What is the price of wine per kilogram/pound in Malaysia today?
The retail price range for Malaysia wine is between US$ 4.09 and US$ 4.39 per kilogram or between US$ 1.85 and US$ 1.99 per pound(lb). Click here to see today's exact prices of wine in Malaysia
The retail price range in Malaysian Ringgit for wine is between MYR 18.55 and MYR 19.90 per kilogram or between MYR 8.41 and MYR 9.03 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia wine is between US$ 2.86 and US$ 3.07 per kilogram or between US$ 1.30 and US$ 1.39 per pound(lb).
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Malaysia Wine Export Prices - Historical, Trends and Prediction
In 2017, the export price of Wine from Malaysia was US$ 1.42 per Kg. In 2018, the export price was US$ 1.87 per Kg. In 2019, the export price was US$ 2.23 per Kg. In 2020, the export price was US$ 1.30 per Kg. In 2021, the export price was US$ 0.96 per Kg. For 2023, the predicted export price of Wine from Malaysia is US$ 0.76 per Kg.The wine exports from Malaysia are classified as:
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Sparkling wine of fresh grapes (HS code 220410)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
Malaysia Wine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wine into Malaysia over the last five years has seen a steady decline. In 2017, the price was $4.08, followed by $6.11 in 2018, $4.99 in 2019, $5.16 in 2020 and $6.7 in 2021. This indicates a downward trend in the import price of Wine into Malaysia. It is likely that the price will continue to decrease in the coming years, with an estimated price of $4.50 for 2023 and $3.90 for 2024.Export values for Malaysia wine
The total values in export for wine in Malaysia were US$ 63,909, US$ 50,264, US$ 21,887 and US$ 29,275 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 wine in other countries across Asia: Kazakhstan wine, Kyrgyzstan wine, Tajikistan wine, Turkmenistan wine, Uzbekistan wine, China wine, Hong Kong wine, Macao wine, North Korea wine & Mongolia wine.
Malaysia wine - Production, Exports, Imports, Seasons and HS Codes
The volume of wine exported by Malaysia in 2020 was 4,283 tonnes. In 2019 Malaysia exported 6,870 tonnes of wine. Across 2019 alone, the interest in Malaysia wine (processed category) has climbed, with a change of 43.544 pc compared to the year 2018. Between 2017 and 2019, wine's exports increased by 28.05 percent bringing the nation US$29.28m for the year 2019. Malaysia's wine exports are categorised as:
- Sparkling wine of fresh grapes (HS code 220410)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
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Malaysia wine export values
In 2019, Malaysia exported wine valued at 29.28m USD, an increase of 33.78% from 2018's total wine export of 21.887m USD. The yearly growth in value of Malaysia wine between 2017 to 2018 was -56.456 percent.
The annual/yearly change in the quantity of Malaysia's wine exports between 2017 and 2019 was 28.05 pc compared to a variation of 43.544% in the period between 2018 and 2019.
Malaysia's share of the world's total wine's exports in 2019 was less than 1%. The country is ranked position 25 in world exports of wine.
Export markets for Malaysia wine ( in '000$ )
Malaysia's best performing export markets for wine are China, Thailand, Hong Kong, Singapore and Macao.
Import/Export Trends
Malaysia is a net importer of wine. The annual growth of Malaysia wine in value between 2015 to 2019 was 2%, per year, while annual growth in quantity through the same period was -13%, per annum.
Malaysia brought in 10,735 tonnes of wine in 2019.