What is the price of malt extract per kilogram/pound in US today?
The retail price range for US malt extract is between US$ 15.35 and US$ 24.94 per kilogram or between US$ 6.96 and US$ 11.31 per pound(lb). Click here to see today's exact prices of malt extract in US
The retail price range in Euro for malt extract is between EUR 14.08 and EUR 22.88 per kilogram or between EUR 6.38 and EUR 10.38 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US malt extract is between US$ 10.74 and US$ 17.46 per kilogram or between US$ 4.87 and US$ 7.92 per pound(lb).
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US Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from the US over the last five years has seen a steady increase. In 2017, the price was 1.68 US dollars per kg, and by 2021, it had risen to 1.90 US dollars per kg. This represents an increase of 13.1% over the five-year period. Looking ahead, we can predict that the export price of Malt Extract will continue to rise, reaching 2.16 US dollars per kg in 2022. We can also predict that the price will continue to rise in 2023 and 2024, reaching 2.32 US dollars per kg and 2.48 US dollars per kg respectively.The malt extract exports from US are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
US Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into the US over the last five years has been relatively stable. In 2017, the price was $1.68, and this increased to $1.77 in 2018. In 2019, the price rose to $1.82, and then to $1.87 in 2020. The most recent data shows that the price was $1.90 in 2021. Based on this trend, it is predicted that the import price per kilogram of Malt Extract into the US will be $2.20 in 2023 and $2.25 in 2024.Export values for US malt extract
The total values in export for malt extract in US were US$ 308,520, US$ 327,296, US$ 295,593 and US$ 308,242 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of malt extract in other countries across North America: Canada malt extract, US malt extract, Anguilla malt extract, Antigua and Barbuda malt extract, Bermuda malt extract, Bonaire, Sint Eustatius and Saba malt extract, St.Pierre and Miquelon malt extract, United States Minor Outlying Islands malt extract, Cayman Islands malt extract & Greenland malt extract.
US malt extract - Production, Exports, Imports, Seasons and HS Codes
The quantity of malt extract exported by US in 2020 was 181,286 tons. In 2019 US exported 168,574 tonnes of malt extract. Through 2019 alone, the interest in US malt extract (processed category) has climbed, recording a change of 0.00059321 pc compared to the year 2018. Between 2017 and 2019, malt extract's exports went down by -13.64 pc netting the exporter US$308.24m for the year 2019. US' malt extract exports are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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US malt extract export values
In 2019, US supplied malt extract with a value of 308.24m USD, an increment of 4.28% from 2018's total malt extract export of 295.593m USD. The annual change in value of US malt extract between 2017 to 2018 was -9.686%.
The yearly variation in the volume of US' malt extract exports between 2017 and 2019 was -13.64% compared to a variation of 0.00059321% in the period between 2018 and 2019.
US' stake of the world's total malt extract's exports in 2019 was less than 1%. The country holds number 13 in world exports of malt extract.
Export markets for US malt extract ( in '000$ )
US' best performing export markets for malt extract are Canada, Nigeria, Mexico, Ethiopia and Djibouti.
Import/Export Trends
US is a net importer of malt extract. The annual growth of US malt extract in value between 2015 to 2019 was 3%, per annum, while annual growth in quantity for the same period was 22%, per annum.
US brought in 180,987 tonnes of malt extract in 2019.