Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia - 2024

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia (CIF) - 2022
  2. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia (FOB) - 2022
  3. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia
  4. Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia (CIF) - 2022

In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $2,058 per ton, with an increase of 4.6% against the previous year. In general, the import price, however, saw a mild shrinkage. The growth pace was the most rapid in 2013 an increase of 55%. As a result, import price attained the peak level of $3,788 per ton. From 2014 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 ($10,118 per ton), while the price for New Zealand ($388 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia (FOB) - 2022

In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $1,649 per ton, dropping by -4% against the previous year. Overall, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of 97% against the previous year. As a result, the export price attained the peak level of $3,118 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,484 per ton), while the average price for exports to Singapore amounted to $1,316 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.2%).

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia

In 2022, the amount of fats and oils and their fractions; of fish, (excluding liver-oils)s imported into Malaysia soared to 19K tons, growing by 106% compared with the year before. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s soared to $39M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam0.30.40.215.1269.2%
JapanN/AN/A0.45.51275.0%
Thailand0.31.02.23.8133.1%
Chile1.30.71.11.67.2%
Norway0.20.20.61.281.7%
Indonesia0.21.31.60.858.7%
New Zealand0.70.30.80.70.0%
Morocco1.22.4N/A0.5-25.3%
Philippines2.62.20.7N/A-48.1%
Gambia0.60.4N/AN/A-33.3%
Mauritania0.71.1N/AN/A57.1%
Others10.010.510.59.7-1.0%
Total18.020.718.138.929.3%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Malaysia in 2022:

  1. Vietnam (10.4K tons)
  2. New Zealand (1.8K tons)
  3. Chile (1.7K tons)
  4. Thailand (1.5K tons)
  5. Indonesia (0.5K tons)
  6. Japan (0.5K tons)
  7. Norway (0.5K tons)
  8. Morocco (0.2K tons)

Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia

In 2022, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from Malaysia surged to 12K tons, with an increase of 1,584% on 2021. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s surged to $20M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A11.50%
China2.96.51.28.643.7%
Others0.10.4N/A0.10.0%
Total3.06.91.220.188.5%

Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from Malaysia in 2022:

  1. Singapore (8.7K tons)
  2. China (3.4K tons)

Source: IndexBox Market Intelligence Platform

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