What is the price of bananas per kilogram/pound in Malaysia today?
The retail price range for Malaysia bananas is between US$ 0.99 and US$ 1.12 per kilogram or between US$ 0.45 and US$ 0.51 per pound(lb). Click here to see today's exact prices of bananas in Malaysia
The retail price range in Malaysian Ringgit for bananas is between MYR 4.48 and MYR 5.06 per kilogram or between MYR 2.03 and MYR 2.30 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia bananas is between US$ 0.69 and US$ 0.78 per kilogram or between US$ 0.31 and US$ 0.35 per pound(lb).
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Malaysia Bananas Export Prices - Historical, Trends and Prediction
In 2021, the export price of Bananas from Malaysia was US$ 0.0626 per Kg. In 2022, the export price was US$ 0.0535 per Kg. In 2023, the export price is predicted to be US$ 0.0596 per Kg.The Malaysia bananas exports are classified as:
- Fresh or dried bananas (excluding plantains) (HS code 080390)
- Bananas, incl. plantains, fresh or dried (HS code 080300)
Malaysia Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into Malaysia over the last five years has been relatively stable. In 2017, the price was 0.31 US$ per kg, followed by 0.31 US$ per kg in 2018. In 2019, the price increased to 0.36 US$ per kg and remained the same in 2020. The price dropped to 0.29 US$ per kg in 2021 and is currently 0.36 US$ per kg. Based on this trend, it is likely that the import price per kilogram of Bananas into Malaysia in 2023 will be 0.36 US$ per kg and in 2024 will be 0.29 US$ per kg.Export values for Malaysia bananas
The total values in export for bananas in Malaysia were US$ 24,789, US$ 28,383, US$ 25,275 and US$ 22,626 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Malaysia: Olives, Pumpkins, squash and gourds, Sweetcorn, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of bananas in other countries across Asia: Kazakhstan bananas, Kyrgyzstan bananas, Tajikistan bananas, Turkmenistan bananas, Uzbekistan bananas, China bananas, Hong Kong bananas, Macao bananas, North Korea bananas & Mongolia bananas.
Malaysia bananas - Production, Exports, Imports, Seasons and HS Codes
The volume of bananas sold by Malaysia in 2020 was 84,177 tonnes. In 2019 Malaysia sold 71,949 tonnes of bananas. In 2019 alone, the interest in Malaysia bananas (fruits category) has decreased, recording a change of -0.76547501 per cent compared to the year 2018. Between 2017 and 2019, bananas' exports decreased by -12.63 percent bringing Malaysia US$22.63m for the year 2019. Malaysia's bananas exports are classified as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
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Malaysia bananas export values
In 2019, Malaysia supplied bananas worth 22.63m USD, a contraction of -10.46% from 2018's total bananas export of 25.275m USD. The annual change in value of Malaysia bananas between 2017 to 2018 was -10.95 pc.
The annual change in the amount of Malaysia's bananas exports between 2017 and 2019 was -12.63% compared to a variation of -0.76547501% in the period between 2018 and 2019.
Malaysia's stake of the world's total bananas' exports in 2019 was less than 1%. Malaysia is ranked position 19 in world exports of bananas.
Export markets for Malaysia bananas ( in '000$ )
Malaysia's best performing export markets for bananas are Singapore, Brunei Darussalam, the Maldives, Kuwait and Japan.
Import/Export Trends
Malaysia is a net exporter of bananas. The annual growth of Malaysia bananas in value between 2015 to 2019 was 327%, per annum, while annual growth in quantity through the same period was 219%, per annum.
Malaysia brought in 84,309 tonnes of bananas in 2019.
Production
The production of bananas in Malaysia was 1,936,392 tonnes in 2019 and is predicted to change by an average of -2.49%. The country had approximately 128,178.00 hectares under bananas cultivation.