What is the price of table salt per kilogram/pound in Malaysia today?
The retail price range for Malaysia table salt is between US$ 0.20 and US$ 0.29 per kilogram or between US$ 0.09 and US$ 0.13 per pound(lb). Click here to see today's exact prices of table salt in Malaysia
The retail price range in Malaysian Ringgit for table salt is between MYR 0.89 and MYR 1.33 per kilogram or between MYR 0.40 and MYR 0.60 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia table salt is between US$ 0.14 and US$ 0.21 per kilogram or between US$ 0.06 and US$ 0.09 per pound(lb).
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Malaysia Table Salt Export Prices - Historical, Trends and Prediction
In 2021 the export price was US$1.50 per Kg. For the years 2011, 2012, 2013, 2014, and 2015 the export prices were US$0.02, US$0.01, US$0.01, US$0.01, and US$0.01 respectively. For the years 2016, 2017, 2018, 2019, 2020, and 2021 the export prices were US$0.01, US$0.01, US$0.01, US$0.02, US$0.02, and US$0.01 respectively. For 2023, the predicted export price is US$0.01 per Kg.Malaysia Table Salt Import Prices - Historical, Trends and Prediction
The import price of table salt into Malaysia over the last five years has been relatively stable. In 2017, the price was 0.13 US$ per kg, and this remained the same in 2018 and 2019. In 2020, the price increased to 0.20 US$ per kg, before dropping to 0.15 US$ per kg in 2021. The most recent data shows that the import price of table salt into Malaysia is 0.15 US$ per kg. Based on this trend, it is likely that the import price of table salt into Malaysia in 2023 will be 0.15 US$ per kg, and in 2024 will be 0.14 US$ per kg.Export values for Malaysia table salt
The total values in export for table salt in Malaysia were US$ 3,688, US$ 4,011, US$ 4,161 and US$ 3,768 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 table salt in other countries across Asia: Kazakhstan table salt, Kyrgyzstan table salt, Tajikistan table salt, Turkmenistan table salt, Uzbekistan table salt, China table salt, Hong Kong table salt, Macao table salt, North Korea table salt & Mongolia table salt.
Malaysia table salt - Production, Exports, Imports, Seasons and HS Codes
The quantity of table salt sold by Malaysia in 2020 was 35,469 metric tonnes. In 2019 Malaysia exported 28,701 tonnes of table salt. For 2019 alone, the interest in Malaysia table salt (processed category) has reduced, flactuating by -15.543 % compared to the year 2018. Between 2017 and 2019, table salt's exports decreased by -10.82% netting Malaysia US$3.77m for the year 2019. Malaysia's table salt exports are classified as:
- Salts, incl. table salt and denatured salt, and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents; sea water (HS code 250100)
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Malaysia table salt export values
In 2019, Malaysia supplied table salt valued at 3.77m USD, a drop of -9.40% from 2018's total table salt export of 4.161m USD. The yearly reduction in value of Malaysia table salt between 2017 to 2018 was 3.74 percent.
The annual change in the quantity of Malaysia's table salt exports between 2017 and 2019 was -10.82 per cent compared to a variation of -15.543% in the period between 2018 and 2019.
Malaysia's stake of the world's total table salt's exports in 2019 was 1 per cent. The country is ranked number 9 in world exports of table salt.
Export markets for Malaysia table salt ( in '000$ )
Import/Export Trends
Malaysia is a net importer of table salt. The annual growth of Malaysia table salt in value between 2015 to 2019 was 29%, per annum, while annual growth in quantity was 29%, per annum.
Malaysia ordered 578,451 tonnes of table salt in 2019.