What is the price of glycerol per kilogram/pound in Malaysia today?
The retail price range for Malaysia glycerol is between US$ 0.26 and US$ 0.40 per kilogram or between US$ 0.12 and US$ 0.18 per pound(lb). Click here to see today's exact prices of glycerol in Malaysia
The retail price range in Malaysian Ringgit for glycerol is between MYR 1.18 and MYR 1.80 per kilogram or between MYR 0.54 and MYR 0.82 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia glycerol is between US$ 0.18 and US$ 0.28 per kilogram or between US$ 0.08 and US$ 0.13 per pound(lb).
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Malaysia Glycerol Export Prices - Historical, Trends and Prediction
In 2016, the export price of Glycerol from Malaysia was US$ 0.86 per Kg. In 2017, the export price was US$ 1.65 per Kg. In 2018, the export price was US$ 1.13 per Kg. In 2019, the export price was US$ 0.95 per Kg. In 2020, the export price was US$ 2.10 per Kg. For the year 2023, the predicted export price of Glycerol from Malaysia is US$ 3.25 per Kg.Malaysia Glycerol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Glycerol into Malaysia has seen a steady decline over the past five years. In 2011, the price was 0.54 US dollars per kg, but by 2016, it had dropped to 0.49 US dollars per kg. In 2017, the price rose slightly to 0.86 US dollars per kg, before dropping again to 0.39 US dollars per kg in 2018. The price then continued to decline, reaching 0.27 US dollars per kg in 2019 and 0.6 US dollars per kg in 2020. This year, 2021, the price has increased to 0.97 US dollars per kg. Based on this trend, it is likely that the price of Glycerol in Malaysia will remain around 0.97 US dollars per kg in 2023 and 2024.Export values for Malaysia glycerol
The total values in export for glycerol in Malaysia were US$ 7,431, US$ 13,791, US$ 30,668 and US$ 22,967 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 glycerol in other countries across Asia: Kazakhstan glycerol, Kyrgyzstan glycerol, Tajikistan glycerol, Turkmenistan glycerol, Uzbekistan glycerol, China glycerol, Hong Kong glycerol, Macao glycerol, North Korea glycerol & Mongolia glycerol.
Malaysia glycerol - Production, Exports, Imports, Seasons and HS Codes
The quantity of glycerol exported by Malaysia in 2020 was 65,330 metric tons. In 2019 Malaysia sold 64,037 tonnes of glycerol. In 2019 alone, the demand for Malaysia glycerol (processed category) has surged, changing by 8.087 pc compared to the year 2018. Between 2017 and 2019, glycerol's exports grew by 79.29 pc earning Malaysia US$22.97m for the year 2019. Malaysia's glycerol exports are categorised as:
- Glycerol, crude; glycerol waters and glycerol lyes (HS code 152000)
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Malaysia glycerol export values
In 2019, Malaysia supplied glycerol costing 22.97m USD, a reduction of -25.10% from 2018's total glycerol export of 30.668m USD. The yearly change in value of Malaysia glycerol between 2017 to 2018 was 122.377 percent.
The annual change in the amount of Malaysia's glycerol exports between 2017 and 2019 was 79.29 percent compared to a variation of 8.087% in the period between 2018 and 2019.
Malaysia's share of the world's total glycerol's exports in 2019 was less than 1%. Malaysia is ranked position 42 in world exports of glycerol.
Export markets for Malaysia glycerol ( in '000$ )
Import/Export Trends
Malaysia is a net importer of glycerol. The annual growth of Malaysia glycerol in value between 2015 to 2019 was -1%, per annum, while annual growth in quantity was -3%, per annum.
Malaysia ordered 63,621 tonnes of glycerol in 2019.