Malaysia: Vegetable And Melon Market 2024

Vegetable And Melon Market Size in Malaysia

The Malaysian vegetable and melon market skyrocketed to $X in 2023, surging by X% against the previous year. Overall, consumption continues to indicate a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2023, the growth of the market remained at a lower figure.

Vegetable And Melon Production in Malaysia

In value terms, vegetable and melon production declined markedly to $X in 2023 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

The average yield of vegetables and melons in Malaysia was estimated at X tons per ha in 2023, leveling off at the previous year's figure. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the average vegetable and melon yield hit record highs at X tons per ha in 2015; however, from 2016 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the vegetable and melon harvested area in Malaysia contracted modestly to X ha, therefore, remained relatively stable against the year before. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to vegetable and melon production attained the maximum at X ha in 2022, and then declined in the following year.

Vegetable And Melon Exports

Exports from Malaysia

After two years of growth, shipments abroad of vegetables and melons decreased by X% to X tons in 2023. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, vegetable and melon exports plummeted to $X in 2023. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for vegetable and melon exports from Malaysia, with a X% share of total exports. Moreover, vegetable and melon exports to Singapore exceeded the volume sent to the second major destination, Thailand (X tons), threefold. The third position in this ranking was held by Indonesia (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Singapore amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

In value terms, Singapore ($X) remains the key foreign market for vegetables and melons exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2023, the average vegetable and melon export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price recorded a slight reduction. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2022, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable And Melon Imports

Imports into Malaysia

In 2023, overseas purchases of vegetables and melons decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, vegetable and melon imports fell rapidly to $X in 2023. Overall, imports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then fell sharply in the following year.

Imports by Country

In 2023, India (X tons) constituted the largest vegetable and melon supplier to Malaysia, accounting for a X% share of total imports. Moreover, vegetable and melon imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Pakistan (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Pakistan (X% per year).

In value terms, India ($X), China ($X) and Pakistan ($X) constituted the largest vegetable and melon suppliers to Malaysia, together accounting for X% of total imports.

Among the main suppliers, Pakistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2023, the average vegetable and melon import price amounted to $X per ton, waning by X% against the previous year. In general, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform