What is the price of palm nuts and kernels per kilogram/pound in Malaysia today?
The retail price range for Malaysia palm nuts and kernels is between US$ 1.96 and US$ 1.96 per kilogram or between US$ 0.89 and US$ 0.89 per pound(lb). Click here to see today's exact prices of palm nuts and kernels in Malaysia
The retail price range in Malaysian Ringgit for palm nuts and kernels is between MYR 8.90 and MYR 8.90 per kilogram or between MYR 4.04 and MYR 4.04 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia palm nuts and kernels is between US$ 1.37 and US$ 1.37 per kilogram or between US$ 0.62 and US$ 0.62 per pound(lb).
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Malaysia Palm Nuts And Kernels Export Prices - Historical, Trends and Prediction
In 2016, the export price was 2.16 US$ per Kg, in 2017 it was 0.74 US$ per Kg, in 2018 it was 0.68 US$ per Kg, in 2019 it was 1.53 US$ per Kg and in 2020 it was 9.04 US$ per Kg. For the year 2023, the predicted export price is 0.68 US$ per Kg.The Malaysia palm nuts and kernels exports are categorised as:
- Palm nuts and kernels (HS code 120710)
Malaysia Palm Nuts And Kernels Import Prices - Historical, Trends and Prediction
The import price per kilogram of Palm nuts and kernels into Malaysia has seen a steady increase over the last five years. In 2017, the price was 12.23 US dollars per kilogram, followed by 0.01 US dollars in 2018. In 2019, the price rose to 2.55 US dollars per kilogram and in 2020, it was 0.78 US dollars per kilogram. The most recent data shows that the price in 2021 was 1.27 US dollars per kilogram. Based on this trend, it is predicted that the import price per kilogram of Palm nuts and kernels into Malaysia in 2023 will be around 1.50 US dollars and in 2024, it will be around 1.75 US dollars.Export values for Malaysia palm nuts and kernels
The total values in export for palm nuts and kernels in Malaysia were US$ 1,604, US$ 953, US$ 1,027 and US$ 497 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Malaysia: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of palm nuts and kernels in other countries across Asia: Kazakhstan palm nuts and kernels, Kyrgyzstan palm nuts and kernels, Tajikistan palm nuts and kernels, Turkmenistan palm nuts and kernels, Uzbekistan palm nuts and kernels, China palm nuts and kernels, Hong Kong palm nuts and kernels, Macao palm nuts and kernels, North Korea palm nuts and kernels & Mongolia palm nuts and kernels.
Malaysia palm nuts and kernels - Production, Exports, Imports, Seasons and HS Codes
The volume of palm nuts and kernels shipped by Malaysia in 2020 was 5,206 metric tons. In 2019 Malaysia sold 250 tonnes of palm nuts and kernels. In 2019 alone, the interest in Malaysia palm nuts and kernels (nuts category) has gone up, with a change of 42.045 pc compared to the year 2018. Between 2017 and 2019, palm nuts and kernels' exports grew by 197.62% earning Malaysia US$0.50m for the year 2019. Malaysia's palm nuts and kernels exports are categorised as:
- Palm nuts and kernels (HS code 120710)
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Malaysia palm nuts and kernels export values
In 2019, Malaysia supplied palm nuts and kernels with a value of 0.50m USD, a decrease of -51.31% from 2018's total palm nuts and kernels export of 1.027m USD. The annual reduction in value of Malaysia palm nuts and kernels between 2017 to 2018 was 7.765 pc.
The annual variation in the volume of Malaysia's palm nuts and kernels exports between 2017 and 2019 was 197.62 per cent when compared to a variation of 42.045% in the growth rate between 2018 and 2019.
Export markets for Malaysia palm nuts and kernels ( in '000$ )
Malaysia's top destinations for palm nuts and kernels are New Zealand, South Korea, Pakistan, China and Turkey.
Malaysia procured 79,733 tonnes of palm nuts and kernels in 2019.