Virgin Olive Oil Market Overview in Malaysia
The size of the virgin olive oil market in Malaysia shrank to $ in 2019, reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a buoyant expansion. The most prominent rate of growth was recorded in 2011 with an increase of % year-to-year. Virgin olive oil consumption peaked at $ in 2018, and then reduced in the following year.