What is the price of crustaceans per kilogram/pound in Madagascar today?
The retail price range for Madagascar crustaceans is between US$ 0.96 and US$ 2.87 per kilogram or between US$ 0.43 and US$ 1.30 per pound(lb). Click here to see today's exact prices of crustaceans in Madagascar
The retail price range in Malagasy Ariary for crustaceans is between MGA 4,237.17 and MGA 12,711.50 per kilogram or between MGA 1,921.62 and MGA 5,764.85 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar crustaceans is between US$ 0.67 and US$ 2.01 per kilogram or between US$ 0.30 and US$ 0.91 per pound(lb).
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Madagascar Crustaceans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Crustaceans from Madagascar over the last five years has been quite varied. In 2017, the price was 8.17 US$/kg, followed by a sharp drop to 4.21 US$/kg in 2018. Prices then increased to 6.88 US$/kg in 2019 and 8.17 US$/kg in 2020. The highest price was seen in 2021, at 11.91 US$/kg. The most recent data shows a slight decrease to 8.36 US$/kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Crustaceans from Madagascar in 2023 will be around 7.50 US$/kg and in 2024 will be around 8.00 US$/kg.Madagascar Crustaceans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Crustaceans into Madagascar has seen a fluctuating trend over the last five years. In 2017, the price was 8.17 US$ per kg, followed by a decrease to 4.21 US$ per kg in 2018. The price then increased to 6.88 US$ per kg in 2019 and 8.17 US$ per kg in 2020. The highest price was recorded in 2021, at 11.91 US$ per kg. The most recent data shows that the price has decreased to 8.36 US$ per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Crustaceans into Madagascar will remain steady in 2023, at 8.36 US$ per kg. In 2024, the price is expected to increase slightly to 8.50 US$ per kg.Export values for Madagascar crustaceans
The total values in export for crustaceans in Madagascar were US$ 382, US$ 147, US$ 244 and US$ 220 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, Crabs, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of crustaceans in other countries across Africa: Algeria crustaceans, Angola crustaceans, Botswana crustaceans, Burundi crustaceans, Cameroon crustaceans, Cape Verde crustaceans, Central African Republic crustaceans, Comoros crustaceans, DRC Congo crustaceans & Benin crustaceans.
Madagascar crustaceans - Production, Exports, Imports, Seasons and HS Codes
The volume of crustaceans sold by Madagascar in 2020 was 17 tons. In 2019 Madagascar exported 32 tonnes of crustaceans. For 2019 alone, the interest in Madagascar crustaceans (seafood category) has shrunk, with a change of -44.828 % compared to the year 2018. Between 2017 and 2019, crustaceans' exports went up by 77.78% netting the country US$0.22m for the year 2019. Madagascar's crustaceans exports are classified as:
- Crustaceans, fit for human consumption, whether in shell or not, live, fresh or chilled (excl. rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); flours, meals and pellets of crustaceans, fit for human consumption, fresh or chilled (HS code 030639)
- Crustaceans, prepared or preserved (excluding smoked, crabs, shrimps, prawns and lobster) (HS code 160540)
- Crustaceans, even smoked, fit for human consumption, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. crustaceans in shell, cooked by steaming or by boiling in water (excluding rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); flours, meals and pellets of crustaceans, even smoked, fit for human consumption (HS code 030629)
- Frozen crustaceans, even smoked, fit for human consumption, whether in shell or not, incl. crustaceans in shell, cooked beforehand by steaming or by boiling in water (excluding rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); frozen flours, meals, and pellets of crustaceans, even smoked, fit for human consumption (HS code 030619)
- Crustaceans, fit for human consumption, whether in shell or not, dried, salted, smoked or in brine, incl. crustaceans in shell, cooked by steaming or by boiling in water (excl. rock lobster and other sea crawfish, lobsters, crabs, Norway lobsters, shrimps and prawns); flours, meals and pellets of crustaceans, dried, salted, smoked or in brine, fit for human consumption (HS code 030699)
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Madagascar crustaceans export values
In 2019, Madagascar exported crustaceans valued at 0.22m USD, a drop of -9.84% from 2018's total crustaceans export of 0.244m USD. The annual reduction in value of Madagascar crustaceans between 2017 to 2018 was 65.986 percent.
The yearly variation in the volume of Madagascar's crustaceans exports between 2017 and 2019 was 77.78% compared to a variation of -44.828% in the period between 2018 and 2019.
Madagascar's stake of the world's total crustaceans' exports in 2019 was less than 1%. Madagascar is ranked position 71 in world exports of crustaceans.
Export markets for Madagascar crustaceans ( in '000$ )
Import/Export Trends
Madagascar is a net exporter of crustaceans. The annual growth of Madagascar crustaceans in value between 2015 to 2019 was -29%, per year, while annual growth in quantity was %, per annum.
Madagascar procured 0 tonnes of crustaceans in 2019.