What is the price of leather per kilogram/pound in Malaysia today?
The retail price range for Malaysia leather is between US$ 9.71 and US$ 9.81 per kilogram or between US$ 4.40 and US$ 4.45 per pound(lb). Click here to see today's exact prices of leather in Malaysia
The retail price range in Malaysian Ringgit for leather is between MYR 44.06 and MYR 44.51 per kilogram or between MYR 19.98 and MYR 20.18 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia leather is between US$ 6.80 and US$ 6.87 per kilogram or between US$ 3.08 and US$ 3.11 per pound(lb).
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Malaysia Leather Export Prices - Historical, Trends and Prediction
In 2016, the export price was 403.63 per Kg. In 2017, the export price was 554.61 per Kg. In 2018, the export price was 641.35 per Kg. In 2019, the export price was 563.28 per Kg. In 2020, the export price was 818.36 per Kg. For 2021, the export price is estimated to be 631.44 per Kg. For 2023, the export price is predicted to be around 745.00 per Kg.Malaysia Leather Import Prices - Historical, Trends and Prediction
The import price per kilogram of leather into Malaysia has seen a significant fluctuation over the past five years. In 2017, the price was 12.53 US dollars per kg, followed by a sharp increase to 16.93 US dollars per kg in 2018. This was the highest price in the past five years. In 2019, the price dropped to 33.72 US dollars per kg, before declining further to 9.21 US dollars per kg in 2020. The price has remained relatively stable in 2021 and 2022, at 9.25 and 0.00 US dollars per kg respectively. Looking ahead, it is likely that the import price per kilogram of leather into Malaysia will remain relatively stable in the next two years. We predict that the price in 2023 will be around 9.25 US dollars per kg, and in 2024 it will be around 0.00 US dollars per kg.Export values for Malaysia leather
The total values in export for leather in Malaysia were US$ 12,788, US$ 20,398, US$ 17,822 and US$ 15,645 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 leather in other countries across Asia: Kazakhstan leather, Kyrgyzstan leather, Tajikistan leather, Turkmenistan leather, Uzbekistan leather, China leather, Hong Kong leather, Macao leather, North Korea leather & Mongolia leather.
Malaysia leather - Production, Exports, Imports, Seasons and HS Codes
The volume of leather shipped by Malaysia in 2020 was 1,780 metric tonnes. In 2019 Malaysia sold 499 tonnes of leather. In 2019 alone, the demand for Malaysia leather (processed category) has shrunk, changing by -45.643 % compared to the year 2018. Between 2017 and 2019, leather's exports decreased by -66.82% bringing the nation US$15.64m for the year 2019. Malaysia's leather exports are classified as:
- Parings and other waste of leather, parchment-dressed leather or composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour (HS code 411000)
- Full grains leather "incl. parchment-dressed leather", unsplit, of the portions, strips or sheets of hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410791)
- Leather of reptiles, vegetable pre-tanned only (HS code 410721)
- Leather "incl. parchment-dressed leather" of the portions, strips or sheets of hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding unsplit full grains leather, grain splits leather, chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410799)
- Parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour (HS code 411520)
- Full grains and full grain splits of bovine and equine animals, dehaired, prepared after tanning (HS code 410431)
- Leather of antelopes, deer, elks, elephants and other animals, incl. sea animals, dehaired, and leather of hairless animals (excluding bovine and equine animals, sheep and lambs, goats and kids, pigs and reptiles, chamois leather, patent leather and patent laminated leather and metallized leather) (HS code 410790)
- Full grains leather "incl. parchment-dressed leather", unsplit, of the whole hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410711)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of goats or kids, without wool or hair on, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 411310)
- Chamois leather, incl. combination chamois leather (excluding glac‚-tanned leather subsequently treated with formaldehyde and leather stuffed with oil only after tanning) (HS code 410800)
- Bovine and equine leather, dehaired, tanned or pretanned only, whether or not split (excluding leather of whole hides of bovine animals, with a surface area of <= 2,6 mý, and bovine leather, pre-tanned only) (HS code 410429)
- Leather of reptiles (excluding vegetable pre-tanned only, plus chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410729)
- Grain splits leather "incl. parchment-dressed leather", of the whole hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410712)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of reptiles,, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 411330)
- Leather of whole hides of bovine animals, with a surface area of <= 2,6 mý, dehaired (excluding chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410410)
- Bovine and equine leather, dehaired, prepared after tanning, incl. parchment-dressed (excluding leather of whole bovine hides, with a surface area of <= 2,6 mý, full grains and full grain splits, chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410439)
- Bovine leather, dehaired, mineral or synthetic pre-tanned only, whether or not split (excluding leather of whole hides, with a surface area of <= 2,6 mý) (HS code 410422)
- Full grains leather, unsplit and grain splits leather, in the dry state "crust", of hides and skins of bovine "incl. buffalo" or equine animals, without hair on (excluding further prepared) (HS code 410441)
- Bovine leather, dehaired, vegetable pre-tanned only, whether or not split (excluding leather of whole hides, with a surface area of <= 2,6 mý) (HS code 410421)
- Grain splits leather "incl. parchment-dressed leather", of the portions, strips or sheets of hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410792)
- Patent leather and patent laminated leather; metallized leather (excluding lacquered or metallized reconstituted leather) (HS code 410900)
- Leather further prepared after tanning or crusting incl. parchment-dressed leather", of sheep or lambs, without wool on, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather)" (HS code 411200)
- Leather "incl. parchment-dressed leather" of the whole hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding unsplit full grains leather, grain splits leather, chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410719)
- Composition leather based on leather or leather fibre, in slabs, sheets or strip, whether or not in rolls (HS code 411510)
- Chamois leather, incl. combination chamois leather (excluding glacé-tanned leather subsequently treated with formaldehyde and leather stuffed with oil only after tanning) (HS code 411410)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of pigs, without hair on, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 411320)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of antelopes, deer, elks, elephants and other animals, incl. sea animals, without wool or hair on, and leather of hairless animals, whether or not split (excluding leather of bovine and equine animals, sheep and lambs, goats or kids, swine and reptiles, and chamois leather, patent leather, patent laminated leather and metallised leather) (HS code 411390)
- Patent leather and patent laminated leather; metallised leather (excluding lacquered or metallised reconstituted leather) (HS code 411420)
- Composition leather based on leather or leather fibre, in slabs, sheets or strip, whether or not in rolls (HS code 411100)
- Leather of swine, dehaired (excluding chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410710)
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Malaysia leather export values
In 2019, Malaysia sold leather worth 15.64m USD, a decrease of -12.24% from 2018's total leather export of 17.822m USD. The yearly change in value of Malaysia leather between 2017 to 2018 was -12.629 percent.
The yearly variation in the quantity of Malaysia's leather exports between 2017 and 2019 was -66.82 per cent in comparison to a variation of -45.643% in the period between 2018 and 2019.
Malaysia's stake of the world's total leather's exports in 2019 was less than 1%. Malaysia holds number 20 in world exports of leather.
Export markets for Malaysia leather ( in '000$ )
Import/Export Trends
Malaysia is a net importer of leather. The annual growth of Malaysia leather in value between 2015 to 2019 was 40%, per annum, while annual growth in quantity for the same period was 20%, per annum.
Malaysia ordered 3,718 tonnes of leather in 2019.