Malaysia - Tea - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTea Price in Malaysia - 2021
Contents:
- Tea Price in Malaysia (CIF) - 2021
- Tea Price in Malaysia (FOB) - 2021
- Tea Imports in Malaysia
- Tea Exports in Malaysia
Tea Price in Malaysia (CIF) - 2021
In December 2021, the average tea import price amounted to $1,979 per ton, shrinking by -18% against the previous month. Overall, the import price saw a mild setback. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 56% month-to-month. The import price peaked at $4,903 per ton in July 2021; however, from August 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($11,953 per ton), while the price for Vietnam ($696 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 Vietnam (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Tea Price in Malaysia (FOB) - 2021
The average tea export price stood at $1,632 per ton in December 2021, waning by -81.1% against the previous month. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in October 2021 an increase of 755% against the previous month. The export price peaked at $14,037 per ton in July 2021; however, from August 2021 to December 2021, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($6,702 per ton), while the average price for exports to Vietnam ($794 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Tea Imports in Malaysia
In 2022, approx. 30K tons of tea were imported into Malaysia; which is down by -5.7% compared with the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of 31K tons, and then fell in the following year.
In value terms, tea imports shrank to $92M in 2022. In general, imports showed a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of $104M, and then dropped in the following year.
Import of Tea in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 47.5 | 40.3 | 55.2 | 47.8 | 0.2% |
Myanmar | 0.1 | 0.1 | 0.1 | 34.4 | 600.7% |
Japan | 3.8 | 4.0 | 6.9 | 2.7 | -10.8% |
Taiwan (Chinese) | 4.7 | 3.3 | 5.6 | 1.7 | -28.8% |
Indonesia | 15.2 | 12.4 | 13.5 | 1.2 | -57.1% |
India | 4.2 | 2.7 | 3.2 | 0.6 | -47.7% |
Vietnam | 3.1 | 2.9 | 2.8 | 0.3 | -54.1% |
Argentina | 1.4 | 1.2 | 0.7 | N/A | -29.3% |
Kenya | 3.1 | 4.0 | 3.6 | N/A | 7.8% |
Others | 13.7 | 9.4 | 11.9 | 3.3 | -37.8% |
Total | 96.6 | 80.3 | 104 | 91.9 | -1.6% |
Top Suppliers of Tea to Malaysia in 2022:
- Kenya (undefinedK tons)
- Myanmar (20.3K tons)
- China (5.6K tons)
- Indonesia (0.7K tons)
- Taiwan (Chinese) (0.6K tons)
- Japan (0.5K tons)
- India (0.3K tons)
- Vietnam (0.2K tons)
Tea Exports in Malaysia
In 2022, after three years of growth, there was significant decline in overseas shipments of tea, when their volume decreased by -7.9% to 6.5K tons. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 175%.
In value terms, tea exports fell rapidly to $36M in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 192% against the previous year.
Export of Tea in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 5.8 | 19.6 | 36.5 | 28.8 | 70.6% |
Thailand | 1.1 | 3.2 | 3.4 | 2.3 | 27.9% |
Singapore | 0.5 | 1.3 | 1.0 | 1.3 | 37.5% |
China | N/A | 0.2 | 0.3 | 0.5 | 58.1% |
Indonesia | 0.7 | 0.5 | 0.2 | 0.1 | -47.7% |
India | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
Others | 1.2 | 2.4 | 3.5 | 3.1 | 37.2% |
Total | 9.3 | 27.3 | 45.0 | 36.1 | 57.2% |
Top Export Markets for Tea from Malaysia in 2022:
- Vietnam (2366.7 tons)
- Thailand (2195.0 tons)
- China (512.0 tons)
- Singapore (497.9 tons)
- India (299.6 tons)
- Indonesia (32.8 tons)
This report provides an in-depth analysis of the tea 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 667 - Tea
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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 tea market in Malaysia.
This report provides an in-depth analysis of the global tea market.
This report provides an in-depth analysis of the tea market in Malaysia.
This report provides an in-depth analysis of the global tea market.
Discover the top import markets for tea around the world based on data from the IndexBox market intelligence platform.
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Global tea consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global tea imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
From 2008 to 2015, global exports on the tea market showed mixed dynamics, amounting to X thousand tons in 2015. In value terms, they dropped to X million USD in 2015, which was X million USD less than the year before.
The global tea market showed an upward trend from 2008 to 2013 and reached a peak at X thousand tons. However, in 2014, dynamics downturned. During the next two years, the global tea market decreased to X thousand tons.
The volume of total imports on the global tea market in 2015 stood at X thousand tons. In value terms, imports of tea decreased to X million USD in 2015, which was X million USD (X%) less than the year before.
From 2008 to 2013, global tea market production showed steady growth, reaching its peak level at X thousand tons. It was followed by a slight shrinkage over the next two years to X thousand tons in 2015.
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