What is the price of olives per kilogram/pound in Malaysia today?
The retail price range for Malaysia olives is between US$ 0.53 and US$ 0.64 per kilogram or between US$ 0.24 and US$ 0.29 per pound(lb). Click here to see today's exact prices of olives in Malaysia
The retail price range in Malaysian Ringgit for olives is between MYR 2.40 and MYR 2.92 per kilogram or between MYR 1.09 and MYR 1.32 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia olives is between US$ 0.37 and US$ 0.45 per kilogram or between US$ 0.17 and US$ 0.20 per pound(lb).
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Malaysia Olives Export Prices - Historical, Trends and Prediction
In 2021, the export price of Olives from Malaysia was US$ 0.0083 per Kg. In 2020, the export price was US$ 0.0029 per Kg. In 2019, the export price was US$ 0.0077 per Kg. In 2018, the export price was US$ 0.0038 per Kg. In 2017, the export price was US$ 0.0387 per Kg. For 2023, the predicted export price of Olives from Malaysia is US$ 0.0083 per Kg.The exports of olives from Malaysia are categorised as:
- Fresh or chilled olives (HS code 070992)
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
Malaysia Olives Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olives into Malaysia over the last five years has been quite volatile. In 2011, the price was 6.00 US dollars per kg, followed by a sharp increase to 23.00 US dollars per kg in 2012. This was followed by a sharp decrease to 2.00 US dollars per kg in 2013. The price then increased to 5.20 US dollars per kg in 2014 and further increased to 1.60 US dollars per kg in 2015. In 2016, the price skyrocketed to 50.31 US dollars per kg, followed by a sharp decrease to 2.59 US dollars per kg in 2017. The price then decreased further to 0.59 US dollars per kg in 2018 and increased to 2.04 US dollars per kg in 2019. In 2020, the price decreased to 0.96 US dollars per kg and increased to 2.92 US dollars per kg in 2021. The price for 2022 is 0.00 US dollars per kg. Based on the data, it is predicted that the import price per kilogram of Olives into Malaysia in 2023 will be 1.48 US dollars per kg and in 2024 will be 2.44 US dollars per kg.Export values for Malaysia olives
The total values in export for olives in Malaysia were US$ 24, US$ 654, US$ 254 and US$ 20 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Malaysia: Pumpkins, squash and gourds, Sweetcorn, Bananas, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of olives in other countries across Asia: Kazakhstan olives, Kyrgyzstan olives, Tajikistan olives, Turkmenistan olives, Uzbekistan olives, China olives, Hong Kong olives, Macao olives, North Korea olives & Mongolia olives.
Malaysia olives - Production, Exports, Imports, Seasons and HS Codes
The quantity of olives shipped by Malaysia in 2020 was 27 tonnes. In 2019 Malaysia exported 27 tonnes of olives. For the year 2019 alone, the demand for Malaysia olives (fruits category) has decreased, recording a change of -20.588 pc compared to the year 2018. Between 2017 and 2019, olives' exports decreased by -72.45% bringing the country US$0.02m for the year 2019. Malaysia's olives exports are classified as:
- Olives, prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200570)
- Fresh or chilled olives (HS code 070992)
- Olives, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 071120)
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Malaysia olives export values
In 2019, Malaysia shipped olives costing 0.02m USD, a drop of -92.13% from 2018's total olives export of 0.254m USD. The yearly change in value of Malaysia olives between 2017 to 2018 was -61.162%.
The annual change in the quantity of Malaysia's olives exports between 2017 and 2019 was -72.45 percent compared to a variation of -20.588% in the period between 2018 and 2019.
Malaysia's share of the world's total olives' exports in 2019 was less than 1%. Malaysia holds number 37 in world exports of olives.
Export markets for Malaysia olives ( in '000$ )
Malaysia's leading destinations for olives are Bangladesh, Thailand, Australia, Singapore and Indonesia.
Import/Export Trends
Malaysia is a net exporter of olives. The annual growth of Malaysia olives in value between 2015 to 2019 was -69%, per annum, while annual growth in quantity during the same period was -69%, per annum.
Malaysia bought 808 tonnes of olives in 2019.