What is the price of taro (arrowroot) per kilogram/pound in Malaysia today?
The retail price range for Malaysia taro (arrowroot) is between US$ 0.43 and US$ 0.44 per kilogram or between US$ 0.20 and US$ 0.20 per pound(lb). Click here to see today's exact prices of taro (arrowroot) in Malaysia
The retail price range in Malaysian Ringgit for taro (arrowroot) is between MYR 1.97 and MYR 2.01 per kilogram or between MYR 0.89 and MYR 0.91 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia taro (arrowroot) is between US$ 0.30 and US$ 0.31 per kilogram or between US$ 0.14 and US$ 0.14 per pound(lb).
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Malaysia Taro (arrowroot) Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export prices of Taro (Arrowroot) from Malaysia per Kg were US$ 0.19, US$ 0.15, US$ 0.27, US$ 0.43 and US$ 0.50 respectively. For 2021, the export price was US$ 0.61 per Kg. For 2023, the predicted export price is US$ 0.76 per Kg.Malaysia Taro (arrowroot) Import Prices - Historical, Trends and Prediction
The import price of Taro (Arrowroot) into Malaysia has seen a steady increase over the last five years. In 2017, the price was 0.29 US$ per kg, which increased to 0.74 US$ per kg in 2018. This was followed by a further increase to 0.86 US$ per kg in 2019. However, the price dropped to 0.54 US$ per kg in 2020 and further decreased to 0.31 US$ per kg in 2021. Based on the current trend, it is predicted that the import price of Taro (Arrowroot) into Malaysia will be 0.25 US$ per kg in 2023 and 0.20 US$ per kg in 2024.Export values for Malaysia taro (arrowroot)
The total values in export for taro (arrowroot) in Malaysia were US$ 192, US$ 184, US$ 153 and US$ 252 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in Malaysia: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Licorice roots, Ginseng roots, Chicory roots & Cocoyam.
See prices of taro (arrowroot) in other countries across Asia: Kazakhstan taro (arrowroot), Kyrgyzstan taro (arrowroot), Tajikistan taro (arrowroot), Turkmenistan taro (arrowroot), Uzbekistan taro (arrowroot), China taro (arrowroot), Hong Kong taro (arrowroot), Macao taro (arrowroot), North Korea taro (arrowroot) & Mongolia taro (arrowroot).
Malaysia taro (arrowroot) - Production, Exports, Imports, Seasons and HS Codes
The amount of taro (arrowroot) shipped by Malaysia in 2020 was 924 tonnes. In 2019 Malaysia sold 542 tonnes of taro (arrowroot). Across 2019 alone, the market for Malaysia taro (arrowroot) (tubers category) has climbed, changing by 59.882 per cent compared to the year 2018. Between 2017 and 2019, taro (arrowroot)'s exports increased by 3.44 pc bringing Malaysia US$0.25m for the year 2019. Malaysia's taro (arrowroot) exports are classified as:
- Arrowroot, salep, Jerusalem artichokes and similar roots and tubers with high starch or inulin content, fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets, and sago pith (excluding manioc "cassava", sweet potatoes, yams, taro and yautia) (HS code 071490)
- Taro "Colocasia spp.", fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets (HS code 071440)
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Malaysia taro (arrowroot) export values
In 2019, Malaysia exported taro (arrowroot) worth 0.25m USD, a surge of 63.40% from 2018's total taro (arrowroot) export of 0.153m USD. The annual change in value of Malaysia taro (arrowroot) between 2017 to 2018 was -16.848%.
The yearly change in the amount of Malaysia's taro (arrowroot) exports between 2017 and 2019 was 3.44 percent in comparison to a variation of 59.882% in the period between 2018 and 2019.
Malaysia's portion of the world's total taro (arrowroot)'s exports in 2019 was less than 1%. The country holds number 42 in world exports of taro (arrowroot).
Export markets for Malaysia taro (arrowroot) ( in '000$ )
Import/Export Trends
Malaysia is a net importer of taro (arrowroot). The annual growth of Malaysia taro (arrowroot) in value between 2015 to 2019 was 37%, per year, while annual growth in quantity for the same period was 14%, per annum.
Malaysia ordered 16,950 tonnes of taro (arrowroot) in 2019.