Malaysia"s food market, particularly in the nuts segment, has shown dynamic trade activities in 2024, reflecting significant shifts in both import and export volumes alongside notable price trends. The trade in preserved ground nuts and mixed nuts and seeds provides valuable insights into Malaysia"s positioning in the global food market. In 2024, Malaysia exported approximately 6. 6 million kilograms of ground nuts and imported substantially higher volumes, reaching nearly 17. 3 million kilograms. This trade imbalance highlights Malaysia"s substantial demand for nuts, with imports far outstripping exports. The total export value for ground nuts was approximately $15. 71 million, while imports amounted to about $47.
68 million, indicating a strong domestic consumption market despite the higher import costs. Analyzing price trends reveals that Malaysia faces a higher cost per kilogram for imported nuts, which averaged around $2. 75 per kilogram for ground nuts, compared to export prices averaging approximately $2. 38 per kilogram. This price discrepancy suggests a reliance on high-quality or specialized imports that command higher prices, aligning with consumer preferences for diverse nut products. The nuts and seeds category, including mixtures, further underscores Malaysia"s trade dynamics. In 2024, exports totaled over 22. 5 million kilograms, valued at approximately $144.
05 million, whereas imports reached nearly 22. 8 million kilograms, valued around $94 million. The impressive export figures in this category highlight Malaysia"s capacity to cater to international markets with competitive pricing and quality products. The comprehensive trade data emphasizes Malaysia"s pivotal role in the nuts market, both as a supplier and consumer. Businesses looking to engage with Malaysia"s food market can benefit from platforms like Aritral, which offers product listing, direct communication, and global sales assistance. Aritral"s AI-powered marketing and profile management can significantly enhance engagement with Malaysian food suppliers and optimize market presence.
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