What is the price of whey per kilogram/pound in Malaysia today?
The retail price range for Malaysia whey is between US$ 1.97 and US$ 2.37 per kilogram or between US$ 0.90 and US$ 1.08 per pound(lb). Click here to see today's exact prices of whey in Malaysia
The retail price range in Malaysian Ringgit for whey is between MYR 8.96 and MYR 10.77 per kilogram or between MYR 4.06 and MYR 4.89 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia whey is between US$ 1.38 and US$ 1.66 per kilogram or between US$ 0.63 and US$ 0.75 per pound(lb).
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Malaysia Whey Export Prices - Historical, Trends and Prediction
In the years 2014, 2015, 2016, 2017 and 2018, the export prices of Whey from Malaysia per Kg were US$ 0.22, US$ 0.34, US$ 0.07, US$ 0.04 and US$ 0.11 respectively. In 2021 the export price was US$ 0.08 per Kg. For 2023, the predicted export price is US$ 0.08 per Kg.The exports of whey from Malaysia are classified as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
Malaysia Whey Import Prices - Historical, Trends and Prediction
The import price per kilogram of Whey into Malaysia over the last five years has been quite volatile. In 2017, the price was 1.27 US$ per kg, which was followed by a sharp increase to 4.71 US$ per kg in 2018. However, the price dropped to 0.75 US$ per kg in 2020, before rising again to 2.73 US$ per kg in 2021. Based on the current trend, it is likely that the import price of Whey into Malaysia will remain around the 2.73 US$ per kg mark in 2023 and 2024.Export values for Malaysia whey
The total values in export for whey in Malaysia were US$ 8,723, US$ 1,982, US$ 1,181 and US$ 2,751 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, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of whey in other countries across Asia: Kazakhstan whey, Kyrgyzstan whey, Tajikistan whey, Turkmenistan whey, Uzbekistan whey, China whey, Hong Kong whey, Macao whey, North Korea whey & Mongolia whey.
Malaysia whey - Production, Exports, Imports, Seasons and HS Codes
The amount of whey shipped by Malaysia in 2020 was 1,856 metric tons. In 2019 Malaysia exported 1,132 tonnes of whey. For 2019 alone, the interest in Malaysia whey (processed category) has improved, with a change of 93.836 % compared to the year 2018. Between 2017 and 2019, whey's exports grew by 21.98 percent earning Malaysia US$2.75m for the year 2019. Malaysia's whey exports are categorised as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
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Malaysia whey export values
In 2019, Malaysia shipped whey worth 2.75m USD, an improvement of 132.85% from 2018's total whey export of 1.181m USD. The annual change in value of Malaysia whey between 2017 to 2018 was -40.414 per cent.
The yearly change in the amount of Malaysia's whey exports between 2017 and 2019 was 21.98 pc in comparison to a variation of 93.836% in the period between 2018 and 2019.
Malaysia's share of the world's total whey's exports in 2019 was less than 1%. The country holds position 39 in world exports of whey.
Export markets for Malaysia whey ( in '000$ )
Malaysia's best performing export markets for whey are Thailand, Indonesia, Singapore, Bangladesh and China.
Import/Export Trends
Malaysia is a net importer of whey. The annual growth of Malaysia whey in value between 2015 to 2019 was 95%, per year, while annual growth in quantity through the same period was 140%, per annum.
Malaysia bought 84,144 tonnes of whey in 2019.