What is the price of wheat per kilogram/pound in Malaysia today?
The retail price range for Malaysia wheat is between US$ 0.78 and US$ 1.17 per kilogram or between US$ 0.35 and US$ 0.53 per pound(lb). Click here to see today's exact prices of wheat in Malaysia
The retail price range in Malaysian Ringgit for wheat is between MYR 3.53 and MYR 5.29 per kilogram or between MYR 1.60 and MYR 2.40 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia wheat is between US$ 0.54 and US$ 0.82 per kilogram or between US$ 0.25 and US$ 0.37 per pound(lb).
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Malaysia Wheat Export Prices - Historical, Trends and Prediction
In the years 2014, 2015, 2016, 2017 and 2018, the export price of Wheat from Malaysia was US$ 0.06, US$ 0.06, US$ 0.04, US$ 0.02 and US$ 0.02 per Kg respectively. For 2021, the export price was US$ 0.04 per Kg. For 2023, the predicted export price of Wheat from Malaysia is US$ 0.03 per Kg.The wheat exports from Malaysia are categorised as:
- Durum wheat (HS code 100110)
- Wheat gluten, whether or not dried (HS code 110900)
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Durum wheat seed for sowing (HS code 100111)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Wheat (excl durum) & meslin (HS code 1001Xb)
Malaysia Wheat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wheat into Malaysia over the last five years has been quite varied. In 2017, the price was 0.05 US$ per kg, which was the lowest in the last five years. This was followed by a slight increase in 2018 to 0.21 US$ per kg. In 2019, the price rose to 0.48 US$ per kg, and then further increased to 0.93 US$ per kg in 2020. The highest price in the last five years was recorded in 2021, when the import price per kilogram of Wheat into Malaysia was 1.05 US$ per kg. The price dropped to 0.00 US$ per kg in 2022. Based on the trend of the last five years, it is predicted that the import price per kilogram of Wheat into Malaysia in 2023 will be 0.45 US$ per kg, and in 2024 it will be 0.68 US$ per kg.Export values for Malaysia wheat
The total values in export for wheat in Malaysia were US$ 1,439, US$ 3,028, US$ 547 and US$ 269 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Malaysia: Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of wheat in other countries across Asia: Kazakhstan wheat, Kyrgyzstan wheat, Tajikistan wheat, Turkmenistan wheat, Uzbekistan wheat, China wheat, Hong Kong wheat, Macao wheat, North Korea wheat & Mongolia wheat.
Malaysia wheat - Production, Exports, Imports, Seasons and HS Codes
The volume of wheat exported by Malaysia in 2020 was 414 tonnes. In 2019 Malaysia sold 503 tonnes of wheat. For 2019 alone, the market for Malaysia wheat (cereals/grains category) has shrunk, recording a change of -60.856 pc compared to the year 2018. Between 2017 and 2019, wheat's exports went down by -95.28% bringing Malaysia US$0.27m for the year 2019. Malaysia's wheat exports are classified as:
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Wheat (excl durum) & meslin (HS code 1001Xb)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Durum wheat (HS code 100110)
- Durum wheat seed for sowing (HS code 100111)
- Wheat gluten, whether or not dried (HS code 110900)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
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Malaysia wheat export values
In 2019, Malaysia supplied wheat worth 0.27m USD, a reduction of -50.64% from 2018's total wheat export of 0.547m USD. The yearly reduction in value of Malaysia wheat between 2017 to 2018 was -81.935 per cent.
The per year variation in the amount of Malaysia's wheat exports between 2017 and 2019 was -95.28 pc in comparison to a variation of -60.856% in the period between 2018 and 2019.
Malaysia's portion of the world's total wheat's exports in 2019 was less than 1%. The country holds position 21 in world exports of wheat.
Export markets for Malaysia wheat ( in '000$ )
Malaysia's best performing export markets for wheat are Singapore, Brazil, France, Estonia and Solomon Islands.
Import/Export Trends
Malaysia is a net exporter of wheat. The annual growth of Malaysia wheat in value between 2015 to 2019 was -55%, per annum, while annual growth in quantity during the same period was -51%, per annum.
Malaysia bought 1,391,339 tonnes of wheat in 2019.