Browse Data and Analysis

Post forecasts that consumption and imports of corn, wheat and rice in Malaysia will slightly increase in Marketing Year (MY) 2023/24, in line with population growth and normalization of the market.

Post forecasts that consumption of corn and wheat in Malaysia will marginally increase in Marketing Year (MY) 2022/23, assuming an eventual stabilization of commodity prices following the disruption caused by the crisis in Ukraine.

Post forecasts that consumption of corn and wheat in Malaysia will gradually rebound in marketing year 2021/22 with rice consumption slightly down as consumers return to eating outside the home.

Malaysia’s multi-billion dollar food processing industry is driven by an expanding economy and increased consumer spending.

Post expects MY 2019/20 corn imports to reach 4.15 million metric tons (MT), up 4 percent from the previous year, due to steadily growing demand for poultry feed.

For 2017/18, total overall imports of corn into Malaysia are forecast to increase to 4 million tons.

The overall food processing sector is growing 3 percent per year, with dairy, bakery, and processed fish products leading.

For 2016/17 total overall imports of corn into Malaysia are forecast to drop to 3.8 million tons.Even so, U.S. exports of corn are likely to increase to 150,000 tons....

Malaysia has a dynamic hotel and restaurant industry. Changing lifestyles and growing middle class underpin demand.

With the exception of corn, imports for wheat and rice are expected to grow marginally through 2016/17.

Corn, wheat and, rice imports are expected to grow only marginally through 2015/16 in line with expectations for slow demand growth.

U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.