What is the price of coconuts per kilogram/pound in Malaysia today?
The retail price range for Malaysia coconuts is between US$ 0.73 and US$ 0.97 per kilogram or between US$ 0.33 and US$ 0.44 per pound(lb). Click here to see today's exact prices of coconuts in Malaysia
The retail price range in Malaysian Ringgit for coconuts is between MYR 3.29 and MYR 4.39 per kilogram or between MYR 1.49 and MYR 1.99 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia coconuts is between US$ 0.51 and US$ 0.68 per kilogram or between US$ 0.23 and US$ 0.31 per pound(lb).
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Malaysia Coconuts Export Prices - Historical, Trends and Prediction
In 2016, the export price was 7.83 US$ per Kg, in 2017 it was 5.50 US$ per Kg, in 2018 it was 4.20 US$ per Kg, in 2019 it was 4.20 US$ per Kg, and in 2020 it was 4.79 US$ per Kg. For 2023, the predicted export price is 4.47 US$ per Kg.The coconuts exports from Malaysia are classified as:
- Fresh coconuts, whether or not shelled or peeled (excluding in the inner shell "endocarp") (HS code 080119)
- Fresh coconuts in the inner shell "endocarp" (HS code 080112)
- Desiccated coconuts (HS code 080111)
Malaysia Coconuts Import Prices - Historical, Trends and Prediction
The import price of coconuts into Malaysia has seen a steady increase over the past five years. In 2016, the price per kilogram was 0.34 US dollars, and this increased to 0.44 US dollars in 2017. In 2018, the price rose to 0.81 US dollars, and then to 0.92 US dollars in 2019. The price then dropped slightly to 0.91 US dollars in 2020, before falling further to 0.71 US dollars in 2021. Based on this trend, it is likely that the import price of coconuts into Malaysia will remain relatively stable in the next two years, with a predicted price of 0.71 US dollars in 2023 and 0.72 US dollars in 2024.Export values for Malaysia coconuts
The total values in export for coconuts in Malaysia were US$ 23,324, US$ 26,578, US$ 17,397 and US$ 14,107 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: Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of coconuts in other countries across Asia: Kazakhstan coconuts, Kyrgyzstan coconuts, Tajikistan coconuts, Turkmenistan coconuts, Uzbekistan coconuts, China coconuts, Hong Kong coconuts, Macao coconuts, North Korea coconuts & Mongolia coconuts.
Malaysia coconuts - Production, Exports, Imports, Seasons and HS Codes
The amount of coconuts sold by Malaysia in 2020 was 21,914 tonnes. In 2019 Malaysia sold 18,731 tonnes of coconuts. Through 2019 alone, the market for Malaysia coconuts (nuts category) has improved, with a change of 8.203 per cent compared to the year 2018. Between 2017 and 2019, coconuts' exports decreased by -52.14 pc earning the country US$14.11m for the year 2019. Malaysia's coconuts exports are categorised as:
- Fresh coconuts in the inner shell "endocarp" (HS code 080112)
- Desiccated coconuts (HS code 080111)
- Fresh coconuts, whether or not shelled or peeled (excluding in the inner shell "endocarp") (HS code 080119)
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Malaysia coconuts export values
In 2019, Malaysia shipped coconuts worth 14.11m USD, a drop of -18.89% from 2018's total coconuts export of 17.397m USD. The annual reduction in value of Malaysia coconuts between 2017 to 2018 was -34.544 pc.
The annual/yearly variation in the quantity of Malaysia's coconuts exports between 2017 and 2019 was -52.14 pc in comparison to a variation of 8.203% in the period between 2018 and 2019.
Export markets for Malaysia coconuts ( in '000$ )
Malaysia's best performing export markets for coconuts are Pakistan, Singapore, Turkey, United Kingdom (UK) and Bangladesh.
Malaysia purchased 267,198 tonnes of coconuts in 2019.
Production
The production of coconuts in Malaysia was 1,609,818 tonnes in 2019 and is projected to change by an average of 8.29%. The country had approximately 230,328.00 hectares under coconuts cultivation.