Price for Grapes; Fresh or Dried in Malaysia - 2021
Contents:
- Price for Grapes; Fresh or Dried in Malaysia (CIF) - 2021
- Price for Grapes; Fresh or Dried in Malaysia (FOB) - 2021
- Imports of Grapes; Fresh or Dried in Malaysia
- Exports of Grapes; Fresh or Dried in Malaysia
Price for Grapes; Fresh or Dried in Malaysia (CIF) - 2021
In December 2021, the average grapes; fresh or dried import price amounted to $2,266 per ton, picking up by 8.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2021 an increase of 16% against the previous month. As a result, import price attained the peak level of $2,701 per ton. From September 2021 to December 2021, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($6,754 per ton), while the price for Thailand ($1,274 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 Lebanon (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grapes; Fresh or Dried in Malaysia (FOB) - 2021
The average grapes; fresh or dried export price stood at $1,838 per ton in December 2021, declining by -15.3% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2021 an increase of 53% month-to-month. Over the period under review, the average export prices hit record highs at $2,833 per ton in July 2021; however, from August 2021 to December 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Brunei Darussalam ($4,040 per ton), while the average price for exports to Thailand ($552 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 Singapore (+2.3%), while the prices for the other major destinations experienced a decline.
Imports of Grapes; Fresh or Dried in Malaysia
In 2022, after three years of growth, there was decline in purchases abroad of grapes; fresh or drieds, when their volume decreased by -3.9% to 48K tons. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 8.7% against the previous year. As a result, imports reached the peak of 50K tons, and then declined modestly in the following year.
In value terms, grapes; fresh or dried imports declined to $105M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $114M, and then contracted in the following year.
| Import of Grapes; Fresh or Dried in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.8 | 15.7 | 18.8 | 18.6 | 10.5% |
| South Africa | 14.7 | 13.5 | 23.4 | 18.0 | 7.0% |
| United States | 28.5 | 23.9 | 23.5 | 16.0 | -17.5% |
| Australia | 11.7 | 13.4 | 7.3 | 9.7 | -6.1% |
| Egypt | 7.9 | 8.6 | 12.3 | 9.3 | 5.6% |
| India | 6.2 | 5.7 | 7.7 | 8.9 | 12.8% |
| Chile | 7.8 | 4.0 | 6.4 | 4.5 | -16.8% |
| Others | 7.7 | 10.7 | 14.4 | 19.8 | 37.0% |
| Total | 98.3 | 95.6 | 114 | 105 | 2.2% |
Top Suppliers of Grapes; Fresh or Dried to Malaysia in 2022:
- China (11.5K tons)
- South Africa (8.4K tons)
- India (5.1K tons)
- United States (4.6K tons)
- Egypt (4.1K tons)
- Australia (2.9K tons)
- Chile (2.3K tons)
Exports of Grapes; Fresh or Dried in Malaysia
In 2022, the amount of grapes; fresh or drieds exported from Malaysia reduced to 737 tons, which is down by -10.9% compared with the previous year. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 3.4% against the previous year.
In value terms, grapes; fresh or dried exports rose remarkably to $1.7M in 2022. Overall, exports continue to indicate a sharp contraction.
| Export of Grapes; Fresh or Dried in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2,131 | 767 | 402 | 630 | -33.4% |
| China | 130 | 129 | 450 | 455 | 51.8% |
| Indonesia | 423 | 229 | 245 | 187 | -23.8% |
| Brunei Darussalam | 313 | 241 | 125 | 150 | -21.7% |
| Thailand | 184 | 101 | 96.8 | 73.8 | -26.3% |
| Vietnam | 248 | 70.9 | 4.9 | 35.9 | -47.5% |
| Oman | 23.1 | 47.9 | 32.2 | 24.5 | 2.0% |
| Philippines | 89.7 | 64.3 | 34.1 | 19.2 | -40.2% |
| Poland | 311 | N/A | N/A | N/A | 0% |
| Others | 514 | 219 | 117 | 114 | -39.5% |
| Total | 4,366 | 1,870 | 1,507 | 1,688 | -27.1% |
Top Export Markets for Grapes; Fresh or Dried from Malaysia in 2022:
- Singapore (222.3 tons)
- China (178.1 tons)
- Thailand (128.3 tons)
- Indonesia (74.4 tons)
- Brunei Darussalam (41.8 tons)
- Oman (26.6 tons)
- Vietnam (10.0 tons)
- Philippines (9.4 tons)
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