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Follow on Google News | Malaysia Agribusiness Report Q4 2010: New research report available at Fast Market ResearchFast Market Research recommends "Malaysia Agribusiness Report Q4 2010" from Business Monitor International, now available
Key Views * Rice Production growth to 2013/14: 26%. The government has set out a plan to improve longterm food security in the wake of global rice price spikes in 2008. * Poultry production and consumption will increase by 24% and 17% respectively to 2013/14, due to increased demand from those on higher incomes and consumer perceptions that poultry is healthier and safer than pork. * Corn is Malaysia's most popular, widely produced and consumed grain. Production and consumption will grow by 17% and 18% respectively, as the government looks to invest in corn production to supply the growing livestock sector. * 2010 Real GDP Growth: 4.1% (up from -1.7% in 2009; predicted to average 5.3% from now until 2014). * Consumer Price Inflation: 1.1% y-o-y in December 2009 (down from 4.4% y-o-y in December 2008). Industry Developments The poultry sector is likely to be one of Malaysia's key focus points given its professed aim to become a halal food hub. As a predominately Muslim country, the Malaysian government believes it is perfectly placed to become a key food supplier to other Muslim countries, who will be confident that Malaysia's food exports will be prepared to halal standards. However, the push for a greater halal presence could come at the expense of the pork sector, which, as a non-halal product, has been subject to various attacks from the Muslim political establishment. Malaysia was once a major player in global cocoa production, but production has fallen drastically in recent years. The government has initiated several projects to create high yielding, disease-resistant seeds, the most notable of which is with Swiss chocolate giant Barry Callebaut. Despite this, the sector remains a shadow of its former self and we expect production to grow only gradually from 2008/09 levels. The rapid rise of rice prices in the 2008 crisis brought rice production into increased focus. In February 2009, then Prime Minister Datuk Seri Abdullah Ahmad Badawi said that the government would allocate an extra MYR5.6bn to improving food security, with the aim of improving self-sufficiency in rice to 86% in 2010. While we believe the government's target to be a little over-optimistic, we do think that rice production will see strong growth over our forecast period, expanding by 26% to 1.92mn tonnes in 2013/14. A voucher programme enabling Malaysia's poor to purchase ST-15 rice was withdrawn after running for only four months, as the benefits were going beyond those who needed them. The programme is currently under review as efforts are made to make it more efficient. In its place, a previous policy of subsidising rice has been put in place, although threats of cutting subsidies have incited fears of rising prices. The Malaysian government currently subsidises 30% of the country's monthly rice consumption. For more information or to purchase this report, go to: - http://www.fastmr.com/ Partial Table of Contents: Executive Summary SWOT Analysis - Malaysia Agriculture SWOT - Malaysia Political SWOT - Malaysia Economic SWOT - Malaysia Business Environment SWOT Industry Forecast Scenario - Malaysia Rice Outlook - Table: Malaysia - Rice Production, Consumption & Trade - Table: Malaysia - Rice Production, Consumption & Trade - Malaysia Sugar Outlook - Table: Malaysia - Sugar Production, Consumption & Trade - Table: Malaysia - Sugar Production, Consumption & Trade - Malaysia Cocoa Outlook - Malaysia Cocoa Outlook - Table: Malaysia - Cocoa Production & Consumption - Table: Malaysia - Cocoa Production & Consumption - Malaysia Grain Outlook - Table: Malaysia - Corn Production, Consumption & Trade - Table: Malaysia - Corn Production, Consumption & Trade - Malaysia Dairy Outlook - Table: Malaysia - Milk Production & Consumption - Table: Malaysia - Butter Production, Consumption & Trade - Table: Malaysia - Cheese Production, Consumption & Trade - Table: Malaysia - Whole Milk Powder Production, Consumption & Trade - Table: Malaysia - Milk Production & Consumption - Table: Malaysia - Butter Production, Consumption & Trade - Table: Malaysia - Cheese Production, Consumption & Trade - Table: Malaysia - Whole Milk Powder Production, Consumption & Trade - Malaysia Livestock Outlook - Table: Malaysia - Poultry Production & Consumption - Table: Malaysia - Pork Production, Consumption & Trade - Table: Malaysia - Beef & Veal Production, Consumption & Trade - Table: Malaysia - Poultry Production & Consumption - Table: Malaysia - Pork Production, Consumption & Trade - Table: Malaysia - Beef & Veal Production, Consumption & Trade Competitive Landscape - Table: Agricultural Commodity Producers & Traders - Table: Agribusiness Suppliers - Table: Integrated Agricultural Producers Commodity Price Analysis - Grains Update - Corn - Table: Corn - Rice - Table: Rice - Soybean - Table: Soybean - Wheat - Table: Wheat - Softs Update - Cocoa - Table: Cocoa - Coffee - Table: Coffee - Milk - Table: Milk - Sugar - Table: Sugar Downstream Supply Chain Analysis - Industry Forecast Scenario - Food - Food Consumption - Full Table of Contents is available at: -- http://www.fastmr.com/ About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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