What is the price of hake per kilogram/pound in Malaysia today?
The retail price range for Malaysia hake is between US$ 9.73 and US$ 12.66 per kilogram or between US$ 4.41 and US$ 5.74 per pound(lb). Click here to see today's exact prices of hake in Malaysia
The retail price range in Malaysian Ringgit for hake is between MYR 44.16 and MYR 57.43 per kilogram or between MYR 20.03 and MYR 26.04 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia hake is between US$ 6.81 and US$ 8.86 per kilogram or between US$ 3.09 and US$ 4.02 per pound(lb).
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Malaysia Hake Export Prices - Historical, Trends and Prediction
In 2020, the export price of Hake from Malaysia was US$ 0.25 per Kg. In 2021, the export price was US$ 0.85 per Kg. In 2022, the export price was US$ 0.74 per Kg. In 2021, the export price was US$ 0.31 per Kg. For 2023, the predicted export price of Hake from Malaysia is US$ 0.85 per Kg.Malaysia Hake Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hake into Malaysia over the last five years has been quite varied. In 2015, the price was 9.33 US dollars per kg. This dropped significantly to 2.4 US dollars per kg in 2016. The price then rose to 6.67 US dollars per kg in 2017, before increasing again to 16.6 US dollars per kg in 2018. However, the price dropped again in 2019 to 0.93 US dollars per kg, and then further to 0.89 US dollars per kg in 2020. 2021 saw a significant increase to 13.0 US dollars per kg, before dropping to 0.0 US dollars per kg in 2022. Based on this data, it is likely that the import price per kilogram of Hake into Malaysia will remain relatively low in 2023, at around 0.9 US dollars per kg. However, it is possible that the price will increase again in 2024, to around 6.7 US dollars per kg.Export values for Malaysia hake
The total values in export for hake in Malaysia were US$ 28, US$ 12, US$ 20 and US$ 83 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in Malaysia: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of hake in other countries across Asia: Kazakhstan hake, Kyrgyzstan hake, Tajikistan hake, Turkmenistan hake, Uzbekistan hake, China hake, Hong Kong hake, Macao hake, North Korea hake & Mongolia hake.
Malaysia hake - Production, Exports, Imports, Seasons and HS Codes
The quantity of hake exported by Malaysia in 2020 was 9 metric tons. In 2019 Malaysia shipped 28 tonnes of hake. Across 2019 alone, the interest in Malaysia hake (fish category) has escalated, with a change of 460 per cent compared to the year 2018. Between 2017 and 2019, hake's exports grew by 833.33 pc netting the nation US$0.08m for the year 2019. Malaysia's hake exports are categorised as:
- Frozen hake "Merluccius spp., Urophycis spp." (HS code 030366)
- Frozen hake (Merluccius spp., Urophycis spp.) (HS code 030378)
- Frozen fillets of hake "Merluccius spp., Urophycis spp." (HS code 030474)
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Malaysia hake export values
In 2019, Malaysia supplied hake worth 0.08m USD, an increase of 300.00% from 2018's total hake export of 0.02m USD. The yearly change in value of Malaysia hake between 2017 to 2018 was 66.667 per cent.
The annual/yearly change in the amount of Malaysia's hake exports between 2017 and 2019 was 833.33 percent compared to a variation of 460% in the period between 2018 and 2019.
Malaysia's portion of the world's total hake's exports in 2019 was less than 1%. The country is ranked number 28 in world exports of hake.
Export markets for Malaysia hake ( in '000$ )
Import/Export Trends
Malaysia is a net exporter of hake. The annual growth of Malaysia hake in value between 2015 to 2019 was -31%, per annum, while annual growth in quantity during the same period was %, per annum.
Malaysia ordered 62 tonnes of hake in 2019.