Malaysia - Whey - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhey Price in Malaysia - 2021
Contents:
- Whey Price in Malaysia (CIF) - 2021
- Whey Price in Malaysia (FOB) - 2022
- Whey Imports in Malaysia
- Whey Exports in Malaysia
Whey Price in Malaysia (CIF) - 2021
The average whey import price stood at $1,449 per ton in December 2021, almost unchanged from the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in October 2021 an increase of 16% against the previous month. Over the period under review, average import prices attained the peak figure at $1,524 per ton in August 2021; however, from September 2021 to December 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the Netherlands ($2,378 per ton), while the price for the United States ($1,118 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 New Zealand (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Whey Price in Malaysia (FOB) - 2022
In 2022, the average whey export price amounted to $1,977 per ton, increasing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. The export price peaked at $2,517 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($4,814 per ton), while the average price for exports to China ($912 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 Singapore (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Whey Imports in Malaysia
In 2022, supplies from abroad of whey decreased by -3.8% to 89K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 8.3% against the previous year. As a result, imports attained the peak of 93K tons, and then fell slightly in the following year.
In value terms, whey imports reduced to $110M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports reached the peak of $123M, and then reduced in the following year.
Import of Whey in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 18.3 | 16.0 | 19.4 | 17.6 | -1.3% |
Germany | 12.9 | 12.8 | 17.7 | 16.0 | 7.4% |
Czech Republic | 9.2 | 8.3 | 12.0 | 10.8 | 5.5% |
United States | 13.2 | 12.6 | 11.0 | 10.8 | -6.5% |
Ireland | 6.9 | 6.7 | 11.4 | 10.3 | 14.3% |
Poland | 9.3 | 9.6 | 11.0 | 10.0 | 2.4% |
New Zealand | 7.3 | 7.1 | 7.5 | 6.7 | -2.8% |
Lithuania | 5.2 | 7.8 | 6.7 | 6.1 | 5.5% |
Australia | 5.3 | 6.7 | 5.8 | 5.2 | -0.6% |
Others | 10.0 | 10.0 | 20.4 | 16.7 | 18.6% |
Total | 97.6 | 97.5 | 123 | 110 | 4.1% |
Top Suppliers of Whey to Malaysia in 2022:
- France (14.0K tons)
- Germany (13.1K tons)
- United States (10.8K tons)
- Ireland (8.6K tons)
- Poland (8.5K tons)
- Czech Republic (7.8K tons)
- Lithuania (5.2K tons)
- Australia (4.3K tons)
- New Zealand (4.2K tons)
Whey Exports in Malaysia
In 2022, whey exports from Malaysia surged to 1.6K tons, increasing by 104% on 2021. Overall, exports, however, recorded a perceptible slump.
In value terms, whey exports skyrocketed to $3.1M in 2022. Over the period under review, exports recorded temperate growth.
Export of Whey in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 2,039 | 3,708 | 524 | 2,032 | -0.1% |
China | 29.2 | 338 | 429 | 498 | 157.4% |
Singapore | 332 | 408 | 134 | 288 | -4.6% |
Indonesia | 215 | 220 | 186 | 215 | 0.0% |
South Korea | 9.7 | 99.3 | 52.7 | 61.1 | 84.7% |
Others | 191 | 135 | 57.0 | 53.0 | -34.8% |
Total | 2,817 | 4,910 | 1,383 | 3,146 | 3.8% |
Top Export Markets for Whey from Malaysia in 2022:
- Thailand (809.7 tons)
- China (545.6 tons)
- Indonesia (112.5 tons)
- Singapore (59.7 tons)
- South Korea (40.8 tons)
This report provides an in-depth analysis of the whey 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 890 - Whey, Condensed
- FCL 900 - Dry Whey
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
- 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
This report provides an in-depth analysis of the whey market in Malaysia.
This report provides an in-depth analysis of the global whey market.
This report provides an in-depth analysis of the whey market in Malaysia.
This report provides an in-depth analysis of the global whey market.
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