What is the price of beeswax per kilogram/pound in Madagascar today?
The retail price range for Madagascar beeswax is between US$ 4.85 and US$ 17.45 per kilogram or between US$ 2.20 and US$ 7.91 per pound(lb). Click here to see today's exact prices of beeswax in Madagascar
The retail price range in Malagasy Ariary for beeswax is between MGA 21,444.69 and MGA 77,200.88 per kilogram or between MGA 9,725.48 and MGA 35,011.74 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar beeswax is between US$ 3.39 and US$ 12.21 per kilogram or between US$ 1.54 and US$ 5.54 per pound(lb).
Related: Kenya Beeswax prices, South Africa Beeswax prices, Malaysia Beeswax prices, Philippines Beeswax prices, India Beeswax prices, United Arab Emirates (UAE) Beeswax prices, Canada Beeswax prices, US Beeswax prices, Australia Beeswax prices, New Zealand Beeswax prices, Germany Beeswax prices, Netherlands Beeswax prices, Spain Beeswax prices, United Kingdom (UK) Beeswax prices,
Price Finder Tool
Search for prices of Madagascar beeswax and other products in different countries.
Madagascar Beeswax Export Prices - Historical, Trends and Prediction
The export price of Beeswax from Madagascar over the last five years has been quite volatile. In 2011, the price was 4.79 US$ per kg, which increased to 5.76 US$ per kg in 2012. The price then dropped to 5.90 US$ per kg in 2013, before increasing to 7.63 US$ per kg in 2014. In 2016, the price rose to 8.11 US$ per kg, before dropping to 7.83 US$ per kg in 2017. The price then decreased further to 6.95 US$ per kg in 2018, before increasing to 7.23 US$ per kg in 2020. The price then dropped to 6.22 US$ per kg in 2021, before increasing again to 7.25 US$ per kg in 2022. Based on this trend, it is predicted that the export price of Beeswax from Madagascar in 2023 will be around 7.00 US$ per kg, and in 2024 it will be around 7.30 US$ per kg.The exports of beeswax from Madagascar are classified as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
Madagascar Beeswax Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beeswax into Madagascar has seen a fluctuating trend over the last five years. In 2017, the price was at its highest at $7.83, followed by a slight decrease to $6.95 in 2018. In 2020, the price rose again to $7.23, before dropping to its lowest point of $6.22 in 2021. The most recent data shows that the price has increased to $7.25 in 2022. Looking ahead, it is likely that the import price of Beeswax into Madagascar will remain relatively stable in the next two years. We predict that the price will remain at around $7.25 in 2023 and 2024.Export values for Madagascar beeswax
The total values in export for beeswax in Madagascar were US$ 154, US$ 329 and US$ 459 in US dollar thousand for the years 2016, 2017 and 2018 in that order.
Prices of other produce in the Processed category in Madagascar: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of beeswax in other countries across Africa: Algeria beeswax, Angola beeswax, Botswana beeswax, Burundi beeswax, Cameroon beeswax, Cape Verde beeswax, Central African Republic beeswax, Comoros beeswax, DRC Congo beeswax & Benin beeswax.
Madagascar beeswax - Production, Exports, Imports, Seasons and HS Codes
The volume of beeswax exported by Madagascar in 2020 was 43 metric tons. In 2019 Madagascar sold small quantities of beeswax. In 2019 alone, the demand for Madagascar beeswax (processed category) has , recording a change of percent compared to the year 2018. Between 2017 and 2019, beeswax' exports reduced by -100% netting the nation US$0.00m for the year 2019. Madagascar's beeswax exports are categorised as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
Are you a producer of beeswax or other products?
Sign up today for FREE to buy or sell beeswax.
Madagascar beeswax export values
In 2019, Madagascar exported beeswax costing 0.00m USD, a drop of -100.00% from 2018's total beeswax export of 0.459m USD. The yearly reduction in value of Madagascar beeswax between 2017 to 2018 was 39.514 pc.
The yearly change in the volume of Madagascar's beeswax exports between 2017 and 2019 was -100% between 2018 and 2019.
Madagascar's share of the world's total beeswax' exports in 2019 was less than 1%. Madagascar is ranked position 43 in world exports of beeswax.
Export markets for Madagascar beeswax ( in '000$ )
Madagascar's best performing destinations for beeswax are Germany, France, US, Japan and Mauritius.
Import/Export Trends
Madagascar is a net exporter of beeswax. The annual growth of Madagascar beeswax in value between 2015 to 2019 was 11%, per year, while annual growth in quantity for the same period was 29%, per annum.
Madagascar purchased 0 tonnes of beeswax in 2019.