What is the price of cashew nuts per kilogram/pound in Malaysia today, December 2nd?
The retail price range for Malaysia cashew nuts is between US$ 4.05 and US$ 8.16 per kilogram or between US$ 1.84 and US$ 3.7 per pound(lb). Click here to see today's exact prices of cashew nuts in Malaysia
The retail price range in Malaysian Ringgit for cashew nuts is between MYR 18.39 and MYR 37.04 per kilogram or between MYR 8.34 and MYR 16.8 per pound(lb) in Kuala Lumpur and George Town.
In 2023, the approximate wholesale price range for Malaysia cashew nuts is between US$ 2.84 and US$ 5.71 per kilogram or between US$ 1.29 and US$ 2.59 per pound(lb).
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Malaysia Cashew Nuts Export Prices - Historical, Trends and Prediction
In 2016, 2017, 2018, 2019 and 2020 the export prices of Cashew Nuts from Malaysia per Kg were US$ 1.27, US$ 0.33, US$ 0.05, US$ 0.02 and US$ 0.14 respectively. For 2021, the export price was US$ 0.01 per Kg. For 2023, the predicted export price is US$ 0.09 per Kg.
The Malaysia cashew nuts exports are categorised as:
- Fresh or dried cashew nuts, shelled (HS code 080132)
- Fresh or dried cashew nuts, in shell (HS code 080131)
Malaysia Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cashew Nuts into Malaysia over the last five years has been quite volatile. In 2016, the price was 33.30 US dollars per kg, followed by a sharp increase to 125.88 US dollars per kg in 2015. This was followed by a significant drop to 1.93 US dollars per kg in 2014. In 2017, the price dropped further to 2.39 US dollars per kg, and then to 1.03 US dollars per kg in 2018. The price then increased to 1.87 US dollars per kg in 2019, and then to 18.40 US dollars per kg in 2020. The most recent data shows that the price has dropped to 0.14 US dollars per kg in 2021.
Based on the data, it is likely that the import price per kilogram of Cashew Nuts into Malaysia will remain relatively low in the next two years. We predict that the price will remain at 0.14 US dollars per kg in 2023, and then increase slightly to 0.20 US dollars per kg in 2024.
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Export values for Malaysia cashew nuts
The total values in export for cashew nuts in Malaysia were US$ 1,007, US$ 5,495, US$ 1,540 and US$ 188 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.