2% |
| Brunei Darussalam | 224 | 274 | 332 | 310 | 11.4% |
| Cambodia | 19.1 | 6.5 | 150 | 140 | 94.3% |
| Vietnam | 222 | 78.6 | 110 | 127 | -17.0% |
| Others | 167 | 88.9 | 79.0 | 67.4 | -26.1% |
| Total | 2,268 | 2,727 | 3,077 | 2,902 | 8.6% |
Top Export Markets for Apples, Pears and Quinces; Fresh from Malaysia in 2022:
- Singapore (1195.5 tons)
- Thailand (799.0 tons)
- Indonesia (495.6 tons)
- Brunei Darussalam (181.5 tons)
- Vietnam (83.4 tons)
- Cambodia (59.5 tons)
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