What is the price of sugar per kilogram/pound in Malaysia today?
The retail price range for Malaysia sugar is between US$ 0.38 and US$ 0.41 per kilogram or between US$ 0.17 and US$ 0.19 per pound(lb). Click here to see today's exact prices of sugar in Malaysia
The retail price range in Malaysian Ringgit for sugar is between MYR 1.73 and MYR 1.86 per kilogram or between MYR 0.78 and MYR 0.85 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia sugar is between US$ 0.27 and US$ 0.29 per kilogram or between US$ 0.12 and US$ 0.13 per pound(lb).
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Malaysia Sugar Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of Sugar from Malaysia per Kg were US$ 1.40, US$ 1.14, US$ 0.63, US$ 0.91 and US$ 1.08 respectively. For 2021, the export price was US$ 1.11 per Kg. For 2023, the predicted export price is US$ 1.11 per Kg.The Malaysia sugar exports are categorised as:
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
Malaysia Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Malaysia over the last five years has been quite volatile. In 2011, the price was 0.61 US dollars per kg, which increased to 0.66 US dollars per kg in 2012. However, the price dropped to 0.47 US dollars per kg in 2013 and further decreased to 0.39 US dollars per kg in 2014. The price then increased to 0.46 US dollars per kg in 2015 before dropping to 0.31 US dollars per kg in 2016. The price then increased to 0.32 US dollars per kg in 2017 and 0.37 US dollars per kg in 2018. In 2019, the price spiked to 1.05 US dollars per kg before dropping to 0.6 US dollars per kg in 2020. The price then decreased to 0.49 US dollars per kg in 2021. Based on this trend, it is likely that the import price per kilogram of sugar into Malaysia in 2023 will be around 0.45 US dollars per kg and 0.41 US dollars per kg in 2024.Export values for Malaysia sugar
The total values in export for sugar in Malaysia were US$ 108,948, US$ 76,438, US$ 49,380 and US$ 43,012 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 sugar in other countries across Asia: Kazakhstan sugar, Kyrgyzstan sugar, Tajikistan sugar, Turkmenistan sugar, Uzbekistan sugar, China sugar, Hong Kong sugar, Macao sugar, North Korea sugar & Mongolia sugar.
Malaysia sugar - Production, Exports, Imports, Seasons and HS Codes
The amount of sugar shipped by Malaysia in 2020 was 254,132 tonnes. In 2019 Malaysia sold 102,619 tonnes of sugar. For the year 2019 alone, the demand for Malaysia sugar (processed category) has shrunk, recording a change of -11.017 percent compared to the year 2018. Between 2017 and 2019, sugar's exports reduced by -33.6 pc netting the country US$43.01m for the year 2019. Malaysia's sugar exports are categorised as:
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
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Malaysia sugar export values
In 2019, Malaysia supplied sugar valued at 43.01m USD, a reduction of -12.90% from 2018's total sugar export of 49.38m USD. The yearly reduction in value of Malaysia sugar between 2017 to 2018 was -35.399 per cent.
The annual variation in the amount of Malaysia's sugar exports between 2017 and 2019 was -33.6% in comparison to a variation of -11.017% in the period between 2018 and 2019.
Export markets for Malaysia sugar ( in '000$ )
Malaysia's leading destinations for sugar are China, Indonesia, Vietnam, South Korea and Thailand.
Malaysia ordered 1,880,692 tonnes of sugar in 2019.