What is the price of crabs per kilogram/pound in Madagascar today?
The retail price range for Madagascar crabs is between US$ 17.15 and US$ 90.53 per kilogram or between US$ 7.78 and US$ 41.05 per pound(lb). Click here to see today's exact prices of crabs in Madagascar
The retail price range in Malagasy Ariary for crabs is between MGA 75,894.69 and MGA 400,555.31 per kilogram or between MGA 34,419.36 and MGA 181,657.74 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar crabs is between US$ 12.01 and US$ 63.37 per kilogram or between US$ 5.45 and US$ 28.74 per pound(lb).
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Madagascar Crabs Export Prices - Historical, Trends and Prediction
The export price per kilogram of Crabs from Madagascar over the last five years has seen a steady decline. In 2017, the price was 4.66 US $ per kg, which dropped to 3.25 US $ per kg in 2018. The price then decreased further to 3.04 US $ per kg in 2019 and 2.7 US $ per kg in 2020. The lowest price was recorded in 2021, at 2.22 US $ per kg, before increasing slightly to 3.17 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Crabs from Madagascar in 2023 will be around 2.67 US $ per kg and in 2024 will be around 2.17 US $ per kg.Madagascar Crabs Import Prices - Historical, Trends and Prediction
The import price per kilogram of Crabs into Madagascar over the last five years has seen a steady decline. In 2017, the price was 4.66 US $ per kg, followed by 3.25 US $ per kg in 2018. In 2019, the price dropped to 3.04 US $ per kg and further to 2.7 US $ per kg in 2020. The lowest price was recorded in 2021, at 2.22 US $ per kg. This year, the price has increased slightly to 2.17 US $ per kg. Looking ahead, it is likely that the import price per kilogram of Crabs into Madagascar will remain relatively stable in the next two years. We predict that the price in 2023 will be around 2.90 US $ per kg and in 2024, it will be around 3.10 US $ per kg.Export values for Madagascar crabs
The total values in export for crabs in Madagascar were US$ 10,485, US$ 10,470, US$ 9,776 and US$ 7,365 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Madagascar: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of crabs in other countries across Africa: Algeria crabs, Angola crabs, Botswana crabs, Burundi crabs, Cameroon crabs, Cape Verde crabs, Central African Republic crabs, Comoros crabs, DRC Congo crabs & Benin crabs.
Madagascar crabs - Production, Exports, Imports, Seasons and HS Codes
The volume of crabs sold by Madagascar in 2020 was 2,375 tons. In 2019 Madagascar sold 2,422 tonnes of crabs. Across 2019 alone, the interest in Madagascar crabs (seafood category) has gone down, changing by -19.508 per cent compared to the year 2018. Between 2017 and 2019, crabs' exports went up by 7.84 pc bringing the exporter US$7.36m for the year 2019. Madagascar's crabs exports are categorised as:
- Frozen crabs, even smoked, whether in shell or not, incl. crabs in shell, cooked by steaming or by boiling in water (HS code 030614)
- Crabs, whether in shell or not, dried, salted, smoked or in brine, incl. crabs in shell, cooked by steaming or by boiling in water (HS code 030693)
- Crabs, even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. crabs in shell, cooked by steaming or by boiling in water (HS code 030624)
- Crabs, whether in shell or not, live, fresh or chilled (HS code 030633)
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Madagascar crabs export values
In 2019, Madagascar sold crabs costing 7.36m USD, a decrease of -24.71% from 2018's total crabs export of 9.776m USD. The annual change in value of Madagascar crabs between 2017 to 2018 was -6.628 per cent.
The per year change in the volume of Madagascar's crabs exports between 2017 and 2019 was 7.84% in comparison to a variation of -19.508% in the period between 2018 and 2019.
Export markets for Madagascar crabs ( in '000$ )
Madagascar ordered 0 tonnes of crabs in 2019.