Price for Plants, Live; Unrooted Cuttings and Slips in Malaysia - 2024

Contents:

1. Price for Plants, Live; Unrooted Cuttings and Slips in Malaysia (CIF) - 2022
2. Price for Plants, Live; Unrooted Cuttings and Slips in Malaysia (FOB) - 2024
3. Imports of Plants, Live; Unrooted Cuttings and Slips in Malaysia
4. Exports of Plants, Live; Unrooted Cuttings and Slips in Malaysia

Price for Plants, Live; Unrooted Cuttings and Slips in Malaysia (CIF) - 2022

In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.5 per unit, shrinking by -4.3% against the previous year. In general, the import price recorded a mild descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $0.7 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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 Thailand ($1.6 per unit), while the price for Taiwan (Chinese) ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+54.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Plants, Live; Unrooted Cuttings and Slips in Malaysia (FOB) - 2024

In January 2024, the average export price for plants, live; unrooted cuttings and slipses amounted to $410 per thousand units, increasing by 31% against the previous month. Over the period under review, the export price saw mild growth. The most prominent rate of growth was recorded in February 2023 an increase of 180% month-to-month. As a result, the export price reached the peak level of $0.9 per unit. From March 2023 to January 2024, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Thailand ($747 per thousand units), while the average price for exports to the United States amounted to $298 per thousand units.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (0.0%), while the prices for the other major destinations experienced a decline.

Imports of Plants, Live; Unrooted Cuttings and Slips in Malaysia

Imports of plants, live; unrooted cuttings and slipses into Malaysia soared to 2.8M units in 2022, picking up by 673% on 2021 figures. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of plants, live; unrooted cuttings and slipses skyrocketed to $1.3M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Malaysia in 2022:

1. China (2051.8K units)
2. Netherlands (564.9K units)
3. Thailand (56.9K units)
4. Taiwan (Chinese) (46.6K units)

Exports of Plants, Live; Unrooted Cuttings and Slips in Malaysia

In 2022, exports of plants, live; unrooted cuttings and slipses from Malaysia contracted to 3M units, waning by -12.6% on the previous year's figure. In general, exports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 111% against the previous year. As a result, the exports attained the peak of 3.4M units, and then contracted in the following year.

In value terms, exports of plants, live; unrooted cuttings and slipses declined significantly to $1M in 2022. Overall, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 273% against the previous year. As a result, the exports reached the peak of $1.7M, and then shrank remarkably in the following year.

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Malaysia in 2022:

1. United States (2245.7K units)
2. Kuwait (320.5K units)
3. United Arab Emirates (218.8K units)
4. Thailand (106.2K units)
5. Bahrain (53.8K units)

Source: IndexBox Market Intelligence Platform