What is the price of beans per kilogram/pound in Malaysia today?
The retail price range for Malaysia beans is between US$ 0.91 and US$ 0.97 per kilogram or between US$ 0.41 and US$ 0.44 per pound(lb). Click here to see today's exact prices of beans in Malaysia
The retail price range in Malaysian Ringgit for beans is between MYR 4.13 and MYR 4.39 per kilogram or between MYR 1.87 and MYR 1.99 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia beans is between US$ 0.64 and US$ 0.68 per kilogram or between US$ 0.29 and US$ 0.31 per pound(lb).
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Malaysia Beans Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of Beans from Malaysia per Kg were US$ 3.31, US$ 2.90, US$ 2.60, US$ 2.44 and US$ 3.16 respectively. In 2021 the export price was US$ 3.89 per Kg. For the year 2023, the predicted export price is US$ 3.90 per Kg.The Malaysia beans exports are categorised as:
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
Malaysia Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beans into Malaysia over the last five years has been relatively stable. In 2017, the price was 0.79 US$ per kg, followed by 0.91 US$ per kg in 2018, 0.95 US$ per kg in 2019, 1.25 US$ per kg in 2020 and 1.02 US$ per kg in 2021. The highest price was recorded in 2020, while the lowest price was recorded in 2017. Based on this data, it is likely that the import price per kilogram of Beans into Malaysia in 2023 will be around 1.02 US$ per kg, and in 2024 it will be around 1.25 US$ per kg.Export values for Malaysia beans
The total values in export for beans in Malaysia were US$ 13,303, US$ 13,047, US$ 11,785 and US$ 10,732 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Pulses/Legumes category in Malaysia: Peas, Chickpeas, Red (Adzuki) Beans, Kidney Beans, Bambara beans, Cow Peas (Black Eyed Peas), Lentils, Pigeon Peas, Locust Beans & Black beans.
See prices of beans in other countries across Asia: Kazakhstan beans, Kyrgyzstan beans, Tajikistan beans, Turkmenistan beans, Uzbekistan beans, China beans, Hong Kong beans, Macao beans, North Korea beans & Mongolia beans.
Malaysia beans - Production, Exports, Imports, Seasons and HS Codes
The quantity of beans exported by Malaysia in 2020 was 11,802 metric tons. In 2019 Malaysia exported 11,358 tonnes of beans. For the year 2019 alone, the demand for Malaysia beans (pulses/legumes category) has shrunk, flactuating by -3.86 percent compared to the year 2018. Between 2017 and 2019, beans' exports went down by -24.3% bringing the exporter US$10.73m for the year 2019. Malaysia's beans exports are categorised as:
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
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Malaysia beans export values
In 2019, Malaysia supplied beans costing 10.73m USD, a contraction of -8.95% from 2018's total beans export of 11.785m USD. The annual reduction in value of Malaysia beans between 2017 to 2018 was -9.673 per cent.
The annual variation in the amount of Malaysia's beans exports between 2017 and 2019 was -24.3 pc compared to a variation of -3.86% in the period between 2018 and 2019.
Export markets for Malaysia beans ( in '000$ )
Malaysia's leading export markets for beans are Vietnam, Qatar, Singapore, Uganda and Indonesia.
Malaysia procured 41,147 tonnes of beans in 2019.