What is the price of wheat per kilogram/pound in Malaysia today?
The retail price range for Malaysia wheat is between US$ 0.78 and US$ 1.17 per kilogram or between US$ 0.35 and US$ 0.53 per pound(lb). Click here to see today's exact prices of wheat in Malaysia
The retail price range in Malaysian Ringgit for wheat is between MYR 3.53 and MYR 5.29 per kilogram or between MYR 1.60 and MYR 2.40 per pound(lb) in Kuala Lumpur and George Town.
In 2023, the approximate wholesale price range for Malaysia wheat is between US$ 0.54 and US$ 0.82 per kilogram or between US$ 0.25 and US$ 0.37 per pound(lb).
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Malaysia Wheat Export Prices - Historical, Trends and Prediction
In the years 2014, 2015, 2016, 2017 and 2018, the export price of Wheat from Malaysia was US$ 0.06, US$ 0.06, US$ 0.04, US$ 0.02 and US$ 0.02 per Kg respectively. For 2021, the export price was US$ 0.04 per Kg. For 2023, the predicted export price of Wheat from Malaysia is US$ 0.03 per Kg.
The wheat exports from Malaysia are categorised as:
- Durum wheat (HS code 100110)
- Wheat gluten, whether or not dried (HS code 110900)
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Durum wheat seed for sowing (HS code 100111)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Wheat (excl durum) & meslin (HS code 1001Xb)
Malaysia Wheat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wheat into Malaysia over the last five years has been quite varied. In 2017, the price was 0.05 US$ per kg, which was the lowest in the last five years. This was followed by a slight increase in 2018 to 0.21 US$ per kg. In 2019, the price rose to 0.48 US$ per kg, and then further increased to 0.93 US$ per kg in 2020. The highest price in the last five years was recorded in 2021, when the import price per kilogram of Wheat into Malaysia was 1.05 US$ per kg. The price dropped to 0.00 US$ per kg in 2022. Based on the trend of the last five years, it is predicted that the import price per kilogram of Wheat into Malaysia in 2023 will be 0.45 US$ per kg, and in 2024 it will be 0.68 US$ per kg.
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Export values for Malaysia wheat
The total values in export for wheat in Malaysia were US$ 1,439, US$ 3,028, US$ 547 and US$ 269 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.