What is the price of abalone per kilogram/pound in Malaysia today?
The retail price range for Malaysia abalone is between US$ 13.50 and US$ 17.54 per kilogram or between US$ 6.12 and US$ 7.95 per pound(lb). Click here to see today's exact prices of abalone in Malaysia
The retail price range in Malaysian Ringgit for abalone is between MYR 61.27 and MYR 79.58 per kilogram or between MYR 27.78 and MYR 36.09 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia abalone is between US$ 9.45 and US$ 12.28 per kilogram or between US$ 4.29 and US$ 5.57 per pound(lb).
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Malaysia Abalone Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of Abalone from Malaysia per Kg were US$ 28.81, US$ 32.45, US$ 29.37, US$ 55.81 and US$ 35.61 respectively. For 2021, the export price was US$ 22.29 per Kg. For 2023, the predicted export price is US$ 39.45 per Kg.Malaysia Abalone Import Prices - Historical, Trends and Prediction
The import price per kilogram of Abalone into Malaysia has seen a significant fluctuation over the past five years. In 2016, the price was at its highest at 44.72 US dollars per kg, before dropping to 26.36 US dollars per kg in 2017. The price then decreased further to 12.98 US dollars per kg in 2018, before rising to 15.17 US dollars per kg in 2019. The price then dropped to 7.64 US dollars per kg in 2020, before increasing to 9.99 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Abalone into Malaysia will be 8.45 US dollars per kg in 2023 and 6.36 US dollars per kg in 2024.Export values for Malaysia abalone
The total values in export for abalone in Malaysia were US$ 2,535, US$ 3,086, US$ 4,587 and US$ 3,311 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in Malaysia: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of abalone in other countries across Asia: Kazakhstan abalone, Kyrgyzstan abalone, Tajikistan abalone, Turkmenistan abalone, Uzbekistan abalone, China abalone, Hong Kong abalone, Macao abalone, North Korea abalone & Mongolia abalone.
Malaysia abalone - Production, Exports, Imports, Seasons and HS Codes
The volume of abalone exported by Malaysia in 2020 was 465 metric tons. In 2019 Malaysia sold 239 tonnes of abalone. Across 2019 alone, the interest in Malaysia abalone (fish category) has decreased, flactuating by -6.275 % compared to the year 2018. Between 2017 and 2019, abalone's exports grew by 30.6% bringing the country US$3.31m for the year 2019. Malaysia's abalone exports are classified as:
- Smoked, frozen, dried, salted or in brine, abalone "Haliotis spp.", even in shell (HS code 030789)
- Frozen, even in shell, abalone "Haliotis spp." (HS code 030783)
- Live, fresh or chilled, even in shell, abalone "Haliotis spp." (HS code 030781)
- Abalone, prepared or preserved (excluding smoked) (HS code 160557)
- Smoked, dried, salted or in brine, even in shell, abalone "Haliotis spp." (HS code 030787)
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Malaysia abalone export values
In 2019, Malaysia supplied abalone valued at 3.31m USD, a drop of -27.84% from 2018's total abalone export of 4.587m USD. The annual change in value of Malaysia abalone between 2017 to 2018 was 48.639 percent.
The yearly change in the quantity of Malaysia's abalone exports between 2017 and 2019 was 30.6% when compared to a variation of -6.275% in the growth rate between 2018 and 2019.
Export markets for Malaysia abalone ( in '000$ )
Malaysia ordered 1,408 tonnes of abalone in 2019.