What is the price of mace per kilogram/pound in Malaysia today?
The retail price range for Malaysia mace is between US$ 12.73 and US$ 15.30 per kilogram or between US$ 5.77 and US$ 6.94 per pound(lb). Click here to see today's exact prices of mace in Malaysia
The retail price range in Malaysian Ringgit for mace is between MYR 57.75 and MYR 69.43 per kilogram or between MYR 26.19 and MYR 31.49 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia mace is between US$ 8.91 and US$ 10.71 per kilogram or between US$ 4.04 and US$ 4.86 per pound(lb).
Related: Kenya Mace prices, South Africa Mace prices, Philippines Mace prices, India Mace prices, United Arab Emirates (UAE) Mace prices, Canada Mace prices, US Mace prices, Australia Mace prices, New Zealand Mace prices, Germany Mace prices, Netherlands Mace prices, Spain Mace prices, United Kingdom (UK) Mace prices,
Price Finder Tool
Search for prices of Malaysia mace and other products in different countries.
Malaysia Mace Export Prices - Historical, Trends and Prediction
In 2016, the export price of Mace from Malaysia was US$ 12.62 per Kg. In 2017, the export price was US$ 5.09 per Kg. In 2018, the export price was US$ 8.22 per Kg. In 2019, the export price was US$ 10.42 per Kg. In 2020, the export price was US$ 8.14 per Kg. For 2021, the export price is estimated to be US$ 8.48 per Kg. For 2023, the export price is predicted to be US$ 8.48 per Kg.Malaysia Mace Import Prices - Historical, Trends and Prediction
The import price of Mace into Malaysia over the last five years has been quite volatile. In 2016, the price was at its highest at 23.50 US dollars per kg, before dropping to 11.43 US dollars per kg in 2017. The price then rose to 16.60 US dollars per kg in 2018, before increasing further to 19.14 US dollars per kg in 2019. In 2020, the price dropped to 14.05 US dollars per kg, before rising again to 23.60 US dollars per kg in 2021. Based on this trend, it is likely that the import price of Mace into Malaysia will remain around the same level in 2023, at around 23.60 US dollars per kg. However, it is possible that the price could drop slightly in 2024, to around 22.00 US dollars per kg.Export values for Malaysia mace
The total values in export for mace in Malaysia were US$ 224, US$ 376, US$ 263 and US$ 332 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, Cardamom, Anise & Coriander seeds.
See prices of mace in other countries across Asia: Kazakhstan mace, Kyrgyzstan mace, Tajikistan mace, Turkmenistan mace, Uzbekistan mace, China mace, Hong Kong mace, Macao mace, North Korea mace & Mongolia mace.
Malaysia mace - Production, Exports, Imports, Seasons and HS Codes
The quantity of mace shipped by Malaysia in 2020 was 22 metric tons. In 2019 Malaysia exported 21 tonnes of mace. For 2019 alone, the interest in Malaysia mace (herbs and spices category) has improved, with a change of 5 per cent compared to the year 2018. Between 2017 and 2019, mace's exports went down by -8.7 pc netting the country US$0.33m for the year 2019. Malaysia's mace exports are categorised as:
- Mace (HS code 090820)
- Mace, crushed or ground (HS code 090822)
- Mace, neither crushed nor ground (HS code 090821)
Are you a producer of mace or other products?
Sign up today for FREE to buy or sell mace.
Malaysia mace export values
In 2019, Malaysia supplied mace valued at 0.33m USD, an increase of 25.48% from 2018's total mace export of 0.263m USD. The yearly change in value of Malaysia mace between 2017 to 2018 was -30.053 per cent.
The annual variation in the quantity of Malaysia's mace exports between 2017 and 2019 was -8.7 percent in comparison to a variation of 5% in the period between 2018 and 2019.
Export markets for Malaysia mace ( in '000$ )
Malaysia imported 11 tonnes of mace in 2019.