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- (-) January 2023
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Post maintains the projections for 2021/22 and updates MY 2022/23 with an optimistic outlook on production resulting from good weather conditions and an improved labor situation.
Malaysia retail food and HRI sector is expected to grow by 7.8 percent in 2023. U.S. exporters will see excellent opportunities in the retail food and food processing sectors as the country’s economy rebounds strongly after the COVID-19 pandemic shutdowns.
Post forecasts Malaysian crude palm oil (CPO) production in marketing year (MY) 2019/20 at 19.7 million metric tons (MT), a decrease of 1.15 million MT compared to the previous year.
Although Malaysia’s multibillion-dollar food processing industry has been significantly disrupted in the short-term by the COVID-19 pandemic, the sector is fairly robust and has been identified...
Malaysia’s multi-billion dollar food processing industry is driven by an expanding economy and increased consumer spending.
Post expects MY 2020/21 corn imports to reach 4.08 million metric tons (MT) due to steadily growing demand for poultry feed. MY 2020/21 wheat imports are expected to increase only slightly...