Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia - 2024
Contents:
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia (CIF) - 2022
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia (FOB) - 2022
- Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia
- Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia (CIF) - 2022
In 2022, the average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $3,236 per ton, approximately equating the previous year. Overall, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 58%. Over the period under review, average import prices reached the peak figure at $3,390 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($5,584 per ton), while the price for China ($1,658 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia (FOB) - 2022
In 2022, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $2,322 per ton, jumping by 16% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes increased by +53.7% against 2020 indices. The growth pace was the most rapid in 2015 when the average export price increased by 46% against the previous year. The export price peaked at $2,409 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($5,434 per ton), while the average price for exports to Thailand ($984 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia
In 2022, the amount of apricots, cherries, peaches (including nectarines), plums and sloes, freshes imported into Malaysia dropped to 12K tons, waning by -6.3% against 2021. In general, imports showed a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 9.4%.
In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes reduced to $39M in 2022. Overall, imports saw a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of 4%. As a result, imports reached the peak of $42M, and then dropped in the following year.
| Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.8 | 6.8 | 7.1 | 5.3 | -8.0% |
| South Africa | 2.7 | 2.1 | 2.6 | 2.9 | 2.4% |
| United States | 3.7 | 3.7 | 3.5 | 2.6 | -11.1% |
| China | 0.9 | 1.8 | 2.1 | 2.4 | 38.7% |
| Turkey | 1.6 | 2.2 | 1.9 | 1.8 | 4.0% |
| Spain | 1.5 | 0.9 | 0.7 | 1.0 | -12.6% |
| Chile | 0.9 | 0.5 | 0.7 | 0.9 | 0.0% |
| Others | 23.4 | 22.2 | 23.3 | 22.3 | -1.6% |
| Total | 41.6 | 40.2 | 41.8 | 39.3 | -1.9% |
Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Malaysia in 2022:
- China (1.5K tons)
- South Africa (1.4K tons)
- Australia (1.1K tons)
- United States (0.5K tons)
- Spain (0.5K tons)
- Turkey (0.3K tons)
- Chile (0.2K tons)
Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia
In 2022, approx. 234 tons of apricots, cherries, peaches (including nectarines), plums and sloes, freshes were exported from Malaysia; growing by 43% compared with 2021 figures. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% 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 +69.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes skyrocketed to $544K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 44.3 | 48.0 | 34.8 | 176 | 58.4% |
| Brunei Darussalam | 11.8 | 5.2 | 29.4 | 43.8 | 54.8% |
| Indonesia | 40.6 | 16.9 | 33.6 | 32.2 | -7.4% |
| Vietnam | 9.9 | 13.5 | 47.7 | 13.0 | 9.5% |
| Thailand | 9.8 | 13.8 | 14.1 | 6.3 | -13.7% |
| India | 27.7 | 0.5 | 2.4 | N/A | -70.6% |
| Others | 159 | 111 | 165 | 274 | 19.9% |
| Total | 303 | 209 | 327 | 544 | 21.5% |
Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Malaysia in 2022:
- Singapore (79.1 tons)
- Brunei Darussalam (18.5 tons)
- Indonesia (11.8 tons)
- Thailand (6.4 tons)
- Vietnam (2.4 tons)
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