Malaysia"s animal feed market, particularly the segment dealing with Lucerne (alfalfa) meal and pellets, showcases intriguing trends in trade volume and pricing. As of 2024, the country"s export volume of Lucerne remained consistent with two transactions, each involving 16,992 kg valued at approximately $14,687. 87. This mirrors a stable demand for Malaysia"s Lucerne exports with a slight reduction in volume compared to 2023 when 38,100 kg were exported twice, generating a value of $36,373. 75 per transaction. On the import side, Malaysia significantly increased its Lucerne imports in 2024, reflecting a robust demand within the domestic market. The import volume surged to 1,749,734. 03 kg from 1,738,102 kg in 2023, with the total value reaching $774,812.
14 from $907,287. 77 in the previous year. This decrease in import value despite increased volume suggests a downward pressure on average import prices, potentially due to global market conditions or enhanced supplier negotiations. Historically, Malaysia"s Lucerne imports have shown a consistent upward trend. From 1,663,670 kg in 2020 to 2,335,818 kg in 2022, the volume has grown significantly, with values rising from $662,724. 59 to $1,078,286. 66 over the years. The consistent increase in import volumes underscores the expanding demand for animal feed, driven by Malaysia"s growing livestock sector.
These trends highlight vital opportunities for suppliers looking to enter or expand within Malaysia"s crops market. Understanding these dynamics can aid stakeholders in optimizing their strategies for pricing and volume management. For businesses seeking efficient entry into this market, Aritral provides a comprehensive solution. As an AI-driven B2B platform, Aritral facilitates international trade by offering product listings, direct communication with potential buyers, global sales assistance, and AI-powered marketing strategies, ensuring seamless integration into Malaysia"s vibrant animal feed sector. "
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