What is the price of cacao (cocoa)paste per kilogram/pound in Malaysia today?
The retail price range for Malaysia cacao (cocoa)paste is between US$ 3.00 and US$ 3.04 per kilogram or between US$ 1.36 and US$ 1.38 per pound(lb). Click here to see today's exact prices of cacao (cocoa)paste in Malaysia
The retail price range in Malaysian Ringgit for cacao (cocoa)paste is between MYR 13.61 and MYR 13.79 per kilogram or between MYR 6.17 and MYR 6.25 per pound(lb) in Kuala Lumpur and George Town.
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In 2024, the approximate wholesale price range for Malaysia cacao (cocoa)paste is between US$ 2.10 and US$ 2.13 per kilogram or between US$ 0.95 and US$ 0.96 per pound(lb).
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Malaysia Cacao (cocoa)paste Export Prices - Historical, Trends and Prediction
In the years 2015, 2016, 2017, 2018 and 2019, the export prices of Cacao paste from Malaysia per Kg were US$ 37.00, US$ 30.00, US$ 25.67, US$ 29.46 and US$ 20.98 respectively. For the year 2021, the export price was US$ 26.82 per Kg. For the year 2023, the predicted export price is US$ 28.00 per Kg.The exports of cacao (cocoa)paste from Malaysia are categorised as:
- Cocoa paste, wholly or partly defatted (HS code 180320)
- Cocoa paste (excluding defatted) (HS code 180310)
Malaysia Cacao (cocoa)paste Import Prices - Historical, Trends and Prediction
The import price of Cacao (Cocoa)paste into Malaysia over the last five years has been quite volatile. In 2017, the price was at its highest at $3.61 per kg, before dropping to $2.47 in 2016. The price then rose again to $3.85 in 2013, before dropping to $3.87 in 2014. In 2020, the price rose to its highest point of $4.72 per kg, before dropping to $3.43 in 2018 and then to $2.23 in 2019. The most recent data shows that the price of Cacao (Cocoa)paste into Malaysia is $3.81 per kg. Looking ahead, it is difficult to predict the exact prices of Cacao (Cocoa)paste into Malaysia for 2023 and 2024. However, based on the data from the last five years, it is likely that the prices will remain relatively stable, with some fluctuations.Export values for Malaysia cacao (cocoa)paste
The total values in export for cacao (cocoa)paste in Malaysia were US$ 147,669, US$ 103,589, US$ 120,570 and US$ 135,980 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 & Black Tea.
See prices of cacao (cocoa)paste in other countries across Asia: Kazakhstan cacao (cocoa)paste, Kyrgyzstan cacao (cocoa)paste, Tajikistan cacao (cocoa)paste, Turkmenistan cacao (cocoa)paste, Uzbekistan cacao (cocoa)paste, China cacao (cocoa)paste, Hong Kong cacao (cocoa)paste, Macao cacao (cocoa)paste, North Korea cacao (cocoa)paste & Mongolia cacao (cocoa)paste.
Malaysia cacao (cocoa)paste - Production, Exports, Imports, Seasons and HS Codes
The volume of cacao (cocoa)paste exported by Malaysia in 2020 was 28,605 metric tonnes. In 2019 Malaysia shipped 44,151 tonnes of cacao (cocoa)paste. For 2019 alone, the demand for Malaysia cacao (cocoa)paste (processed category) has surged, with a change of 11.307 % compared to the year 2018. Between 2017 and 2019, cacao (cocoa)paste's exports went up by 32.12 pc bringing Malaysia US$135.98m for the year 2019. Malaysia's cacao (cocoa)paste exports are classified as:
- Cocoa paste (excluding defatted) (HS code 180310)
- Cocoa paste, wholly or partly defatted (HS code 180320)
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Malaysia cacao (cocoa)paste export values
In 2019, Malaysia sold cacao (cocoa)paste costing 135.98m USD, an increase of 12.78% from 2018's total cacao (cocoa)paste export of 120.57m USD. The yearly change in value of Malaysia cacao (cocoa)paste between 2017 to 2018 was 16.393 pc.
The per year variation in the amount of Malaysia's cacao (cocoa)paste exports between 2017 and 2019 was 32.12 percent in comparison to a variation of 11.307% in the period between 2018 and 2019.
Export markets for Malaysia cacao (cocoa)paste ( in '000$ )
Malaysia's best performing export markets for cacao (cocoa)paste are Singapore, Japan, China, Australia and Turkey.
Malaysia brought in 53,246 tonnes of cacao (cocoa)paste in 2019.