What is the price of margarine per kilogram/pound in Malaysia today?
The retail price range for Malaysia margarine is between US$ 1.08 and US$ 1.14 per kilogram or between US$ 0.49 and US$ 0.52 per pound(lb). Click here to see today's exact prices of margarine in Malaysia
The retail price range in Malaysian Ringgit for margarine is between MYR 4.91 and MYR 5.17 per kilogram or between MYR 2.23 and MYR 2.35 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia margarine is between US$ 0.76 and US$ 0.80 per kilogram or between US$ 0.34 and US$ 0.36 per pound(lb).
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Malaysia Margarine Export Prices - Historical, Trends and Prediction
In 2015, the export price of Margarine from Malaysia was US$ 2.83 per Kg. In 2016, the export price was US$ 3.03 per Kg. In 2017, the export price was US$ 3.13 per Kg. In 2018, the export price was US$ 3.37 per Kg. In 2019, the export price was US$ 3.57 per Kg. For the year 2021, the export price is estimated to be US$ 6.44 per Kg. For the year 2023, the export price is estimated to be US$ 8.25 per Kg.The Malaysia margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
Malaysia Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Malaysia over the last five years has been relatively stable. In 2017, the price was 1.20 US$ per kg, followed by 1.35 US$ per kg in 2018. In 2019, the price dropped to 1.11 US$ per kg, before rising to 2.04 US$ per kg in 2020. The price then decreased to 1.69 US$ per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Margarine into Malaysia in 2023 will be around 1.50 US$ per kg, and in 2024 it will be around 1.80 US$ per kg.Export values for Malaysia margarine
The total values in export for margarine in Malaysia were US$ 21,819, US$ 23,368, US$ 24,634 and US$ 28,366 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 margarine in other countries across Asia: Kazakhstan margarine, Kyrgyzstan margarine, Tajikistan margarine, Turkmenistan margarine, Uzbekistan margarine, China margarine, Hong Kong margarine, Macao margarine, North Korea margarine & Mongolia margarine.
Malaysia margarine - Production, Exports, Imports, Seasons and HS Codes
The volume of margarine sold by Malaysia in 2020 was 23,868 metric tonnes. In 2019 Malaysia sold 25,532 tonnes of margarine. Through 2019 alone, the demand for Malaysia margarine (processed category) has increased, changing by 21.72 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports grew by 24.29% bringing the country US$28.37m for the year 2019. Malaysia's margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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Malaysia margarine export values
In 2019, Malaysia sold margarine valued at 28.37m USD, an increase of 15.17% from 2018's total margarine export of 24.634m USD. The annual increase in value of Malaysia margarine between 2017 to 2018 was 5.418 pc.
The annual change in the quantity of Malaysia's margarine exports between 2017 and 2019 was 24.29 per cent when compared to a variation of 21.72% in the growth rate between 2018 and 2019.
Malaysia's portion of the world's total margarine's exports in 2019 was less than 1%. The country is ranked number 50 in world exports of margarine.
Export markets for Malaysia margarine ( in '000$ )
Malaysia's top destinations for margarine are Iraq, Singapore, Saudi Arabia, Sudan and Iran.
Import/Export Trends
Malaysia is a net importer of margarine. The annual growth of Malaysia margarine in value between 2015 to 2019 was 4%, per annum, while annual growth in quantity was -5%, per annum.
Malaysia procured 7,041 tonnes of margarine in 2019.