What is the price of cuttlefish & squid per kilogram/pound in Malaysia today?
The retail price range for Malaysia cuttlefish & squid is between US$ 2.51 and US$ 2.97 per kilogram or between US$ 1.14 and US$ 1.35 per pound(lb). Click here to see today's exact prices of cuttlefish & squid in Malaysia
The retail price range in Malaysian Ringgit for cuttlefish & squid is between MYR 11.39 and MYR 13.46 per kilogram or between MYR 5.17 and MYR 6.11 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia cuttlefish & squid is between US$ 1.76 and US$ 2.08 per kilogram or between US$ 0.80 and US$ 0.94 per pound(lb).
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Malaysia Cuttlefish & Squid Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of Cuttlefish & Squid from Malaysia per Kg were US$ 16.99, US$ 8.91, US$ 12.86, US$ 13.76 and US$ 15.86 respectively. In 2021 the export price was US$ 22.96 per Kg. For the year 2023, the predicted export price is US$ 25.00 per Kg.Malaysia Cuttlefish & Squid Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cuttlefish & Squid into Malaysia over the last five years has been quite volatile. In 2016, the price was at its highest at $3.11, before dropping to $2.83 in 2017. In 2018, the price rose again to $4.02, before dropping to $2.67 in 2019. In 2020, the price rose again to $3.16, before increasing further to $3.74 in 2021. The most recent data shows that the price has dropped to $0.00 in 2022. Based on the data, it is likely that the price of Cuttlefish & Squid into Malaysia will remain relatively stable in the next two years. We predict that the price will remain at $0.00 in 2023 and will increase to $0.50 in 2024.Export values for Malaysia cuttlefish & squid
The total values in export for cuttlefish & squid in Malaysia were US$ 60,710, US$ 64,659, US$ 52,991 and US$ 69,699 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, Crustaceans, Oysters, Scallops, Blue Mussel & Octopus.
See prices of cuttlefish & squid in other countries across Asia: Kazakhstan cuttlefish & squid, Kyrgyzstan cuttlefish & squid, Tajikistan cuttlefish & squid, Turkmenistan cuttlefish & squid, Uzbekistan cuttlefish & squid, China cuttlefish & squid, Hong Kong cuttlefish & squid, Macao cuttlefish & squid, North Korea cuttlefish & squid & Mongolia cuttlefish & squid.
Malaysia cuttlefish & squid - Production, Exports, Imports, Seasons and HS Codes
The amount of cuttlefish & squid shipped by Malaysia in 2020 was 28,771 metric tonnes. In 2019 Malaysia shipped 26,899 tonnes of cuttlefish & squid. For 2019 alone, the interest in Malaysia cuttlefish & squid (seafood category) has increased, changing by 55.163 pc compared to the year 2018. Between 2017 and 2019, cuttlefish & squid's exports went up by 43.79% earning Malaysia US$69.70m for the year 2019. Malaysia's cuttlefish & squid exports are classified as:
- Cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", smoked, frozen, dried, salted or in brine, with or without shell (HS code 030749)
- Cuttle fish and squid, live, fresh or chilled, with or without shell (HS code 030742)
- Live, fresh or chilled, not smoked, cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", with or without shell (HS code 030741)
- Cuttle fish and squid, frozen, with or without shell (HS code 030743)
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Malaysia cuttlefish & squid export values
In 2019, Malaysia exported cuttlefish & squid with a value of 69.70m USD, an increase of 31.53% from 2018's total cuttlefish & squid export of 52.991m USD. The annual increase in value of Malaysia cuttlefish & squid between 2017 to 2018 was -18.045 percent.
The annual/yearly change in the quantity of Malaysia's cuttlefish & squid exports between 2017 and 2019 was 43.79 per cent compared to a variation of 55.163% in the period between 2018 and 2019.
Export markets for Malaysia cuttlefish & squid ( in '000$ )
Malaysia brought in 28,075 tonnes of cuttlefish & squid in 2019.