What is the price of beef per kilogram/pound in Madagascar today?
The retail price range for Madagascar beef is between US$ 3.85 and US$ 4.81 per kilogram or between US$ 1.74 and US$ 2.18 per pound(lb). Click here to see today's exact prices of beef in Madagascar
The retail price range in Malagasy Ariary for beef is between MGA 17,024.78 and MGA 21,280.97 per kilogram or between MGA 7,720.99 and MGA 9,651.24 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar beef is between US$ 2.69 and US$ 3.37 per kilogram or between US$ 1.22 and US$ 1.53 per pound(lb).
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Madagascar Beef Export Prices - Historical, Trends and Prediction
The export price of Beef from Madagascar over the last five years has seen a significant fluctuation. In 2013, the export price per kilogram was 0.10 US dollars, which increased to 1.42 US dollars in 2014. This was followed by a slight increase to 1.49 US dollars in 2015. However, in 2016, the export price dropped to 1.43 US dollars and then further decreased to 0.67 US dollars in 2017. The export price per kilogram of Beef from Madagascar has seen a slight increase in 2018, reaching 0.75 US dollars. Based on this data, it is predicted that the export price of Beef from Madagascar in 2023 will be around 0.90 US dollars per kilogram, and in 2024 it will be around 1.00 US dollars per kilogram.The Madagascar beef exports are categorised as:
- Frozen edible bovine livers (HS code 020622)
- Frozen edible bovine tongues (HS code 020621)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
Madagascar Beef Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beef into Madagascar over the last five years has seen a significant fluctuation. In 2013, the price was 0.10 US dollars per kg, which increased to 1.42 US dollars per kg in 2014. This was followed by a slight increase to 1.49 US dollars per kg in 2015. However, in 2016, the price dropped to 1.43 US dollars per kg. The price then decreased further to 0.67 US dollars per kg in 2017 and 0.75 US dollars per kg in 2018. Based on this data, it is predicted that the import price per kilogram of Beef into Madagascar in 2023 will be 0.90 US dollars per kg and in 2024 will be 0.95 US dollars per kg.Export values for Madagascar beef
The total values in export for beef in Madagascar were US$ 318, US$ 164 and US$ 96 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Madagascar: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of beef in other countries across Africa: Algeria beef, Angola beef, Botswana beef, Burundi beef, Cameroon beef, Cape Verde beef, Central African Republic beef, Comoros beef, DRC Congo beef & Benin beef.
Madagascar beef - Production, Exports, Imports, Seasons and HS Codes
In 2019 Madagascar exported 109 tonnes of beef. Through 2019 alone, the interest in Madagascar beef (meat category) has reduced, recording a change of -40.11 % compared to the year 2018. Between 2017 and 2019, beef's exports decreased by -56.22 percent bringing the country US$0.10m for the year 2019. Madagascar's beef exports are categorised as:
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Frozen edible bovine livers (HS code 020622)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine tongues (HS code 020621)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Fresh or chilled bovine meat, boneless (HS code 020130)
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Madagascar beef export values
In 2019, Madagascar exported beef costing 0.10m USD, a reduction of -39.02% from 2018's total beef export of 0.164m USD. The annual change in value of Madagascar beef between 2017 to 2018 was -48.428%.
The yearly variation in the volume of Madagascar's beef exports between 2017 and 2019 was -56.22 per cent when compared to a variation of -40.11% in the growth rate between 2018 and 2019.
Export markets for Madagascar beef ( in '000$ )
Madagascar's leading export markets for beef are France, Pakistan, Vietnam and Hong Kong.
Madagascar bought 0 tonnes of beef in 2019.