What is the price of lactose per kilogram/pound in Malaysia today?
The retail price range for Malaysia lactose is between US$ 0.79 and US$ 0.95 per kilogram or between US$ 0.36 and US$ 0.43 per pound(lb). Click here to see today's exact prices of lactose in Malaysia
The retail price range in Malaysian Ringgit for lactose is between MYR 3.57 and MYR 4.33 per kilogram or between MYR 1.62 and MYR 1.96 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia lactose is between US$ 0.55 and US$ 0.67 per kilogram or between US$ 0.25 and US$ 0.30 per pound(lb).
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Malaysia Lactose Export Prices - Historical, Trends and Prediction
In 2021, the export price of Lactose from Malaysia was US$ 0.02 per Kg. In 2020, the export price was US$ 0.04 per Kg, in 2019 it was US$ 0.02 per Kg, in 2018 it was US$ 0.14 per Kg, and in 2017 it was US$ 0.17 per Kg. For 2023, it is difficult to predict the exact export price of Lactose from Malaysia, however, based on the trend of the past five years, it is likely to be around US$ 0.03 per Kg.The exports of lactose from Malaysia are categorised as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
Malaysia Lactose Import Prices - Historical, Trends and Prediction
The import price of Lactose into Malaysia has been quite volatile over the past five years. In 2011, the price was 0.88 US$ per kg, followed by a sharp increase to 3.94 US$ per kg in 2012. This was followed by a further increase to 19.4 US$ per kg in 2013. However, the price dropped drastically to 0.48 US$ per kg in 2014 and further to 0.2 US$ per kg in 2015. In 2016, the price rose again to 14.5 US$ per kg and then dropped to 0.39 US$ per kg in 2017. The price then increased to 0.84 US$ per kg in 2018 and 0.88 US$ per kg in 2019. In 2020, the price rose to 1.03 US$ per kg and further to 1.47 US$ per kg in 2021. The price for 2022 is 0.00 US$ per kg. Based on the data, it is likely that the price of Lactose imported into Malaysia will remain relatively stable in the next two years. We predict that the price for 2023 will be around 0.90 US$ per kg and for 2024 it will be around 1.05 US$ per kg.Export values for Malaysia lactose
The total values in export for lactose in Malaysia were US$ 283, US$ 2,668, US$ 257 and US$ 180 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 lactose in other countries across Asia: Kazakhstan lactose, Kyrgyzstan lactose, Tajikistan lactose, Turkmenistan lactose, Uzbekistan lactose, China lactose, Hong Kong lactose, Macao lactose, North Korea lactose & Mongolia lactose.
Malaysia lactose - Production, Exports, Imports, Seasons and HS Codes
The volume of lactose shipped by Malaysia in 2020 was 111 tonnes. In 2019 Malaysia exported 155 tonnes of lactose. In 2019 alone, the market for Malaysia lactose (processed category) has shrunk, recording a change of -27.57 pc compared to the year 2018. Between 2017 and 2019, lactose's exports reduced by -76.34 percent netting the exporter US$0.18m for the year 2019. Malaysia's lactose exports are classified as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
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Malaysia lactose export values
In 2019, Malaysia shipped lactose with a value of 0.18m USD, a drop of -29.96% from 2018's total lactose export of 0.257m USD. The yearly change in value of Malaysia lactose between 2017 to 2018 was -90.367%.
The annual change in the quantity of Malaysia's lactose exports between 2017 and 2019 was -76.34% in comparison to a variation of -27.57% in the period between 2018 and 2019.
Malaysia's portion of the world's total lactose's exports in 2019 was less than 1%. Malaysia is ranked number 35 in world exports of lactose.
Export markets for Malaysia lactose ( in '000$ )
Malaysia's leading export markets for lactose are China, Singapore, Myanmar, the Philippines and Indonesia.
Import/Export Trends
Malaysia is a net importer of lactose. The annual growth of Malaysia lactose in value between 2015 to 2019 was -29%, per year, while annual growth in quantity during the same period was -27%, per annum.
Malaysia bought 8,056 tonnes of lactose in 2019.