What is the price of ginger per kilogram/pound in Malaysia today?
The retail price range for Malaysia ginger is between US$ 2.73 and US$ 2.92 per kilogram or between US$ 1.24 and US$ 1.33 per pound(lb). Click here to see today's exact prices of ginger in Malaysia
The retail price range in Malaysian Ringgit for ginger is between MYR 12.37 and MYR 13.27 per kilogram or between MYR 5.61 and MYR 6.02 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia ginger is between US$ 1.91 and US$ 2.05 per kilogram or between US$ 0.87 and US$ 0.93 per pound(lb).
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Malaysia Ginger Export Prices - Historical, Trends and Prediction
In 2016, the export price of Ginger from Malaysia was US$ 1.40 per Kg. In 2017, the export price was US$ 0.39 per Kg. In 2018, the export price was US$ 0.26 per Kg. In 2019, the export price was US$ 0.60 per Kg. In 2020, the export price was US$ 0.55 per Kg. For 2021, the export price is predicted to be US$ 0.72 per Kg. For 2023, the export price is predicted to be US$ 0.76 per Kg.The Malaysia ginger exports are categorised as:
- Ginger (HS code 091010)
- Ginger, neither crushed nor ground (HS code 091011)
- Ginger, crushed or ground (HS code 091012)
Malaysia Ginger Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ginger into Malaysia has seen a steady increase over the last five years. In 2016, the price was at $3.17, followed by a slight dip to $2.91 in 2017. However, the price has been on the rise since then, reaching $4.40 in 2020. The most recent data shows that the price has dropped to $3.12 in 2021. Looking ahead, it is likely that the import price per kilogram of Ginger into Malaysia will remain relatively stable in the next two years. We predict that the price will be around $3.20 in 2023 and $3.25 in 2024.Export values for Malaysia ginger
The total values in export for ginger in Malaysia were US$ 359, US$ 716, US$ 813 and US$ 842 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Malaysia: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of ginger in other countries across Asia: Kazakhstan ginger, Kyrgyzstan ginger, Tajikistan ginger, Turkmenistan ginger, Uzbekistan ginger, China ginger, Hong Kong ginger, Macao ginger, North Korea ginger & Mongolia ginger.
Malaysia ginger - Production, Exports, Imports, Seasons and HS Codes
The quantity of ginger sold by Malaysia in 2020 was 331 metric tonnes. In 2019 Malaysia shipped 305 tonnes of ginger. Through 2019 alone, the market for Malaysia ginger (herbs and spices category) has gone up, recording a change of 10.909 per cent compared to the year 2018. Between 2017 and 2019, ginger's exports grew by 9.32 percent bringing the country US$0.84m for the year 2019. Malaysia's ginger exports are categorised as:
- Ginger (HS code 091010)
- Ginger, crushed or ground (HS code 091012)
- Ginger, neither crushed nor ground (HS code 091011)
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Malaysia ginger export values
In 2019, Malaysia supplied ginger worth 0.84m USD, an improvement of 3.32% from 2018's total ginger export of 0.813m USD. The yearly growth in value of Malaysia ginger between 2017 to 2018 was 13.547 percent.
The per year change in the amount of Malaysia's ginger exports between 2017 and 2019 was 9.32 percent in comparison to a variation of 10.909% in the period between 2018 and 2019.
Export markets for Malaysia ginger ( in '000$ )
Malaysia's best performing destinations for ginger are Singapore, Indonesia, Brunei Darussalam, Vietnam and Australia.
Malaysia ordered 59,547 tonnes of ginger in 2019.
Production
The production of ginger in Malaysia was 33,615 tonnes in 2019 and is forecast to change by an average of -16.91%. The country had an estimated 2,283.00 hectares under ginger cultivation.