What is the price of seaweed per kilogram/pound in Malaysia today?
The retail price range for Malaysia seaweed is between US$ 2.23 and US$ 2.53 per kilogram or between US$ 1.01 and US$ 1.15 per pound(lb). Click here to see today's exact prices of seaweed in Malaysia
The retail price range in Malaysian Ringgit for seaweed is between MYR 10.12 and MYR 11.47 per kilogram or between MYR 4.59 and MYR 5.20 per pound(lb) in Kuala Lumpur and George Town.
In 2023, the approximate wholesale price range for Malaysia seaweed is between US$ 1.56 and US$ 1.77 per kilogram or between US$ 0.71 and US$ 0.80 per pound(lb).
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Malaysia Seaweed Export Prices - Historical, Trends and Prediction
In 2016, the export price was 1.57 US$ per Kg, in 2017 it was 1.18 US$ per Kg, in 2018 it was 1.75 US$ per Kg, in 2019 it was 1.61 US$ per Kg and in 2020 it was 1.01 US$ per Kg. For 2023, the predicted export price is 0.51 US$ per Kg.
Malaysia Seaweed Import Prices - Historical, Trends and Prediction
The import price of Seaweed into Malaysia over the last five years has been quite varied. In 2017, the price was 0.96 US$ per kg, followed by a significant increase to 3.64 US$ per kg in 2018. This was followed by a decrease to 2.39 US$ per kg in 2019 and then a further decrease to 1.62 US$ per kg in 2020. The price then increased slightly to 1.46 US$ per kg in 2021. Overall, the import price of Seaweed into Malaysia has seen a slight decrease over the last five years. Based on this trend, it is predicted that the import price of Seaweed into Malaysia in 2023 will be 1.30 US$ per kg and in 2024 will be 1.14 US$ per kg.
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Export values for Malaysia seaweed
The total values in export for seaweed in Malaysia were US$ 1,784, US$ 2,917, US$ 2,562 and US$ 4,008 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.