Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia - 2024
Contents:
- Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia (CIF) - 2024
- Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia (FOB) - 2022
- Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia
- Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia
Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia (CIF) - 2024
In April 2024, the average import price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen amounted to $663 per ton, picking up by 5.1% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 when the average import price increased by 28% against the previous month. As a result, import price attained the peak level of $881 per ton. From November 2023 to April 2024, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From April 2023 to April 2024, the rate of growth in terms of prices for Singapore amounted to +12.3% per month.
Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia (FOB) - 2022
The average export price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen stood at $2,401 per ton in 2022, increasing by 6.4% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen increased by +3.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 80% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($2,981 per ton), while the average price for exports to Indonesia ($1,387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia
After three years of growth, supplies from abroad of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen decreased by -13.1% to 24K tons in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 132%.
In value terms, imports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen fell to $12M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 82%.
| Import of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.1 | 3.0 | 3.9 | 5.6 | 21.8% |
| Netherlands | 0.8 | 1.9 | 2.6 | 1.3 | 17.6% |
| Denmark | 0.6 | 2.0 | 2.5 | 1.3 | 29.4% |
| United States | 0.5 | 2.2 | 1.4 | 1.1 | 30.1% |
| Poland | 0.3 | 0.6 | 1.4 | 0.9 | 44.2% |
| New Zealand | 0.7 | 0.8 | 0.4 | 0.7 | 0.0% |
| United Arab Emirates | N/A | N/A | N/A | 0.3 | 0% |
| United Kingdom | N/A | 0.1 | 0.5 | 0.2 | 41.4% |
| Others | 0.2 | 0.9 | 0.8 | 0.5 | 35.7% |
| Total | 6.3 | 11.5 | 13.5 | 11.9 | 23.6% |
Top Suppliers of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen to Malaysia in 2022:
- China (9.1K tons)
- Netherlands (3.3K tons)
- Denmark (3.3K tons)
- United States (3.2K tons)
- Poland (2.5K tons)
- United Arab Emirates (0.7K tons)
- United Kingdom (0.5K tons)
- New Zealand (0.4K tons)
Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia
In 2022, approx. 220 tons of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen were exported from Malaysia; which is down by -18.4% compared with 2021. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 25%.
In value terms, exports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen declined to $527K in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 25%.
| Export of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 201 | 183 | 183 | 213 | 2.0% |
| Australia | 146 | 160 | 257 | 185 | 8.2% |
| Hong Kong SAR | 186 | 64.2 | 89.7 | 78.5 | -25.0% |
| Maldives | 21.2 | 25.6 | 36.2 | 36.3 | 19.6% |
| Indonesia | 7.3 | 7.3 | 8.7 | 10.0 | 11.1% |
| Thailand | 21.5 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 23.9 | 23.0 | 7.7 | N/A | -43.2% |
| Others | 42.4 | 20.5 | 25.4 | 4.8 | -51.6% |
| Total | 649 | 484 | 607 | 527 | -6.7% |
Top Export Markets for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen from Malaysia in 2022:
- Singapore (91.3 tons)
- Australia (62.1 tons)
- Hong Kong SAR (32.3 tons)
- Maldives (23.7 tons)
- Indonesia (7.2 tons)
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