What is the price of black tea per kilogram/pound in Malaysia today?
The retail price range for Malaysia black tea is between US$ 5.86 and US$ 6.24 per kilogram or between US$ 2.66 and US$ 2.83 per pound(lb). Click here to see today's exact prices of black tea in Malaysia
The retail price range in Malaysian Ringgit for black tea is between MYR 26.59 and MYR 28.30 per kilogram or between MYR 12.06 and MYR 12.83 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia black tea is between US$ 4.10 and US$ 4.37 per kilogram or between US$ 1.86 and US$ 1.98 per pound(lb).
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Malaysia Black Tea Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of Black Tea from Malaysia per Kg were US$ 1.01, US$ 2.74, US$ 4.84, US$ 5.36 and US$ 4.12 respectively. For 2021, the export price was US$ 1.06 per Kg. It is difficult to predict the export price for 2023, as it is dependent on various factors.The Malaysia black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
Malaysia Black Tea Import Prices - Historical, Trends and Prediction
The import price of Black Tea into Malaysia over the last five years has been quite volatile. In 2015, the price was 4.57 US$ per kg, followed by a decrease to 4.22 US$ per kg in 2016. In 2017, the price saw a significant increase to 9.43 US$ per kg, before dropping to 7.41 US$ per kg in 2018 and 7.16 US$ per kg in 2019. The price then rose again to 7.33 US$ per kg in 2020, before dropping to 1.82 US$ per kg in 2021. The import price of Black Tea into Malaysia is currently 0.00 US$ per kg. Based on the data, it is predicted that the import price of Black Tea into Malaysia will remain at 0.00 US$ per kg in 2022. For 2023 and 2024, it is predicted that the import price of Black Tea into Malaysia will increase to 2.00 US$ per kg and 3.00 US$ per kg respectively.Export values for Malaysia black tea
The total values in export for black tea in Malaysia were US$ 4,920, US$ 5,465, US$ 9,658 and US$ 11,335 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Malaysia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Yerba mate.
See prices of black tea in other countries across Asia: Kazakhstan black tea, Kyrgyzstan black tea, Tajikistan black tea, Turkmenistan black tea, Uzbekistan black tea, China black tea, Hong Kong black tea, Macao black tea, North Korea black tea & Mongolia black tea.
Malaysia black tea - Production, Exports, Imports, Seasons and HS Codes
The amount of black tea shipped by Malaysia in 2020 was 2,036 tons. In 2019 Malaysia shipped 1,910 tonnes of black tea. For 2019 alone, the interest in Malaysia black tea (processed category) has climbed, recording a change of 24.837 % compared to the year 2018. Between 2017 and 2019, black tea's exports grew by 86.52% bringing the exporter US$11.34m for the year 2019. Malaysia's black tea exports are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
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Malaysia black tea export values
In 2019, Malaysia supplied black tea costing 11.34m USD, an improvement of 17.42% from 2018's total black tea export of 9.658m USD. The yearly growth in value of Malaysia black tea between 2017 to 2018 was 76.725%.
The annual/yearly change in the amount of Malaysia's black tea exports between 2017 and 2019 was 86.52 percent when compared to a variation of 24.837% in the growth rate between 2018 and 2019.
Malaysia's share of the world's total black tea's exports in 2019 was less than 1%. The country holds position 22 in world exports of black tea.
Export markets for Malaysia black tea ( in '000$ )
Malaysia's leading destinations for black tea are Thailand, Vietnam, Indonesia, Singapore and Brunei Darussalam.
Malaysia purchased 24,106 tonnes of black tea in 2019.
Production
The production of black tea in Malaysia was 13,242 tonnes in 2019 and is projected to change by an average of -38.74%. The country had an estimated 2,880.00 hectares under black tea cultivation.