What is the price of areca (betel) nut per kilogram/pound in Malaysia today?
The retail price range for Malaysia areca (betel) nut is between US$ 73.37 and US$ 473.05 per kilogram or between US$ 33.27 and US$ 214.53 per pound(lb). Click here to see today's exact prices of areca (betel) nut in Malaysia
The retail price range in Malaysian Ringgit for areca (betel) nut is between MYR 332.91 and MYR 2,146.40 per kilogram or between MYR 150.98 and MYR 973.43 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia areca (betel) nut is between US$ 51.36 and US$ 331.13 per kilogram or between US$ 23.29 and US$ 150.17 per pound(lb).
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Malaysia Areca (betel) Nut Export Prices - Historical, Trends and Prediction
In 2021 the export price of Areca (Betel) Nut from Malaysia was US$ 1.13 per Kg. In 2020 the export price was US$ 0.23 per Kg, in 2019 it was US$ 0.35 per Kg, in 2018 it was US$ 0.35 per Kg, and in 2017 it was US$ 0.48 per Kg. For 2023, the export price is predicted to be US$ 0.23 per Kg.The exports of areca (betel) nut from Malaysia are categorised as:
- Fresh or dried areca nuts, whether or not shelled or peeled (HS code 080280)
Malaysia Areca (betel) Nut Import Prices - Historical, Trends and Prediction
The import price per kilogram of Areca (Betel) Nut into Malaysia has seen a significant fluctuation over the last five years. In 2017, the price was at its highest at 2.58 US dollars per kg, before dropping to 0.44 US dollars per kg in 2016. The price then rose to 0.89 US dollars per kg in 2018, before increasing further to 1.15 US dollars per kg in 2019 and 1.26 US dollars per kg in 2020. The most recent data shows that the price has skyrocketed to 6.24 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Areca (Betel) Nut into Malaysia will remain high in 2023 and 2024, with an estimated price of 6.24 US dollars per kg and 6.50 US dollars per kg respectively.Export values for Malaysia areca (betel) nut
The total values in export for areca (betel) nut in Malaysia were US$ 3,799, US$ 1,718, US$ 3,860 and US$ 2,513 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Malaysia: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of areca (betel) nut in other countries across Asia: Kazakhstan areca (betel) nut, Kyrgyzstan areca (betel) nut, Tajikistan areca (betel) nut, Turkmenistan areca (betel) nut, Uzbekistan areca (betel) nut, China areca (betel) nut, Hong Kong areca (betel) nut, Macao areca (betel) nut, North Korea areca (betel) nut & Mongolia areca (betel) nut.
Malaysia areca (betel) nut - Production, Exports, Imports, Seasons and HS Codes
The volume of areca (betel) nut shipped by Malaysia in 2020 was 1,630 tons. In 2019 Malaysia sold 2,000 tonnes of areca (betel) nut. For the year 2019 alone, the demand for Malaysia areca (betel) nut (nuts category) has shrunk, changing by -28.902 per cent compared to the year 2018. Between 2017 and 2019, areca (betel) nut's exports increased by 33.6% netting Malaysia US$2.51m for the year 2019. Malaysia's areca (betel) nut exports are categorised as:
- Fresh or dried areca nuts, whether or not shelled or peeled (HS code 080280)
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Malaysia areca (betel) nut export values
In 2019, Malaysia supplied areca (betel) nut worth 2.51m USD, a contraction of -34.97% from 2018's total areca (betel) nut export of 3.86m USD. The yearly change in value of Malaysia areca (betel) nut between 2017 to 2018 was 124.68 per cent.
The annual change in the quantity of Malaysia's areca (betel) nut exports between 2017 and 2019 was 33.6 pc compared to a variation of -28.902% in the period between 2018 and 2019.
Malaysia's stake of the world's total areca (betel) nut's exports in 2019 was less than 1%. The country holds position 44 in world exports of areca (betel) nut.
Export markets for Malaysia areca (betel) nut ( in '000$ )
Malaysia's top destinations for areca (betel) nut are Thailand, Bangladesh, India, Iran and Singapore.
Import/Export Trends
Malaysia is a net importer of areca (betel) nut. The annual growth of Malaysia areca (betel) nut in value between 2015 to 2019 was -34%, per annum, while annual growth in quantity through the same period was %, per annum.
Malaysia procured 2,225 tonnes of areca (betel) nut in 2019.
Production
The production of areca (betel) nut in Malaysia was 206 tonnes in 2019 and is projected to change by an average of 16.38%. The country had approximately 60.00 hectares under areca (betel) nut cultivation.