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Malaysia - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Pig Meat Other than Cuts or Carcases in Malaysia - 2023
Contents:
- Price for Frozen Pig Meat Other than Cuts or Carcases in Malaysia (CIF) - 2023
- Price for Frozen Pig Meat Other than Cuts or Carcases in Malaysia (FOB) - 2023
- Imports of Frozen Pig Meat Other than Cuts or Carcases in Malaysia
- Exports of Frozen Pig Meat Other than Cuts or Carcases in Malaysia
Price for Frozen Pig Meat Other than Cuts or Carcases in Malaysia (CIF) - 2023
The average import price for frozen pig meat other than cuts or carcases stood at $3,139 per ton in October 2023, rising by 2.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in November 2022 when the average import price increased by 17% month-to-month. Over the period under review, average import prices attained the peak figure at $3,314 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($3,851 per ton), while the price for Australia ($2,205 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+56.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Pig Meat Other than Cuts or Carcases in Malaysia (FOB) - 2023
In October 2023, the average export price for frozen pig meat other than cuts or carcases amounted to $3,399 per ton, which is down by -45.4% against the previous month. In general, the export price saw a perceptible setback. The most prominent rate of growth was recorded in December 2022 an increase of 80% month-to-month. The export price peaked at $6,802 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Brunei Darussalam ($6,170 per ton), while the average price for exports to Indonesia totaled $2,954 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Pig Meat Other than Cuts or Carcases in Malaysia
Imports of frozen pig meat other than cuts or carcases into Malaysia soared to 31K tons in 2022, rising by 112% against the previous year's figure. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen pig meat other than cuts or carcases soared to $89M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Pig Meat Other than Cuts or Carcases in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 11.3 | 8.3 | 11.4 | 34.8 | 45.5% |
Netherlands | 3.7 | 7.2 | 11.1 | 21.1 | 78.7% |
Denmark | 2.4 | 1.1 | 6.3 | 19.2 | 100.0% |
Belgium | 0.9 | 1.6 | 17.4 | 8.9 | 114.6% |
Canada | 0.5 | 2.1 | 0.9 | 1.4 | 40.9% |
Australia | 1.0 | 0.3 | 0.1 | 1.4 | 11.9% |
Germany | 26.9 | 24.6 | 0.7 | 0.3 | -77.7% |
Others | 2.3 | 1.5 | 2.1 | 2.2 | -1.5% |
Total | 49.1 | 46.6 | 49.9 | 89.3 | 22.1% |
Top Suppliers of Frozen Pig Meat Other than Cuts or Carcases to Malaysia in 2022:
- Spain (12.3K tons)
- Netherlands (6.9K tons)
- Denmark (6.1K tons)
- Belgium (2.9K tons)
- Australia (1.0K tons)
- Canada (0.6K tons)
- Germany (0.2K tons)
Exports of Frozen Pig Meat Other than Cuts or Carcases in Malaysia
In 2022, the amount of frozen pig meat other than cuts or carcases exported from Malaysia surged to 489 tons, jumping by 146% against the previous year. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 222%. As a result, the exports attained the peak of 538 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of frozen pig meat other than cuts or carcases soared to $2M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Frozen Pig Meat Other than Cuts or Carcases in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brunei Darussalam | 130 | 248 | 194 | 1,171 | 108.1% |
Singapore | 90.0 | 173 | 66.4 | 526 | 80.1% |
Hong Kong SAR | 8.4 | 3.3 | 211 | 188 | 181.8% |
Spain | 53.7 | N/A | N/A | 139 | 37.3% |
Thailand | N/A | 612 | 2.6 | N/A | -99.6% |
Poland | 70.4 | N/A | N/A | N/A | 0% |
Others | 91.9 | 31.3 | 22.0 | 13.9 | -46.7% |
Total | 445 | 1,068 | 496 | 2,038 | 66.1% |
Top Export Markets for Frozen Pig Meat Other than Cuts or Carcases from Malaysia in 2022:
- Brunei Darussalam (237.0 tons)
- Singapore (123.6 tons)
- Hong Kong SAR (79.7 tons)
- Spain (46.4 tons)
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases 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 10113290 - Frozen pig meat (excluding carcases and half-carcases, h ams, shoulders and cuts thereof with bone in)
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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