Nuts Market Overview in Malaysia
In value terms, nuts production contracted to $ in estimated in export prices. In general, production saw strong growth. The most prominent rate of growth was recorded in 2010 when the production volume increased by % year-to-year. Nuts production peaked at $ in 2019, and then fell in the following year.
The size of the nuts market in Malaysia declined to $ in , with a decrease of -% 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). Over the period under review, consumption posted resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of % against the previous year. Nuts consumption peaked at $ in 2019, and then contracted in the following year.