Malaysia - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRapeseed Oil Price in Malaysia - 2021
Contents:
- Rapeseed Oil Price in Malaysia (FOB) - 2021
- Rapeseed Oil Price in Malaysia (CIF) - 2021
- Rapeseed Oil Exports in Malaysia
- Rapeseed Oil Imports in Malaysia
Rapeseed Oil Price in Malaysia (FOB) - 2021
The average rapeseed oil export price stood at $1,817 per ton in December 2021, therefore, remained relatively stable against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in January 2021 an increase of 12% month-to-month. Over the period under review, the average export prices reached the peak figure in December 2021.
Average prices varied noticeably for the major overseas markets. In December 2021, the highest price was recorded for prices to New Zealand ($1,873 per ton) and the Philippines ($1,806 per ton), while the average price for exports to Taiwan (Chinese) ($1,644 per ton) and Vietnam ($1,682 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Rapeseed Oil Price in Malaysia (CIF) - 2021
The average rapeseed oil import price stood at $1,656 per ton in December 2021, increasing by 21% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +4.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($3,622 per ton), while the price for Bangladesh ($855 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 Belgium (+80.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Rapeseed Oil Exports in Malaysia
Rapeseed oil exports from Malaysia amounted to 83K tons in 2022, remaining relatively unchanged against the previous year. The total export volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of 85K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, rapeseed oil exports dropped to $112M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, the exports attained the peak of $130M, and then declined in the following year.
Export of Rapeseed Oil in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 27.0 | 26.2 | 50.2 | 43.0 | 16.8% |
Philippines | 16.4 | 19.4 | 22.1 | 19.3 | 5.6% |
Australia | 13.7 | 12.1 | 19.1 | 16.4 | 6.2% |
Singapore | 6.7 | 19.9 | 18.1 | 15.0 | 30.8% |
Fiji | 3.8 | 5.2 | 6.9 | 5.8 | 15.1% |
Indonesia | 3.0 | 3.2 | 5.5 | 4.8 | 17.0% |
Vietnam | 1.6 | 2.1 | 1.5 | 1.5 | -2.1% |
Others | 6.8 | 5.9 | 6.4 | 6.0 | -4.1% |
Total | 79.0 | 94.0 | 130 | 112 | 12.3% |
Top Export Markets for Rapeseed Oil from Malaysia in 2022:
- New Zealand (31.7K tons)
- Philippines (15.1K tons)
- Australia (12.7K tons)
- Singapore (9.8K tons)
- Fiji (4.3K tons)
- Indonesia (2.9K tons)
- Vietnam (1.6K tons)
Rapeseed Oil Imports in Malaysia
In 2022, imports of rapeseed oil into Malaysia was estimated at 81K tons, approximately mirroring the previous year. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports reached the peak of 82K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, rapeseed oil imports fell sharply to $88M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 46%. As a result, imports reached the peak of $105M, and then shrank notably in the following year.
Import of Rapeseed Oil in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 22.5 | 32.3 | 31.6 | 31.6 | 12.0% |
United Arab Emirates | 15.8 | 13.7 | 30.8 | 22.6 | 12.7% |
Australia | 5.5 | 10.4 | 28.0 | 16.0 | 42.8% |
Japan | 0.9 | 1.7 | 2.3 | 7.3 | 100.9% |
Bangladesh | 0.6 | 2.4 | 0.6 | 4.0 | 88.2% |
Belgium | 0.5 | 1.7 | 1.7 | 1.7 | 50.4% |
Ukraine | 4.0 | 1.9 | 0.5 | 1.1 | -35.0% |
Croatia | N/A | 5.4 | 3.5 | N/A | -35.2% |
Others | 5.5 | 2.4 | 5.8 | 4.0 | -10.1% |
Total | 55.3 | 71.7 | 105 | 88.3 | 16.9% |
Top Suppliers of Rapeseed Oil to Malaysia in 2022:
- Canada (38.8K tons)
- United Arab Emirates (18.3K tons)
- Australia (8.9K tons)
- Bangladesh (4.6K tons)
- Japan (4.5K tons)
- Ukraine (1.3K tons)
- Belgium (1.2K tons)
This report provides an in-depth analysis of the rapeseed oil market 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:
- FCL 271 - Oil of Rapeseed or Canola oil
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the rapeseed oil market in Malaysia.
This report provides an in-depth analysis of the crude rapeseed oil market in Malaysia.
This report provides an in-depth analysis of the refined rapeseed oil market in Malaysia.
This report provides an in-depth analysis of the global rapeseed oil market.
This report provides an in-depth analysis of the global crude rapeseed oil market.
This report provides an in-depth analysis of the global refined rapeseed oil market.
This report provides an in-depth analysis of the rapeseed oil market in Malaysia.
This report provides an in-depth analysis of the crude rapeseed oil market in Malaysia.
This report provides an in-depth analysis of the refined rapeseed oil market in Malaysia.
This report provides an in-depth analysis of the global rapeseed oil market.
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.
In 2015, the countries with the highest levels of production were China (X thousand tons), Germany (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
Discover the world's leading import markets for crude rapeseed oil based on import value in 2023. Learn about the key countries driving global trade in this popular vegetable oil.
Discover the top import markets for refined rapeseed oil and their key statistics. Learn about the countries with the highest import values, such as the United States, Netherlands, and Belgium.
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.