What is the price of rattans per kilogram/pound in Malaysia today?
The retail price range for Malaysia rattans is between US$ 0.49 and US$ 1.46 per kilogram or between US$ 0.22 and US$ 0.66 per pound(lb). Click here to see today's exact prices of rattans in Malaysia
The retail price range in Malaysian Ringgit for rattans is between MYR 2.21 and MYR 6.62 per kilogram or between MYR 1.00 and MYR 3.00 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia rattans is between US$ 0.34 and US$ 1.02 per kilogram or between US$ 0.15 and US$ 0.46 per pound(lb).
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Malaysia Rattans Export Prices - Historical, Trends and Prediction
In 2016, the export price was 11.85 per Kg. In 2017, the export price was 10.57 per Kg. In 2018, the export price was 20.61 per Kg. In 2019, the export price was 11.05 per Kg. In 2020, the export price was 6.66 per Kg. For 2021, the export price was 2.89 per Kg. For 2023, the predicted export price is estimated to be around 3.00 per Kg.Malaysia Rattans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rattans into Malaysia over the last five years has been quite varied. In 2017, the price was $1.17, followed by a significant increase to $8.68 in 2018. This was followed by a decrease to $0.91 in 2019 and then a slight increase to $1.26 in 2020. The price then rose to $1.57 in 2021 before dropping to $0.00 in 2022. Based on this data, it is likely that the import price per kilogram of Rattans into Malaysia will remain relatively stable in the next two years, with a predicted price of $1.26 for 2023 and $1.57 for 2024.Export values for Malaysia rattans
The total values in export for rattans in Malaysia were US$ 350, US$ 750, US$ 508 and US$ 2,144 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 rattans in other countries across Asia: Kazakhstan rattans, Kyrgyzstan rattans, Tajikistan rattans, Turkmenistan rattans, Uzbekistan rattans, China rattans, Hong Kong rattans, Macao rattans, North Korea rattans & Mongolia rattans.
Malaysia rattans - Production, Exports, Imports, Seasons and HS Codes
The volume of rattans exported by Malaysia in 2020 was 1,007 metric tonnes. In 2019 Malaysia shipped 1,421 tonnes of rattans. For the year 2019 alone, the demand for Malaysia rattans (agro commodities category) has increased, recording a change of 475.304 percent compared to the year 2018. Between 2017 and 2019, rattans' exports grew by 228.18 pc netting the exporter US$2.14m for the year 2019. Malaysia's rattans exports are categorised as:
- Rattans (HS code 140120)
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Malaysia rattans export values
In 2019, Malaysia supplied rattans with a value of 2.14m USD, a surge of 321.26% from 2018's total rattans export of 0.508m USD. The annual growth in value of Malaysia rattans between 2017 to 2018 was -32.267 per cent.
The annual/yearly change in the volume of Malaysia's rattans exports between 2017 and 2019 was 228.18 pc compared to a variation of 475.304% in the period between 2018 and 2019.
Malaysia's stake of the world's total rattans' exports in 2019 was less than 1%. The country is ranked number 14 in world exports of rattans.
Export markets for Malaysia rattans ( in '000$ )
Import/Export Trends
Malaysia is a net importer of rattans. The annual growth of Malaysia rattans in value between 2015 to 2019 was 38%, per year, while annual growth in quantity for the same period was 8%, per annum.
Malaysia ordered 4 tonnes of rattans in 2019.