What is the price of leather per kilogram/pound in Malaysia today, December 1st?
The retail price range for Malaysia leather is between US$ 9 and US$ 10 per kilogram or between US$ 4.08 and US$ 4.54 per pound(lb). Click here to see today's exact prices of leather in Malaysia
The retail price range in Malaysian Ringgit for leather is between MYR 40.84 and MYR 45.37 per kilogram or between MYR 18.52 and MYR 20.58 per pound(lb) in Kuala Lumpur and George Town.
In 2023, the approximate wholesale price range for Malaysia leather is between US$ 6.93 and US$ 7 per kilogram or between US$ 3.14 and US$ 3.17 per pound(lb).
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Malaysia Leather Export Prices - Historical, Trends and Prediction
In 2016, the export price was 403.63 per Kg. In 2017, the export price was 554.61 per Kg. In 2018, the export price was 641.35 per Kg. In 2019, the export price was 563.28 per Kg. In 2020, the export price was 818.36 per Kg. For 2021, the export price is estimated to be 631.44 per Kg. For 2023, the export price is predicted to be around 745.00 per Kg.
Malaysia Leather Import Prices - Historical, Trends and Prediction
The import price per kilogram of leather into Malaysia has seen a significant fluctuation over the past five years. In 2017, the price was 12.53 US dollars per kg, followed by a sharp increase to 16.93 US dollars per kg in 2018. This was the highest price in the past five years. In 2019, the price dropped to 33.72 US dollars per kg, before declining further to 9.21 US dollars per kg in 2020. The price has remained relatively stable in 2021 and 2022, at 9.25 and 0.00 US dollars per kg respectively.
Looking ahead, it is likely that the import price per kilogram of leather into Malaysia will remain relatively stable in the next two years. We predict that the price in 2023 will be around 9.25 US dollars per kg, and in 2024 it will be around 0.00 US dollars per kg.
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Export values for Malaysia leather
The total values in export for leather in Malaysia were US$ 12,788, US$ 20,398, US$ 17,822 and US$ 15,645 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.