Malaysia - Ghee - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGhee Price in Malaysia - 2021
Contents:
- Ghee Price in Malaysia (CIF) - 2021
- Ghee Price in Malaysia (FOB) - 2021
- Ghee Imports in Malaysia
- Ghee Exports in Malaysia
Ghee Price in Malaysia (CIF) - 2021
In December 2021, the average ghee import price amounted to $5,973 per ton, with an increase of 3.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in August 2021 an increase of 16% m-o-m. As a result, import price reached the peak level of $6,063 per ton. From September 2021 to December 2021, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Australia ($6,066 per ton), while the price for New Zealand stood at $5,969 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ghee Price in Malaysia (FOB) - 2021
In December 2021, the average ghee export price amounted to $6,269 per ton, surging by 1.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.7%. The most prominent rate of growth was recorded in January 2021 when the average export price increased by 57% m-o-m. The export price peaked at $6,906 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 Australia ($8,869 per ton), while the average price for exports to Oman ($5,067 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 Australia (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Ghee Imports in Malaysia
After three years of growth, purchases abroad of ghee decreased by -0.6% to 10K tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1.2% against the previous year. As a result, imports reached the peak of 10K tons, leveling off in the following year.
In value terms, ghee imports shrank to $52M in 2022. In general, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 8.8% against the previous year.
| Import of Ghee in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 52.8 | 44.3 | 50.0 | 46.7 | -4.0% |
| Netherlands | 3.5 | 4.8 | 1.7 | 3.1 | -4.0% |
| Australia | 0.4 | 0.1 | 1.7 | 1.6 | 58.7% |
| Others | 0.7 | 0.6 | 0.7 | 0.6 | -5.0% |
| Total | 57.4 | 49.7 | 54.1 | 51.9 | -3.3% |
Top Suppliers of Ghee to Malaysia in 2022:
- New Zealand (9.3K tons)
- Netherlands (0.6K tons)
- Australia (0.3K tons)
Ghee Exports in Malaysia
In 2022, the amount of ghee exported from Malaysia contracted to 3.2K tons, which is down by -5.4% compared with 2021. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 12%.
In value terms, ghee exports declined slightly to $17M in 2022. Over the period under review, exports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.4%.
| Export of Ghee in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.1 | 4.5 | 4.0 | 3.8 | -2.5% |
| Singapore | 2.9 | 2.9 | 2.8 | 2.6 | -3.6% |
| Oman | 1.3 | 0.7 | 2.8 | 2.4 | 22.7% |
| Qatar | 1.2 | 1.4 | 0.9 | 1.1 | -2.9% |
| Trinidad and Tobago | 1.0 | 1.0 | 0.8 | 0.9 | -3.5% |
| Vietnam | 0.8 | 0.4 | 1.0 | 0.9 | 4.0% |
| Saudi Arabia | 1.2 | 0.6 | 0.7 | 0.8 | -12.6% |
| Australia | 0.7 | 0.8 | 0.8 | 0.7 | 0.0% |
| Taiwan (Chinese) | 1.5 | 0.8 | 0.2 | 0.7 | -22.4% |
| Mauritius | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Kuwait | 0.6 | 0.5 | 0.6 | 0.5 | -5.9% |
| Myanmar | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| China | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 2.8 | 1.8 | 1.5 | 1.6 | -17.0% |
| Total | 19.1 | 16.1 | 17.0 | 16.5 | -4.8% |
Top Export Markets for Ghee from Malaysia in 2022:
- United Arab Emirates (836.4 tons)
- Vietnam (684.6 tons)
- Oman (364.8 tons)
- Singapore (305.8 tons)
- Qatar (127.2 tons)
- Taiwan (Chinese) (109.1 tons)
- Saudi Arabia (106.0 tons)
- Trinidad and Tobago (101.4 tons)
- Kuwait (74.2 tons)
- Australia (65.7 tons)
- China (61.4 tons)
- Myanmar (59.6 tons)
- Mauritius (58.4 tons)
This report provides an in-depth analysis of the ghee 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 887 - Ghee from Cow Milk
- FCL 953 - Ghee, from Buffalo Milk
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
-
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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
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This report provides an in-depth analysis of the ghee market in Malaysia.
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This report provides an in-depth analysis of the global ghee market.
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This report provides an in-depth analysis of the global butter and ghee market.
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New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
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Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
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The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
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The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
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New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
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This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
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The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again
