What is the price of sesame oil per kilogram/pound in Malaysia today?
The retail price range for Malaysia sesame oil is between US$ 2.70 and US$ 2.79 per kilogram or between US$ 1.23 and US$ 1.27 per pound(lb). Click here to see today's exact prices of sesame oil in Malaysia
The retail price range in Malaysian Ringgit for sesame oil is between MYR 12.26 and MYR 12.66 per kilogram or between MYR 5.56 and MYR 5.74 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia sesame oil is between US$ 1.89 and US$ 1.95 per kilogram or between US$ 0.86 and US$ 0.89 per pound(lb).
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Malaysia Sesame Oil Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of Sesame oil from Malaysia per Kg were US$ 7.82, US$ 8.74, US$ 8.94, US$ 15.80 and US$ 10.95 respectively. For 2021, the export price was US$ 15.71 per Kg. It is difficult to predict the export price for 2023, as it is dependent on various factors such as market demand, supply, and other economic conditions.The exports of sesame oil from Malaysia are categorised as:
- Sesame oil and its fractions, whether or not refined, but not chemically modified (HS code 151550)
Malaysia Sesame Oil Import Prices - Historical, Trends and Prediction
The import price of sesame oil into Malaysia has been quite volatile over the past five years. In 2016, the price was at its highest at 3.46 US dollars per kg, before dropping to its lowest in 2020 at 2.88 US dollars per kg. Since then, the price has been on the rise, reaching 4.2 US dollars per kg in 2021. Based on this trend, it is likely that the import price of sesame oil into Malaysia will continue to increase in the next two years, reaching 4.45 US dollars per kg in 2023 and 4.90 US dollars per kg in 2024.Export values for Malaysia sesame oil
The total values in export for sesame oil in Malaysia were US$ 3,031, US$ 3,917, US$ 3,741 and US$ 4,134 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Malaysia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of sesame oil in other countries across Asia: Kazakhstan sesame oil, Kyrgyzstan sesame oil, Tajikistan sesame oil, Turkmenistan sesame oil, Uzbekistan sesame oil, China sesame oil, Hong Kong sesame oil, Macao sesame oil, North Korea sesame oil & Mongolia sesame oil.
Malaysia sesame oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of sesame oil shipped by Malaysia in 2020 was 2,053 tons. In 2019 Malaysia exported 1,481 tonnes of sesame oil. Across 2019 alone, the demand for Malaysia sesame oil (processed category) has climbed, recording a change of 13.836 percent compared to the year 2018. Between 2017 and 2019, sesame oil's exports went up by 28.67% earning the exporter US$4.13m for the year 2019. Malaysia's sesame oil exports are classified as:
- Sesame oil and its fractions, whether or not refined, but not chemically modified (HS code 151550)
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Malaysia sesame oil export values
In 2019, Malaysia exported sesame oil worth 4.13m USD, a growth of 10.40% from 2018's total sesame oil export of 3.741m USD. The annual increase in value of Malaysia sesame oil between 2017 to 2018 was -4.493 pc.
The annual/yearly change in the amount of Malaysia's sesame oil exports between 2017 and 2019 was 28.67 per cent when compared to a variation of 13.836% in the growth rate between 2018 and 2019.
Export markets for Malaysia sesame oil ( in '000$ )
Malaysia's best performing destinations for sesame oil are Singapore, Indonesia, the Philippines, Thailand and Australia.
Malaysia bought 617 tonnes of sesame oil in 2019.