What is the price of maple syrup per kilogram/pound in Malaysia today?
The retail price range for Malaysia maple syrup is between US$ 2.08 and US$ 2.93 per kilogram or between US$ 0.94 and US$ 1.33 per pound(lb). Click here to see today's exact prices of maple syrup in Malaysia
The retail price range in Malaysian Ringgit for maple syrup is between MYR 9.45 and MYR 13.31 per kilogram or between MYR 4.29 and MYR 6.04 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia maple syrup is between US$ 1.46 and US$ 2.05 per kilogram or between US$ 0.66 and US$ 0.93 per pound(lb).
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Malaysia Maple Syrup Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export price of Maple Syrup from Malaysia was US$ 1.30, US$ 3.03, US$ 0.92, US$ 2.91 and US$ 2.43 per Kg respectively. For the year 2021, the export price was US$ 3.90 per Kg. For the year 2023, the predicted export price of Maple Syrup from Malaysia is US$ 3.90 per Kg.The maple syrup exports from Malaysia are classified as:
- Maple sugar, in solid form, and maple syrup (excluding flavoured or coloured) (HS code 170220)
Malaysia Maple Syrup Import Prices - Historical, Trends and Prediction
The import price of Maple Syrup into Malaysia over the last five years has been quite varied. In 2015, the price was 4.75 US dollars per kilogram, followed by a drop to 0.50 US dollars per kilogram in 2016. In 2017, the price rose again to 4.25 US dollars per kilogram, before dropping to 0.75 US dollars per kilogram in 2018. The price then rose significantly to 11.00 US dollars per kilogram in 2019, before dropping to 2.00 US dollars per kilogram in 2020. The most recent year, 2021, saw the price rise to 4.00 US dollars per kilogram. Based on this data, it is likely that the import price of Maple Syrup into Malaysia will remain relatively stable in the next two years, with a predicted price of 4.00 US dollars per kilogram in 2023 and 2024.Export values for Malaysia maple syrup
The total values in export for maple syrup in Malaysia were US$ 57, US$ 7, US$ 17 and US$ 6 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 maple syrup in other countries across Asia: Kazakhstan maple syrup, Kyrgyzstan maple syrup, Tajikistan maple syrup, Turkmenistan maple syrup, Uzbekistan maple syrup, China maple syrup, Hong Kong maple syrup, Macao maple syrup, North Korea maple syrup & Mongolia maple syrup.
Malaysia maple syrup - Production, Exports, Imports, Seasons and HS Codes
The volume of maple syrup exported by Malaysia in 2020 was 10 tonnes. In 2019 Malaysia exported 2 tonnes of maple syrup. Across 2019 alone, the market for Malaysia maple syrup (processed category) has reduced, with a change of -75 % compared to the year 2018. Between 2017 and 2019, maple syrup's exports decreased by -50 pc netting the nation US$0.01m for the year 2019. Malaysia's maple syrup exports are categorised as:
- Maple sugar, in solid form, and maple syrup (excluding flavoured or coloured) (HS code 170220)
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Malaysia maple syrup export values
In 2019, Malaysia supplied maple syrup worth 0.01m USD, a reduction of -41.18% from 2018's total maple syrup export of 0.017m USD. The annual reduction in value of Malaysia maple syrup between 2017 to 2018 was 142.857 pc.
The yearly variation in the volume of Malaysia's maple syrup exports between 2017 and 2019 was -50 per cent in comparison to a variation of -75% in the period between 2018 and 2019.
Malaysia's share of the world's total maple syrup's exports in 2019 was less than 1%. Malaysia holds number 34 in world exports of maple syrup.
Export markets for Malaysia maple syrup ( in '000$ )
Malaysia's top destinations for maple syrup are Australia, United Kingdom (UK), Germany, Singapore and the Philippines.
Import/Export Trends
Malaysia is a net exporter of maple syrup. The annual growth of Malaysia maple syrup in value between 2015 to 2019 was -48%, per annum, while annual growth in quantity during the same period was -51%, per annum.
Malaysia purchased 117 tonnes of maple syrup in 2019.