What is the price of malt extract per kilogram/pound in Malaysia today?
The retail price range for Malaysia malt extract is between US$ 1.08 and US$ 1.15 per kilogram or between US$ 0.49 and US$ 0.52 per pound(lb). Click here to see today's exact prices of malt extract in Malaysia
The retail price range in Malaysian Ringgit for malt extract is between MYR 4.92 and MYR 5.22 per kilogram or between MYR 2.23 and MYR 2.37 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia malt extract is between US$ 0.76 and US$ 0.81 per kilogram or between US$ 0.34 and US$ 0.37 per pound(lb).
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Malaysia Malt Extract Export Prices - Historical, Trends and Prediction
In 2021, the export price of Malt Extract from Malaysia was US$ 25.78 per Kg. In 2020, the export price was US$ 23.67 per Kg. In 2019, the export price was US$ 22.46 per Kg. In 2018, the export price was US$ 22.14 per Kg. In 2017, the export price was US$ 18.68 per Kg. For 2023, the predicted export price of Malt Extract from Malaysia is US$ 27.00 per Kg.The Malaysia malt extract exports are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
Malaysia Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Malaysia over the last five years has been relatively stable. In 2017, the price was $1.22, followed by $1.39 in 2018, $1.14 in 2019, $1.26 in 2020 and $1.44 in 2021. This indicates a slight increase in the price over the last five years. If this trend continues, we can expect the price of Malt Extract to be around $1.47 in 2023 and $1.50 in 2024.Export values for Malaysia malt extract
The total values in export for malt extract in Malaysia were US$ 394,926, US$ 475,271, US$ 445,225 and US$ 511,283 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 malt extract in other countries across Asia: Kazakhstan malt extract, Kyrgyzstan malt extract, Tajikistan malt extract, Turkmenistan malt extract, Uzbekistan malt extract, China malt extract, Hong Kong malt extract, Macao malt extract, North Korea malt extract & Mongolia malt extract.
Malaysia malt extract - Production, Exports, Imports, Seasons and HS Codes
The volume of malt extract exported by Malaysia in 2020 was 433,310 metric tonnes. In 2019 Malaysia sold 447,796 tonnes of malt extract. For 2019 alone, the demand for Malaysia malt extract (processed category) has improved, with a change of 21.854 % compared to the year 2018. Between 2017 and 2019, malt extract's exports grew by 22.9 pc bringing the nation US$511.28m for the year 2019. Malaysia's malt extract exports are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Malaysia malt extract export values
In 2019, Malaysia supplied malt extract with a value of 511.28m USD, an improvement of 14.84% from 2018's total malt extract export of 445.225m USD. The annual growth in value of Malaysia malt extract between 2017 to 2018 was -6.322 pc.
The annual variation in the quantity of Malaysia's malt extract exports between 2017 and 2019 was 22.9% when compared to a variation of 21.854% in the growth rate between 2018 and 2019.
Malaysia's stake of the world's total malt extract's exports in 2019 was less than 1%. The country holds number 14 in world exports of malt extract.
Export markets for Malaysia malt extract ( in '000$ )
Malaysia's best performing export markets for malt extract are the Philippines, Togo, Indonesia, Vietnam and Myanmar.
Import/Export Trends
Malaysia is a net importer of malt extract. The annual growth of Malaysia malt extract in value between 2015 to 2019 was 7%, per annum, while annual growth in quantity for the same period was 9%, per annum.
Malaysia imported 65,227 tonnes of malt extract in 2019.