What is the price of shrimps & prawns per kilogram/pound in Malaysia today?
The retail price range for Malaysia shrimps & prawns is between US$ 5.81 and US$ 5.90 per kilogram or between US$ 2.63 and US$ 2.68 per pound(lb). Click here to see today's exact prices of shrimps & prawns in Malaysia
The retail price range in Malaysian Ringgit for shrimps & prawns is between MYR 26.35 and MYR 26.78 per kilogram or between MYR 11.95 and MYR 12.15 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia shrimps & prawns is between US$ 4.07 and US$ 4.13 per kilogram or between US$ 1.84 and US$ 1.87 per pound(lb).
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Malaysia Shrimps & Prawns Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of Shrimps & Prawns from Malaysia per Kg were US$ 101.90, US$ 59.88, US$ 62.01, US$ 49.19 and US$ 55.32 respectively. For 2021, the export price was US$ 53.75 per Kg. For 2023, the predicted export price is US$ 53.75 per Kg.Malaysia Shrimps & Prawns Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shrimps & Prawns into Malaysia has seen a fluctuating trend over the last five years. In 2017, the import price was at its highest at $6.38, followed by 2018 at $7.64. However, the import price dropped significantly in 2019 to $4.59, before rising again in 2020 to $7.34. The most recent data shows that the import price has dropped to $5.90 in 2021. Looking ahead, it is likely that the import price of Shrimps & Prawns into Malaysia will remain relatively stable in the next two years. We predict that the import price for 2023 will be around $6.00 and for 2024 it will be around $6.50.Export values for Malaysia shrimps & prawns
The total values in export for shrimps & prawns in Malaysia were US$ 173,315, US$ 216,648, US$ 232,314 and US$ 286,342 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 Bass, Sea Bream, Lobster, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of shrimps & prawns in other countries across Asia: Kazakhstan shrimps & prawns, Kyrgyzstan shrimps & prawns, Tajikistan shrimps & prawns, Turkmenistan shrimps & prawns, Uzbekistan shrimps & prawns, China shrimps & prawns, Hong Kong shrimps & prawns, Macao shrimps & prawns, North Korea shrimps & prawns & Mongolia shrimps & prawns.
Malaysia shrimps & prawns - Production, Exports, Imports, Seasons and HS Codes
The quantity of shrimps & prawns exported by Malaysia in 2020 was 36,851 metric tons. In 2019 Malaysia exported 47,035 tonnes of shrimps & prawns. Across 2019 alone, the demand for Malaysia shrimps & prawns (seafood category) has surged, with a change of 25.417 per cent compared to the year 2018. Between 2017 and 2019, shrimps & prawns' exports went up by 21.12 pc bringing the country US$286.34m for the year 2019. Malaysia's shrimps & prawns exports are categorised as:
- Shrimps and prawns, even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (excluding cold-water shrimps and prawns) (HS code 030627)
- Cold-water shrimps and prawns "Pandalus spp., Crangon crangon", even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030626)
- Cold-water shrimps and prawns "Pandalus spp., Crangon crangon", whether in shell or not, live, fresh or chilled (HS code 030635)
- Shrimps and prawns, whether in shell or not, dried, salted, smoked or in brine, incl. ones in shell, cooked by steaming or by boiling in water (HS code 030695)
- Shrimps and prawns, prepared or preserved (HS code 160520)
- Shrimps and prawns, whether in shell or not, live, dried, salted or in brine, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030623)
- Shrimps & prawns, prepared or preserved (HS code 1605Xa)
- Shrimps and prawns, whether in shell or not, live, fresh or chilled (excl. cold-water shrimps and prawns "Pandalus spp., Crangon crangon") (HS code 030636)
- Shrimps and prawns, prepared or preserved, not in airtight containers (excluding smoked) (HS code 160521)
- Frozen cold-water shrimps and prawns "Pandalus spp., Crangon crangon", even smoked, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030616)
- Frozen shrimps and prawns, even smoked, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (excluding cold-water shrimps and prawns) (HS code 030617)
- Shrimps and prawns, prepared or preserved, in airtight containers (excluding smoked) (HS code 160529)
- Frozen shrimps and prawns, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030613)
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Malaysia shrimps & prawns export values
In 2019, Malaysia supplied shrimps & prawns worth 286.34m USD, a growth of 23.26% from 2018's total shrimps & prawns export of 232.314m USD. The annual change in value of Malaysia shrimps & prawns between 2017 to 2018 was 7.231 per cent.
The annual change in the quantity of Malaysia's shrimps & prawns exports between 2017 and 2019 was 21.12 pc when compared to a variation of 25.417% in the growth rate between 2018 and 2019.
Export markets for Malaysia shrimps & prawns ( in '000$ )
Malaysia bought 33,116 tonnes of shrimps & prawns in 2019.