What is the price of sea bass per kilogram/pound in Malaysia today?
The retail price range for Malaysia sea bass is between US$ 1.63 and US$ 2.21 per kilogram or between US$ 0.74 and US$ 1.00 per pound(lb). Click here to see today's exact prices of sea bass in Malaysia
The retail price range in Malaysian Ringgit for sea bass is between MYR 7.41 and MYR 10.01 per kilogram or between MYR 3.36 and MYR 4.54 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia sea bass is between US$ 1.14 and US$ 1.54 per kilogram or between US$ 0.52 and US$ 0.70 per pound(lb).
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Malaysia Sea Bass Export Prices - Historical, Trends and Prediction
In 2016, the export price of Sea Bass from Malaysia was US$ 12.76 per Kg. In 2017, the export price was US$ 7.30 per Kg. In 2018, the export price was US$ 8.23 per Kg. In 2019, the export price was US$ 8.01 per Kg. In 2020, the export price was US$ 16.76 per Kg. For 2021, the export price is estimated to be US$ 14.76 per Kg. For 2023, the export price is predicted to be US$ 14.76 per Kg.Malaysia Sea Bass Import Prices - Historical, Trends and Prediction
The import price per kilogram of Sea Bass into Malaysia over the last five years has been quite volatile. In 2017, the price was at its highest at $3.15, before dropping to $1.70 in 2018. The price then rose to $2.36 in 2019, before increasing again to $2.95 in 2020. This year, 2021, the price has dropped to $1.98. Looking ahead, we can predict that the import price per kilogram of Sea Bass into Malaysia will remain relatively stable in the next two years, with an estimated price of $2.00 in 2023 and $2.05 in 2024.Export values for Malaysia sea bass
The total values in export for sea bass in Malaysia were US$ 3,089, US$ 3,321, US$ 6,124 and US$ 4,580 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Malaysia: Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of sea bass in other countries across Asia: Kazakhstan sea bass, Kyrgyzstan sea bass, Tajikistan sea bass, Turkmenistan sea bass, Uzbekistan sea bass, China sea bass, Hong Kong sea bass, Macao sea bass, North Korea sea bass & Mongolia sea bass.
Malaysia sea bass - Production, Exports, Imports, Seasons and HS Codes
The amount of sea bass sold by Malaysia in 2020 was 3,995 metric tons. In 2019 Malaysia exported 2,729 tonnes of sea bass. Through 2019 alone, the market for Malaysia sea bass (seafood category) has surged, changing by 1.149 % compared to the year 2018. Between 2017 and 2019, sea bass' exports went up by 40.45 pc bringing Malaysia US$4.58m for the year 2019. Malaysia's sea bass exports are classified as:
- Frozen sea bass (Dicentrarchus labrax, Dicentrarchus punctatus) (HS code 030377)
- Fresh or chilled sea bass "Dicentrarchus spp." (HS code 030284)
- Frozen sea bass "Dicentrarchus spp." (HS code 030384)
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Malaysia sea bass export values
In 2019, Malaysia shipped sea bass costing 4.58m USD, a contraction of -25.21% from 2018's total sea bass export of 6.124m USD. The yearly reduction in value of Malaysia sea bass between 2017 to 2018 was 84.402%.
The yearly variation in the quantity of Malaysia's sea bass exports between 2017 and 2019 was 40.45 percent compared to a variation of 1.149% in the period between 2018 and 2019.
Malaysia's stake of the world's total sea bass' exports in 2019 was less than 1%. Malaysia holds position 30 in world exports of sea bass.
Export markets for Malaysia sea bass ( in '000$ )
Import/Export Trends
Malaysia is a net exporter of sea bass. The annual growth of Malaysia sea bass in value between 2015 to 2019 was -49%, per year, while annual growth in quantity through the same period was -35%, per annum.
Malaysia purchased 1,811 tonnes of sea bass in 2019.