Malaysia - Preserved Sauerkraut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPreserved Sauerkraut Price in Malaysia - 2021
Contents:
- Preserved Sauerkraut Price in Malaysia (CIF) - 2021
- Preserved Sauerkraut Price in Malaysia (FOB) - 2021
- Preserved Sauerkraut Imports in Malaysia
- Preserved Sauerkraut Exports in Malaysia
Preserved Sauerkraut Price in Malaysia (CIF) - 2021
In December 2021, the average preserved sauerkraut import price amounted to $1,055 per ton, surging by 35% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,327 per ton in January 2021; however, from February 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 South Korea ($4,053 per ton), while the price for Indonesia ($919 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 Thailand (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Sauerkraut Price in Malaysia (FOB) - 2021
The average preserved sauerkraut export price stood at $2,534 per ton in December 2021, surging by 10% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2021 an increase of 12% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,747 per ton in December 2020; however, from January 2021 to December 2021, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Oman ($4,021 per ton), while the average price for exports to Indonesia ($1,929 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 the UK (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Imports in Malaysia
For the fourth consecutive year, Malaysia recorded growth in supplies from abroad of preserved sauerkraut, which increased by 1.9% to 16K tons in 2022. The total import volume increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 23%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, preserved sauerkraut imports rose modestly to $17M in 2022. The total import value increased at an average annual rate of +12.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Preserved Sauerkraut in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.1 | 10.4 | 12.1 | 11.2 | 16.4% |
South Korea | 0.7 | 1.1 | 1.5 | 1.4 | 26.0% |
Turkey | 1.0 | N/A | N/A | 1.0 | 0.0% |
Thailand | 1.0 | 1.0 | 0.8 | 0.9 | -3.5% |
Indonesia | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Hong Kong SAR | N/A | N/A | N/A | 0.2 | 0% |
Others | 1.7 | 1.5 | 1.3 | 1.8 | 1.9% |
Total | 11.9 | 14.3 | 16.1 | 16.8 | 12.2% |
Top Suppliers of Preserved Sauerkraut to Malaysia in 2022:
- China (13.0K tons)
- Thailand (0.9K tons)
- South Korea (0.7K tons)
- Indonesia (0.4K tons)
- Hong Kong SAR (0.4K tons)
- Turkey (0.3K tons)
Preserved Sauerkraut Exports in Malaysia
In 2022, shipments abroad of preserved sauerkraut decreased by -24.8% to 1.7K tons, falling for the second consecutive year after two years of growth. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 9.7%. As a result, the exports reached the peak of 2.7K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, preserved sauerkraut exports reached $5.6M in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 19%. As a result, the exports reached the peak of $5.6M; afterwards, it flattened through to 2022.
Export of Preserved Sauerkraut in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 587 | 815 | 800 | 2,477 | 61.6% |
Indonesia | 880 | 1,309 | 1,220 | 1,226 | 11.7% |
Singapore | 2,184 | 2,808 | 2,306 | 592 | -35.3% |
United Kingdom | 184 | 23.6 | 84.8 | 220 | 6.1% |
United States | 84.2 | 20.4 | 117 | 136 | 17.3% |
Hong Kong SAR | 27.2 | 35.6 | 26.6 | 136 | 71.0% |
Israel | 137 | 169 | 173 | 77.8 | -17.2% |
Others | 647 | 467 | 723 | 766 | 5.8% |
Total | 4,730 | 5,647 | 5,452 | 5,630 | 6.0% |
Top Export Markets for Preserved Sauerkraut from Malaysia in 2022:
- Australia (564.6 tons)
- Indonesia (543.9 tons)
- Singapore (268.7 tons)
- United Kingdom (92.5 tons)
- Hong Kong SAR (39.9 tons)
- Israel (28.2 tons)
- United States (28.0 tons)
This report provides an in-depth analysis of the preserved sauerkraut 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:
- Prodcom 10391750 - Preserved sauerkraut (excluding prepared vegetable dishes and sauerkraut dried, frozen or preserved by vinegar or acetic acid)
- PRODCOM 10391750 -
- PRODCOM 10391760 -
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
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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it