In 2024, Malaysia"s flowers market, specifically involving dormant bulbs, tubers, and rhizomes, showcased notable trading activity. This year, Malaysia demonstrated a significant emphasis on imports over exports in this sector. The data reveals that while exports were limited to 1,648 units in total, imports vastly surpassed this number with an impressive 322,480 units imported. This highlights a robust domestic demand that outstrips local production capacities, necessitating higher import volumes to satisfy the market needs. Examining the price trends provides deeper insights. The import value for 2024 was notably high at $977,924. 794, suggesting a strong import market presence with significant financial outlay. However, the average price per unit for imports appeared competitive, which may indicate a focus on maintaining cost-effectiveness in inbound trade.
On the other hand, the export value was modest at $3,429. 312, reflecting either lower unit prices or a strategic focus on niche markets rather than volume. Comparing these figures to 2023, we observe a consistent import trend but a noticeable decrease in export volume from 20,700 units in the previous year. This decrease may reflect shifting market strategies or external influences such as changes in global demand or logistical challenges. Engaging with platforms like Aritral. com can be pivotal for businesses navigating these market dynamics. Aritral offers innovative B2B services such as Product Listing, Direct Communication, and Global Sales Assistance, which are crucial for effectively managing price and volume disparities and capitalizing on Malaysia’s vibrant flowers market. "
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