What is the price of ethyl alcohol per kilogram/pound in Malaysia today?
The retail price range for Malaysia ethyl alcohol is between US$ 0.48 and US$ 0.67 per kilogram or between US$ 0.22 and US$ 0.31 per pound(lb). Click here to see today's exact prices of ethyl alcohol in Malaysia
The retail price range in Malaysian Ringgit for ethyl alcohol is between MYR 2.19 and MYR 3.06 per kilogram or between MYR 0.99 and MYR 1.39 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia ethyl alcohol is between US$ 0.34 and US$ 0.47 per kilogram or between US$ 0.15 and US$ 0.21 per pound(lb).
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Malaysia Ethyl Alcohol Export Prices - Historical, Trends and Prediction
In 2016, the export price of Ethyl Alcohol from Malaysia was US$ 3.45 per Kg. In 2017, the export price was US$ 1.45 per Kg. In 2018, the export price was US$ 1.03 per Kg. In 2019, the export price was US$ 0.91 per Kg. In 2020, the export price was US$ 0.34 per Kg. For 2021, the export price is estimated to be US$ 0.28 per Kg. For 2023, the export price is predicted to be US$ 0.25 per Kg.Malaysia Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ethyl Alcohol into Malaysia has seen a lot of fluctuation over the past five years. In 2011, the price was 5.91 US dollars per kg. This increased to 6.24 US dollars per kg in 2012. However, in 2013, the price skyrocketed to 12.75 US dollars per kg. This was followed by a sharp decline to 3.39 US dollars per kg in 2014. The price then rose to 11.87 US dollars per kg in 2015 before dropping to 3.10 US dollars per kg in 2016. In 2017, the price increased to 17.63 US dollars per kg before dropping to 0.24 US dollars per kg in 2018. The price then rose to 0.37 US dollars per kg in 2019 and 13.54 US dollars per kg in 2020. The price then dropped to 2.94 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of Ethyl Alcohol into Malaysia will remain relatively stable in the next two years, with a predicted price of 2.94 US dollars per kg in 2023 and 0.00 US dollars per kg in 2024.Export values for Malaysia ethyl alcohol
The total values in export for ethyl alcohol in Malaysia were US$ 55,155, US$ 17,610, US$ 28,373 and US$ 9,563 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 ethyl alcohol in other countries across Asia: Kazakhstan ethyl alcohol, Kyrgyzstan ethyl alcohol, Tajikistan ethyl alcohol, Turkmenistan ethyl alcohol, Uzbekistan ethyl alcohol, China ethyl alcohol, Hong Kong ethyl alcohol, Macao ethyl alcohol, North Korea ethyl alcohol & Mongolia ethyl alcohol.
Malaysia ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
The quantity of ethyl alcohol shipped by Malaysia in 2020 was 279 metric tons. In 2019 Malaysia sold 19,186 tonnes of ethyl alcohol. For the year 2019 alone, the market for Malaysia ethyl alcohol (processed category) has shrunk, flactuating by -52.331 % compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports grew by 1092.42 percent bringing Malaysia US$9.56m for the year 2019. Malaysia's ethyl alcohol exports are classified as:
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
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Malaysia ethyl alcohol export values
In 2019, Malaysia shipped ethyl alcohol with a value of 9.56m USD, a contraction of -66.31% from 2018's total ethyl alcohol export of 28.373m USD. The annual change in value of Malaysia ethyl alcohol between 2017 to 2018 was 61.119%.
The yearly variation in the amount of Malaysia's ethyl alcohol exports between 2017 and 2019 was 1092.42 pc when compared to a variation of -52.331% in the growth rate between 2018 and 2019.
Malaysia's portion of the world's total ethyl alcohol's exports in 2019 was less than 1%. Malaysia holds number 19 in world exports of ethyl alcohol.
Export markets for Malaysia ethyl alcohol ( in '000$ )
Import/Export Trends
Malaysia is a net exporter of ethyl alcohol. The annual growth of Malaysia ethyl alcohol in value between 2015 to 2019 was 82%, per annum, while annual growth in quantity through the same period was 96%, per annum.
Malaysia purchased 23,009 tonnes of ethyl alcohol in 2019.