Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Malaysia - 2024

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Malaysia (CIF) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Malaysia (FOB) - 2022
3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Malaysia
4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Malaysia

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Malaysia (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $3,532 per ton, rising by 28% against the previous year. In general, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Sweden ($5,909 per ton), while the price for Latvia ($1,066 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Malaysia (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $3,611 per ton, with an increase of 19% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.7% 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 cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses increased by +54.5% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 30%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($3,639 per ton), while the average price for exports to Indonesia totaled $1,954 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Malaysia

For the fourth year in a row, Malaysia recorded growth in supplies from abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses, which increased by 203% to 891 tons in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $3.1M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Malaysia in 2022:

1. Taiwan (Chinese) (404.0 tons)
2. Sweden (194.4 tons)
3. Australia (99.8 tons)
4. United States (60.4 tons)
5. Finland (56.2 tons)
6. Latvia (36.1 tons)
7. China (21.4 tons)
8. Japan (11.6 tons)
9. Canada (3.6 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Malaysia

In 2022, approx. 636 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses were exported from Malaysia; growing by 33% compared with the year before. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 57% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses soared to $2.3M in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Malaysia in 2022:

1. Singapore (620.8 tons)
2. Indonesia (12.4 tons)

Source: IndexBox Market Intelligence Platform