Malaysia - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPyrethrum and Peppermint Price in Malaysia - 2021
Contents:
- Pyrethrum and Peppermint Price in Malaysia (CIF) - 2022
- Pyrethrum and Peppermint Price in Malaysia (FOB) - 2022
- Pyrethrum and Peppermint Imports in Malaysia
- Pyrethrum and Peppermint Exports in Malaysia
Pyrethrum and Peppermint Price in Malaysia (CIF) - 2022
In 2022, the average pyrethrum and peppermint import price amounted to $5,162 per ton, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 2.3%. The import price peaked at $6,427 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($7,329 per ton), while the price for Vietnam ($666 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Pyrethrum and Peppermint Price in Malaysia (FOB) - 2022
In 2022, the average pyrethrum and peppermint export price amounted to $6,904 per ton, with a decrease of -36.1% against the previous year. In general, the export price showed a deep contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs at $12,786 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($53,600 per ton), while the average price for exports to Jamaica ($1,013 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 Germany (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Pyrethrum and Peppermint Imports in Malaysia
In 2022, the amount of pyrethrum and peppermint imported into Malaysia declined modestly to 9.3K tons, stabilizing at the previous year's figure. In general, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 0.6%.
In value terms, pyrethrum and peppermint imports reduced to $48M in 2022. Over the period under review, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by 2.5% against the previous year.
| Import of Pyrethrum and Peppermint in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.6 | 37.9 | 38.3 | 39.3 | -1.9% |
| India | 2.9 | 3.0 | 3.6 | 3.0 | 1.1% |
| Indonesia | 0.8 | 0.9 | 1.1 | 0.8 | 0.0% |
| Vietnam | 1.1 | 0.9 | 0.9 | 0.8 | -10.1% |
| Others | 6.9 | 4.7 | 4.6 | 4.0 | -16.6% |
| Total | 53.3 | 47.3 | 48.5 | 47.9 | -3.5% |
Top Suppliers of Pyrethrum and Peppermint to Malaysia in 2022:
- China (6.3K tons)
- Vietnam (1.1K tons)
- India (0.8K tons)
- Indonesia (0.3K tons)
Pyrethrum and Peppermint Exports in Malaysia
In 2022, the amount of pyrethrum and peppermint exported from Malaysia skyrocketed to 747 tons, with an increase of 50% compared with the previous year. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, pyrethrum and peppermint exports reduced to $5.2M in 2022. Over the period under review, exports, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 8.7% against the previous year.
| Export of Pyrethrum and Peppermint in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 53.9 | 75.7 | 74.4 | 1,339 | 191.8% |
| China | 62.8 | 80.7 | 185 | 802 | 133.7% |
| Singapore | 1,610 | 1,388 | 671 | 649 | -26.1% |
| South Korea | 10.3 | 20.3 | 104 | 224 | 179.1% |
| Nigeria | 136 | 309 | 140 | 219 | 17.2% |
| Indonesia | 107 | 282 | 44.0 | 164 | 15.3% |
| United States | 1,515 | 1,524 | 2,287 | 156 | -53.1% |
| Thailand | 98.1 | 54.9 | 71.2 | 86.1 | -4.3% |
| Jamaica | 40.4 | 53.1 | 65.7 | 73.1 | 21.9% |
| Vietnam | 52.3 | 31.0 | 42.6 | 48.1 | -2.8% |
| Australia | 99.4 | 70.7 | 77.0 | 46.8 | -22.2% |
| Others | 1,983 | 1,051 | 1,610 | 1,350 | -12.0% |
| Total | 5,767 | 4,942 | 5,373 | 5,158 | -3.7% |
Top Export Markets for Pyrethrum and Peppermint from Malaysia in 2022:
- South Korea (141.3 tons)
- Singapore (125.5 tons)
- Nigeria (98.4 tons)
- Jamaica (72.1 tons)
- Japan (64.5 tons)
- Indonesia (56.9 tons)
- China (49.6 tons)
- Thailand (20.5 tons)
- Vietnam (10.6 tons)
- Australia (6.2 tons)
- United States (6.2 tons)
This report provides an in-depth analysis of the pyrethrum and peppermint 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 754 - Pyrethrum, dried flowers
- FCL 748 - Peppermint, Spearmint
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
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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
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