What is the price of oleoresins per kilogram/pound in Malaysia today?
The retail price range for Malaysia oleoresins is between US$ 19.41 and US$ 29.12 per kilogram or between US$ 8.80 and US$ 13.20 per pound(lb). Click here to see today's exact prices of oleoresins in Malaysia
The retail price range in Malaysian Ringgit for oleoresins is between MYR 88.07 and MYR 132.11 per kilogram or between MYR 39.94 and MYR 59.91 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia oleoresins is between US$ 13.59 and US$ 20.38 per kilogram or between US$ 6.16 and US$ 9.24 per pound(lb).
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Malaysia Oleoresins Export Prices - Historical, Trends and Prediction
In 2021 the export price was US$ 6.40 per Kg. In 2020 the export price was US$ 5.34 per Kg, in 2019 the export price was US$ 2.95 per Kg, in 2018 the export price was US$ 4.21 per Kg, and in 2017 the export price was US$ 3.38 per Kg. For 2023, the export price is predicted to be US$ 7.45 per Kg.Malaysia Oleoresins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oleoresins into Malaysia has seen a steady increase over the past five years. In 2017, the price was 13.98 US dollars per kilogram, followed by 8.48 US dollars per kilogram in 2018. In 2019, the price rose to 16.14 US dollars per kilogram and further increased to 19.57 US dollars per kilogram in 2020. The highest price was recorded in 2021, at 13.79 US dollars per kilogram. Based on the trend, it is predicted that the import price per kilogram of Oleoresins into Malaysia will be around 20.23 US dollars in 2023 and 21.37 US dollars in 2024.Export values for Malaysia oleoresins
The total values in export for oleoresins in Malaysia were US$ 1,218, US$ 1,542, US$ 1,860 and US$ 2,366 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 oleoresins in other countries across Asia: Kazakhstan oleoresins, Kyrgyzstan oleoresins, Tajikistan oleoresins, Turkmenistan oleoresins, Uzbekistan oleoresins, China oleoresins, Hong Kong oleoresins, Macao oleoresins, North Korea oleoresins & Mongolia oleoresins.
Malaysia oleoresins - Production, Exports, Imports, Seasons and HS Codes
The volume of oleoresins exported by Malaysia in 2020 was 153 metric tons. In 2019 Malaysia sold 112 tonnes of oleoresins. In 2019 alone, the interest in Malaysia oleoresins (processed category) has decreased, recording a change of -59.857 per cent compared to the year 2018. Between 2017 and 2019, oleoresins' exports went down by -15.79 pc netting Malaysia US$2.37m for the year 2019. Malaysia's oleoresins exports are classified as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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Malaysia oleoresins export values
In 2019, Malaysia shipped oleoresins with a value of 2.37m USD, an increase of 27.42% from 2018's total oleoresins export of 1.86m USD. The annual growth in value of Malaysia oleoresins between 2017 to 2018 was 20.623 pc.
The annual change in the volume of Malaysia's oleoresins exports between 2017 and 2019 was -15.79% compared to a variation of -59.857% in the period between 2018 and 2019.
Malaysia's portion of the world's total oleoresins' exports in 2019 was less than 1%. The country holds position 54 in world exports of oleoresins.
Export markets for Malaysia oleoresins ( in '000$ )
Import/Export Trends
Malaysia is a net importer of oleoresins. The annual growth of Malaysia oleoresins in value between 2015 to 2019 was -23%, per year, while annual growth in quantity during the same period was %, per annum.
Malaysia imported 459 tonnes of oleoresins in 2019.