September 9, 2005

USDA: Malaysia poultry and products annual 2005

Malaysia has one of the highest per capital consumption rates in the world for chicken at 35 kg. Malaysia is largely self-sufficient in meeting the country's demand for broiler meat. The country also has a high per-capita egg consumption level of 280 eggs per person per year. 

In 2005, the industry has largely recovered with the lower feed prices and freight charges. The de-pegging of the Malaysian ringgit (to the U.S. dollar) in July will also assist in reducing the cost of raw material imports.

In 2006, growth is likely to slow somewhat in line with a slower pace of economic growth and rising production costs.

However, if Malaysia is successful in opening new overseas markets for chilled/frozen or processed product, the domestic broiler industry would be able to respond.

The industry produces more than RM4 billion worth of broilers and eggs at farm gate price annually. This industry is regarded as the most successful segment of the livestock sector and perhaps has the highest output value per worker in the agriculture sector.

The best prospects for U.S. exporters will be in supplying day-old chicks (DOC), broiler grandparent stock, frozen turkey/turkey parts and frozen chicken parts. There are also limited opportunities for sales of processed poultry meat. 

Exchange rate: US1.00 = RM3.77

For the full USDA report, click here.