![Malaysia - Rennet And Concentrates Thereof - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/malaysia-rennet-and-concentrates-thereof-market-analysis-forecast-size-trends-and-insights.webp)
Malaysia - Rennet And Concentrates Thereof - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRennet Price in Malaysia - 2021
Contents:
- Rennet Price in Malaysia (CIF) - 2022
- Rennet Price in Malaysia (FOB) - 2022
- Rennet Imports in Malaysia
- Rennet Exports in Malaysia
Rennet Price in Malaysia (CIF) - 2022
In 2022, the average rennet import price amounted to $13,955 per ton, dropping by -10.8% against the previous year. In general, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 139% against the previous year. Over the period under review, average import prices attained the maximum at $21,377 per ton in 2012; however, from 2013 to 2022, 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 Italy ($51,061 per ton), while the price for the United States ($6,772 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Rennet Price in Malaysia (FOB) - 2022
The average rennet export price stood at $6,213 per ton in 2022, waning by -12.8% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 42%. As a result, the export price reached the peak level of $14,849 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($12,150 per ton), while the average price for exports to Bangladesh ($635 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 Indonesia (+13.0%), while the prices for the other major destinations experienced a decline.
Rennet Imports in Malaysia
In 2022, approx. 8.4 tons of rennet and concentrates thereof were imported into Malaysia; with a decrease of -14.3% on the previous year's figure. Over the period under review, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
In value terms, rennet imports declined notably to $117K in 2022. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 89%.
Import of Rennet in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 158 | 51.2 | 94.2 | 77.5 | -21.1% |
Japan | 3.0 | 1.6 | 16.5 | 9.7 | 47.9% |
United States | 20.7 | 4.2 | 9.1 | 7.9 | -27.5% |
United Kingdom | N/A | 14.3 | N/A | N/A | 0% |
Others | 38.6 | 9.5 | 33.1 | 21.8 | -17.3% |
Total | 221 | 80.8 | 153 | 117 | -19.1% |
Top Suppliers of Rennet to Malaysia in 2022:
- Taiwan (Chinese) (6.5 tons)
- United States (1.2 tons)
- Japan (0.4 tons)
Rennet Exports in Malaysia
In 2022, shipments abroad of rennet and concentrates thereof increased by 49% to 1.1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep reduction.
In value terms, rennet exports surged to $6.8K in 2022. In general, exports, however, faced a sharp downturn.
Export of Rennet in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 9.3 | 6.3 | 4.9 | 5.8 | -14.6% |
Indonesia | 4.7 | 1.5 | N/A | 0.8 | -44.6% |
Bangladesh | 0.9 | 0.4 | 0.2 | 0.2 | -39.4% |
Sri Lanka | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 15.1 | 8.3 | 5.2 | 6.8 | -23.4% |
Top Export Markets for Rennet from Malaysia in 2022:
- Philippines (740.0 kg)
- Bangladesh (245.0 kg)
- Indonesia (62.0 kg)
- Sri Lanka (33.0 kg)
This report provides an in-depth analysis of the rennet 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:
- Prodcom 20146450 - Rennet and concentrates thereof
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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 rennet market in Malaysia.
This report provides an in-depth analysis of the global rennet market.
This report provides an in-depth analysis of the rennet market in Malaysia.
This report provides an in-depth analysis of the global rennet market.
Nothing found. Please try again.