Starch; Manioc (Cassava) Price in Malaysia - 2021
Contents:
- Starch; Manioc (Cassava) Price in Malaysia (CIF) - 2021
- Starch; Manioc (Cassava) Price in Malaysia (FOB) - 2022
- Starch; Manioc (Cassava) Imports in Malaysia
- Starch; Manioc (Cassava) Exports in Malaysia
Starch; Manioc (Cassava) Price in Malaysia (CIF) - 2021
In December 2021, the average starch; manioc (cassava) import price amounted to $489 per ton, remaining constant against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 5.4% against the previous month. Over the period under review, average import prices attained the peak figure in December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Vietnam ($652 per ton), while the price for Myanmar ($430 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 Thailand (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Starch; Manioc (Cassava) Price in Malaysia (FOB) - 2022
The average starch; manioc (cassava) export price stood at $674 per ton in 2022, dropping by -2.8% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch; manioc (cassava) export price increased by +8.3% against 2018 indices. The growth pace was the most rapid in 2014 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices reached the peak figure at $934 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
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 the UK ($1,095 per ton), while the average price for exports to the Philippines ($181 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 Myanmar (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Starch; Manioc (Cassava) Imports in Malaysia
In 2022, purchases abroad of starch; manioc (cassava)s was finally on the rise to reach 143K tons after two years of decline. In general, imports, however, showed a noticeable downturn.
In value terms, starch; manioc (cassava) imports fell modestly to $61M in 2022. Over the period under review, imports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 3.6% against the previous year.
| Import of Starch; Manioc (Cassava) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 50.9 | 42.3 | 56.2 | 49.6 | -0.9% |
| Vietnam | 11.5 | 12.4 | 1.8 | 7.8 | -12.1% |
| Indonesia | 4.6 | 3.9 | 2.4 | 2.1 | -23.0% |
| Others | 2.0 | 1.5 | 1.8 | 1.7 | -5.3% |
| Total | 69.1 | 60.1 | 62.2 | 61.1 | -4.0% |
Top Suppliers of Starch; Manioc (Cassava) to Malaysia in 2022:
- Thailand (115.2K tons)
- Vietnam (18.5K tons)
- Indonesia (5.2K tons)
Starch; Manioc (Cassava) Exports in Malaysia
In 2022, after two years of decline, there was growth in shipments abroad of starch; manioc (cassava)s, when their volume increased by 3.8% to 276 tons. Over the period under review, exports, however, saw a dramatic slump.
In value terms, starch; manioc (cassava) exports stood at $186K in 2022. In general, exports, however, faced a dramatic contraction.
| Export of Starch; Manioc (Cassava) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 84.0 | 99.4 | 18.3% |
| Singapore | 146 | 112 | 59.6 | 52.4 | -28.9% |
| Myanmar | 162 | 57.9 | 28.1 | 22.7 | -48.1% |
| Sri Lanka | 19.1 | 4.3 | 3.7 | 3.3 | -44.3% |
| Thailand | 12.9 | 5.5 | 3.2 | 3.1 | -37.8% |
| Brunei Darussalam | 9.5 | 3.2 | 3.1 | 2.7 | -34.3% |
| Others | 16.7 | 4.0 | 2.7 | 2.3 | -48.4% |
| Total | 366 | 188 | 184 | 186 | -20.2% |
Top Export Markets for Starch; Manioc (Cassava) from Malaysia in 2022:
- Singapore (125.0 tons)
- United Kingdom (90.8 tons)
- Myanmar (25.8 tons)
- Sri Lanka (14.3 tons)
- Thailand (8.4 tons)
- Brunei Darussalam (6.7 tons)
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