What is the price of fish oil per kilogram/pound in Malaysia today?
The retail price range for Malaysia fish oil is between US$ 1.45 and US$ 1.52 per kilogram or between US$ 0.66 and US$ 0.69 per pound(lb). Click here to see today's exact prices of fish oil in Malaysia
The retail price range in Malaysian Ringgit for fish oil is between MYR 6.56 and MYR 6.91 per kilogram or between MYR 2.98 and MYR 3.13 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia fish oil is between US$ 1.01 and US$ 1.07 per kilogram or between US$ 0.46 and US$ 0.48 per pound(lb).
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Malaysia Fish Oil Export Prices - Historical, Trends and Prediction
In 2021 the export price was 14.71 US$ per Kg. In 2020 the export price was 13.12 US$ per Kg. In 2019 the export price was 15.50 US$ per Kg. In 2018 the export price was 18.66 US$ per Kg. In 2017 the export price was 24.35 US$ per Kg. For 2023, the predicted export price is 18.66 US$ per Kg.Malaysia Fish Oil Import Prices - Historical, Trends and Prediction
The import price of Fish Oil into Malaysia over the last five years has been quite volatile. In 2016, the price was at its highest at 7.45 US$ per kg, before dropping to 2.7 US$ per kg in 2017. In 2018, the price dropped further to 0.95 US$ per kg, before rising to 3.23 US$ per kg in 2019. The price then dropped to its lowest point in 2020 at 0.31 US$ per kg, before rising to 27.35 US$ per kg in 2021. The most recent data shows that the price of Fish Oil into Malaysia is 0.00 US$ per kg in 2022. Based on the data, it is likely that the price of Fish Oil into Malaysia will remain low in 2023 and 2024. We predict that the price of Fish Oil into Malaysia in 2023 will be around 0.50 US$ per kg, and in 2024 it will be around 1.00 US$ per kg.Export values for Malaysia fish oil
The total values in export for fish oil in Malaysia were US$ 425, US$ 3,055, US$ 5,477 and US$ 3,269 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 fish oil in other countries across Asia: Kazakhstan fish oil, Kyrgyzstan fish oil, Tajikistan fish oil, Turkmenistan fish oil, Uzbekistan fish oil, China fish oil, Hong Kong fish oil, Macao fish oil, North Korea fish oil & Mongolia fish oil.
Malaysia fish oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of fish oil shipped by Malaysia in 2020 was 4,334 tonnes. In 2019 Malaysia exported 2,164 tonnes of fish oil. In 2019 alone, the demand for Malaysia fish oil (processed category) has decreased, changing by -37.001 per cent compared to the year 2018. Between 2017 and 2019, fish oil's exports grew by 6.86% earning Malaysia US$3.27m for the year 2019. Malaysia's fish oil exports are classified as:
- Fats and oils of fish and their fractions, whether or not refined (excluding liver oils and chemically modified) (HS code 150420)
- Fats and oils and their fractions of marine mammals, whether or not refined (excluding chemically modified) (HS code 150430)
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Malaysia fish oil export values
In 2019, Malaysia supplied fish oil costing 3.27m USD, a reduction of -40.30% from 2018's total fish oil export of 5.477m USD. The yearly reduction in value of Malaysia fish oil between 2017 to 2018 was 79.28 percent.
The yearly change in the quantity of Malaysia's fish oil exports between 2017 and 2019 was 6.86 percent when compared to a variation of -37.001% in the growth rate between 2018 and 2019.
Malaysia's portion of the world's total fish oil's exports in 2019 was less than 1%. Malaysia is ranked position 42 in world exports of fish oil.
Export markets for Malaysia fish oil ( in '000$ )
Import/Export Trends
Malaysia is a net importer of fish oil. The annual growth of Malaysia fish oil in value between 2015 to 2019 was -6%, per annum, while annual growth in quantity during the same period was -39%, per annum.
Malaysia ordered 8,372 tonnes of fish oil in 2019.