What is the price of crustaceans per kilogram/pound in Malaysia today?
The retail price range for Malaysia crustaceans is between US$ 3.62 and US$ 5.25 per kilogram or between US$ 1.64 and US$ 2.38 per pound(lb). Click here to see today's exact prices of crustaceans in Malaysia
The retail price range in Malaysian Ringgit for crustaceans is between MYR 16.43 and MYR 23.81 per kilogram or between MYR 7.45 and MYR 10.80 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia crustaceans is between US$ 2.53 and US$ 3.67 per kilogram or between US$ 1.15 and US$ 1.67 per pound(lb).
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Malaysia Crustaceans Export Prices - Historical, Trends and Prediction
In 2016, the export price of Crustaceans from Malaysia was US$ 70.38 per Kg. In 2017, the export price was US$ 64.45 per Kg. In 2018, the export price was US$ 69.62 per Kg. In 2019, the export price was US$ 61.50 per Kg. In 2020, the export price was US$ 74.32 per Kg. For 2023, the predicted export price of Crustaceans from Malaysia is US$ 65.00 per Kg.Malaysia Crustaceans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Crustaceans into Malaysia over the last five years has been quite varied. In 2017, the price was 2.20 US dollars, followed by a significant increase to 2.63 US dollars in 2018. This was followed by a slight decrease to 2.44 US dollars in 2019, before rising again to 3.45 US dollars in 2020. The most recent year, 2021, saw a decrease to 1.29 US dollars. Based on this data, it is predicted that the import price per kilogram of Crustaceans into Malaysia in 2023 will be 1.29 US dollars, and in 2024 will be 0.00 US dollars.Export values for Malaysia crustaceans
The total values in export for crustaceans in Malaysia were US$ 9,212, US$ 7,033, US$ 5,800 and US$ 6,881 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Malaysia: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of crustaceans in other countries across Asia: Kazakhstan crustaceans, Kyrgyzstan crustaceans, Tajikistan crustaceans, Turkmenistan crustaceans, Uzbekistan crustaceans, China crustaceans, Hong Kong crustaceans, Macao crustaceans, North Korea crustaceans & Mongolia crustaceans.
Malaysia crustaceans - Production, Exports, Imports, Seasons and HS Codes
The volume of crustaceans shipped by Malaysia in 2020 was 2,943 tonnes. In 2019 Malaysia exported 3,061 tonnes of crustaceans. For the year 2019 alone, the interest in Malaysia crustaceans (seafood category) has improved, recording a change of 16.787 % compared to the year 2018. Between 2017 and 2019, crustaceans' exports went down by -9.22 pc netting the country US$6.88m for the year 2019. Malaysia's crustaceans exports are classified as:
- Crustaceans, prepared or preserved (excluding smoked, crabs, shrimps, prawns and lobster) (HS code 160540)
- Crustaceans, fit for human consumption, whether in shell or not, dried, salted, smoked or in brine, incl. crustaceans in shell, cooked by steaming or by boiling in water (excl. rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); flours, meals and pellets of crustaceans, dried, salted, smoked or in brine, fit for human consumption (HS code 030699)
- Crustaceans, fit for human consumption, whether in shell or not, live, fresh or chilled (excl. rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); flours, meals and pellets of crustaceans, fit for human consumption, fresh or chilled (HS code 030639)
- Frozen crustaceans, even smoked, fit for human consumption, whether in shell or not, incl. crustaceans in shell, cooked beforehand by steaming or by boiling in water (excluding rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); frozen flours, meals, and pellets of crustaceans, even smoked, fit for human consumption (HS code 030619)
- Crustaceans, even smoked, fit for human consumption, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. crustaceans in shell, cooked by steaming or by boiling in water (excluding rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); flours, meals and pellets of crustaceans, even smoked, fit for human consumption (HS code 030629)
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Malaysia crustaceans export values
In 2019, Malaysia exported crustaceans with a value of 6.88m USD, an improvement of 18.62% from 2018's total crustaceans export of 5.8m USD. The annual increase in value of Malaysia crustaceans between 2017 to 2018 was -17.532%.
The yearly change in the amount of Malaysia's crustaceans exports between 2017 and 2019 was -9.22 per cent in comparison to a variation of 16.787% in the period between 2018 and 2019.
Malaysia's stake of the world's total crustaceans' exports in 2019 was 1 percent. Malaysia holds position 16 in world exports of crustaceans.
Export markets for Malaysia crustaceans ( in '000$ )
Import/Export Trends
Malaysia is a net importer of crustaceans. The annual growth of Malaysia crustaceans in value between 2015 to 2019 was -6%, per year, while annual growth in quantity for the same period was -14%, per annum.
Malaysia purchased 902 tonnes of crustaceans in 2019.