What is the price of maize per kilogram/pound in Malaysia today?
The retail price range for Malaysia maize is between US$ 0.24 and US$ 0.34 per kilogram or between US$ 0.11 and US$ 0.16 per pound(lb). Click here to see today's exact prices of maize in Malaysia
The retail price range in Malaysian Ringgit for maize is between MYR 1.11 and MYR 1.56 per kilogram or between MYR 0.50 and MYR 0.71 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia maize is between US$ 0.17 and US$ 0.24 per kilogram or between US$ 0.08 and US$ 0.11 per pound(lb).
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Malaysia Maize Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of Maize from Malaysia were US$ 0.42, US$ 0.10, US$ 0.40, US$ 0.31 and US$ 0.07 per Kg respectively. For 2021, the export price was US$ 0.05 per Kg. For 2023, the predicted export price is expected to be US$ 0.05 per Kg.The exports of maize from Malaysia are categorised as:
- Maize (excluding seed for sowing) (HS code 100590)
- Maize seed for sowing (HS code 100510)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
Malaysia Maize Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize into Malaysia over the last five years has been relatively stable. In 2017, the price was 0.08 US$ per kg, followed by 0.23 US$ per kg in 2018. In 2019, the price increased to 0.43 US$ per kg, before dropping to 0.22 US$ per kg in 2020. The price then increased again to 0.43 US$ per kg in 2021. The most recent data shows that the import price per kilogram of Maize into Malaysia is 0.00 US$ per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Maize into Malaysia will remain at 0.00 US$ per kg in 2023 and 2024.Export values for Malaysia maize
The total values in export for maize in Malaysia were US$ 20,524, US$ 19,688, US$ 6,884 and US$ 6,512 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Malaysia: Wheat, Rye, Barley, Oats, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of maize in other countries across Asia: Kazakhstan maize, Kyrgyzstan maize, Tajikistan maize, Turkmenistan maize, Uzbekistan maize, China maize, Hong Kong maize, Macao maize, North Korea maize & Mongolia maize.
Malaysia maize - Production, Exports, Imports, Seasons and HS Codes
The amount of maize sold by Malaysia in 2020 was 37,140 metric tons. In 2019 Malaysia sold 22,932 tonnes of maize. Through 2019 alone, the interest in Malaysia maize (cereals/grains category) has shrunk, flactuating by -18.328 percent compared to the year 2018. Between 2017 and 2019, maize's exports went down by -73.33 pc bringing Malaysia US$6.51m for the year 2019. Malaysia's maize exports are categorised as:
- Maize (excluding seed for sowing) (HS code 100590)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize seed for sowing (HS code 100510)
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Malaysia maize export values
In 2019, Malaysia supplied maize valued at 6.51m USD, a drop of -5.43% from 2018's total maize export of 6.884m USD. The annual change in value of Malaysia maize between 2017 to 2018 was -65.035 per cent.
The per year change in the volume of Malaysia's maize exports between 2017 and 2019 was -73.33 percent compared to a variation of -18.328% in the period between 2018 and 2019.
Export markets for Malaysia maize ( in '000$ )
Malaysia's leading destinations for maize are Singapore, Hong Kong, the Maldives, Myanmar and India.
Malaysia brought in 7,515,168 tonnes of maize in 2019.
Production
The production of maize in Malaysia was 322,638 tonnes in 2019 and is predicted to change by an average of -21.96%. The country had approximately 39,198.00 hectares under maize cultivation.