What is the price of chestnuts per kilogram/pound in Malaysia today?
The retail price range for Malaysia chestnuts is between US$ 1.44 and US$ 2.40 per kilogram or between US$ 0.65 and US$ 1.09 per pound(lb). Click here to see today's exact prices of chestnuts in Malaysia
The retail price range in Malaysian Ringgit for chestnuts is between MYR 6.53 and MYR 10.88 per kilogram or between MYR 2.96 and MYR 4.94 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia chestnuts is between US$ 1.01 and US$ 1.68 per kilogram or between US$ 0.46 and US$ 0.76 per pound(lb).
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Malaysia Chestnuts Export Prices - Historical, Trends and Prediction
In 2021, the export price of Chestnuts from Malaysia was US$ 1.13 per Kg. In 2020, the export price was US$ 0.92 per Kg, in 2019 it was US$ 0.78 per Kg, in 2018 it was US$ 0.96 per Kg, and in 2017 it was US$ 0.66 per Kg. For 2023, the predicted export price of Chestnuts from Malaysia is US$ 1.13 per Kg.The Malaysia chestnuts exports are categorised as:
- Fresh or dried chestnuts "Castanea spp.", in shell (HS code 080241)
- Fresh or dried chestnuts "Castanea spp.", shelled (HS code 080242)
- Fresh or dried chestnuts (Castanea spp.), whether or not shelled or peeled (HS code 080240)
- Chestnuts (HS code 0802Xa)
Malaysia Chestnuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chestnuts into Malaysia over the last five years has been quite volatile. In 2016, the price was 4.67 US dollars per kg, which was followed by a sharp increase to 6.68 US dollars per kg in 2017. However, the price dropped to 2.13 US dollars per kg in 2018 and then rose again to 6.90 US dollars per kg in 2019. The price then dropped to 1.01 US dollars per kg in 2020 and rose again to 1.65 US dollars per kg in 2021. Based on this trend, it is likely that the price of Chestnuts imported into Malaysia will remain around the same level in 2023 and 2024, at around 1.65 US dollars per kg.Export values for Malaysia chestnuts
The total values in export for chestnuts in Malaysia were US$ 237, US$ 210, US$ 254 and US$ 194 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, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of chestnuts in other countries across Asia: Kazakhstan chestnuts, Kyrgyzstan chestnuts, Tajikistan chestnuts, Turkmenistan chestnuts, Uzbekistan chestnuts, China chestnuts, Hong Kong chestnuts, Macao chestnuts, North Korea chestnuts & Mongolia chestnuts.
Malaysia chestnuts - Production, Exports, Imports, Seasons and HS Codes
The quantity of chestnuts exported by Malaysia in 2020 was 276 tonnes. In 2019 Malaysia shipped 50 tonnes of chestnuts. Through 2019 alone, the demand for Malaysia chestnuts (nuts category) has gone down, flactuating by -45.055 per cent compared to the year 2018. Between 2017 and 2019, chestnuts' exports went up by 31.58% netting Malaysia US$0.19m for the year 2019. Malaysia's chestnuts exports are categorised as:
- Fresh or dried chestnuts (Castanea spp.), whether or not shelled or peeled (HS code 080240)
- Fresh or dried chestnuts "Castanea spp.", in shell (HS code 080241)
- Fresh or dried chestnuts "Castanea spp.", shelled (HS code 080242)
- Chestnuts (HS code 0802Xa)
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Malaysia chestnuts export values
In 2019, Malaysia exported chestnuts with a value of 0.19m USD, a reduction of -25.20% from 2018's total chestnuts export of 0.254m USD. The annual reduction in value of Malaysia chestnuts between 2017 to 2018 was 20.952 pc.
The annual/yearly change in the quantity of Malaysia's chestnuts exports between 2017 and 2019 was 31.58 per cent compared to a variation of -45.055% in the period between 2018 and 2019.
Malaysia's portion of the world's total chestnuts' exports in 2019 was less than 1%. The country holds position 17 in world exports of chestnuts.
Export markets for Malaysia chestnuts ( in '000$ )
Malaysia's top destinations for chestnuts are Thailand, Indonesia, Australia, Sri Lanka and Vietnam.
Import/Export Trends
Malaysia is a net importer of chestnuts. The annual growth of Malaysia chestnuts in value between 2015 to 2019 was -4%, per annum, while annual growth in quantity was 1%, per annum.
Malaysia procured 783 tonnes of chestnuts in 2019.