Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia - 2024

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia (CIF) - 2022
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia (FOB) - 2022
  3. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia
  4. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia (CIF) - 2022

The average import price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $3,129 per ton in 2022, with an increase of 26% against the previous year. In general, the import price posted a perceptible increase. The growth pace was the most rapid in 2021 an increase of 84% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 Australia ($5,673 per ton), while the price for Indonesia ($600 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia (FOB) - 2022

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $1,509 per ton in 2022, with an increase of 3.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 27% against the previous year. The export price peaked at $1,668 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -1.0% per year.

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia

For the third consecutive year, Malaysia recorded decline in purchases abroad of vegetables, brassica; brussel sprouts, fresh or chilleds, which decreased by -26.7% to 123 tons in 2022. Overall, imports faced a precipitous setback. The smallest decline of -25.3% was in 2020.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds fell to $385K in 2022. Over the period under review, imports recorded a abrupt setback.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia12711013617110.4%
Netherlands140131111126-3.5%
United States0.44.955.539.6362.6%
Indonesia39028597.629.3-57.8%
China4.13.811.111.541.0%
Others2.03.05.98.360.7%
Total663537417385-16.6%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Malaysia in 2022:

  1. Indonesia (48.9 tons)
  2. Australia (30.1 tons)
  3. Netherlands (26.2 tons)
  4. United States (10.8 tons)
  5. China (4.8 tons)

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia

In 2022, approx. 50 tons of vegetables, brassica; brussel sprouts, fresh or chilleds were exported from Malaysia; growing by 1,691% on 2021. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds skyrocketed to $75K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore0.52.44.073.2427.0%
Others0.2N/AN/A2.0115.4%
Total0.72.44.075.2375.4%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Malaysia in 2022:

  1. Singapore (49.5 tons)

Source: IndexBox Market Intelligence Platform

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