What is the price of raffia fiber per kilogram/pound in Malaysia today?
The retail price range for Malaysia raffia fiber is between US$ 0.34 and US$ 0.34 per kilogram or between US$ 0.16 and US$ 0.16 per pound(lb). Click here to see today's exact prices of raffia fiber in Malaysia
The retail price range in Malaysian Ringgit for raffia fiber is between MYR 1.55 and MYR 1.55 per kilogram or between MYR 0.70 and MYR 0.70 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia raffia fiber is between US$ 0.24 and US$ 0.24 per kilogram or between US$ 0.11 and US$ 0.11 per pound(lb).
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Malaysia Raffia Fiber Export Prices - Historical, Trends and Prediction
In the years 2015, 2016, 2017, 2018 and 2019, the export prices of Raffia fiber from Malaysia per Kg were US$ 0.45, US$ 0.43, US$ 0.79, US$ 0.34 and US$ 0.04 respectively. For the year 2021, the export price was US$ 0.06 per Kg. For the year 2023, the predicted export price is US$ 0.06 per Kg.Malaysia Raffia Fiber Import Prices - Historical, Trends and Prediction
The import price per kilogram of Raffia fiber into Malaysia has seen a steady increase over the last five years. In 2017, the price was 0.71 US dollars per kg, followed by a decrease to 0.19 US dollars per kg in 2018. In 2019, the price rose again to 0.11 US dollars per kg, and then increased to 0.52 US dollars per kg in 2020. The most recent data shows that the import price per kilogram of Raffia fiber into Malaysia was 0.28 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Raffia fiber into Malaysia will be 0.34 US dollars per kg in 2023 and 0.41 US dollars per kg in 2024.Export values for Malaysia raffia fiber
The total values in export for raffia fiber in Malaysia were US$ 250, US$ 219, US$ 426 and US$ 197 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Malaysia: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of raffia fiber in other countries across Asia: Kazakhstan raffia fiber, Kyrgyzstan raffia fiber, Tajikistan raffia fiber, Turkmenistan raffia fiber, Uzbekistan raffia fiber, China raffia fiber, Hong Kong raffia fiber, Macao raffia fiber, North Korea raffia fiber & Mongolia raffia fiber.
Malaysia raffia fiber - Production, Exports, Imports, Seasons and HS Codes
The volume of raffia fiber exported by Malaysia in 2020 was 173 metric tons. In 2019 Malaysia exported 576 tonnes of raffia fiber. For the year 2019 alone, the market for Malaysia raffia fiber (agro commodities category) has reduced, changing by -45.558 percent compared to the year 2018. Between 2017 and 2019, raffia fiber's exports decreased by -4 pc netting the exporter US$0.20m for the year 2019. Malaysia's raffia fiber exports are classified as:
- Reeds, rushes, osier, raffia, cleaned, bleached or dyed cereal straw, lime bark and other vegetable materials of a kind used primarily for plaiting (excluding bamboos and rattans) (HS code 140190)
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Malaysia raffia fiber export values
In 2019, Malaysia sold raffia fiber worth 0.20m USD, a contraction of -53.05% from 2018's total raffia fiber export of 0.426m USD. The yearly change in value of Malaysia raffia fiber between 2017 to 2018 was 94.521 percent.
The per year variation in the volume of Malaysia's raffia fiber exports between 2017 and 2019 was -4% in comparison to a variation of -45.558% in the period between 2018 and 2019.
Malaysia's share of the world's total raffia fiber's exports in 2019 was less than 1%. The country holds position 42 in world exports of raffia fiber.
Export markets for Malaysia raffia fiber ( in '000$ )
Import/Export Trends
Malaysia is a net importer of raffia fiber. The annual growth of Malaysia raffia fiber in value between 2015 to 2019 was 149%, per year, while annual growth in quantity through the same period was 92%, per annum.
Malaysia purchased 181 tonnes of raffia fiber in 2019.