What is the price of cuttlefish & squid per kilogram/pound in Madagascar today?
The retail price range for Madagascar cuttlefish & squid is between US$ 3.82 and US$ 5.73 per kilogram or between US$ 1.73 and US$ 2.60 per pound(lb). Click here to see today's exact prices of cuttlefish & squid in Madagascar
The retail price range in Malagasy Ariary for cuttlefish & squid is between MGA 16,897.35 and MGA 25,346.02 per kilogram or between MGA 7,663.20 and MGA 11,494.79 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar cuttlefish & squid is between US$ 2.67 and US$ 4.01 per kilogram or between US$ 1.21 and US$ 1.82 per pound(lb).
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Madagascar Cuttlefish & Squid Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cuttlefish & Squid from Madagascar has seen a steady increase over the last five years. In 2017, the price was 4.34 US $ per kg, and in 2021, it had risen to 5.56 US $ per kg. The highest price was seen in 2022, when it was 5.92 US $ per kg. The price in 2020 was 4.77 US $ per kg, and in 2019, it was 4.28 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Cuttlefish & Squid from Madagascar in 2023 will be 6.30 US $ per kg, and in 2024, it will be 6.68 US $ per kg.Madagascar Cuttlefish & Squid Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cuttlefish & Squid into Madagascar over the last five years has been quite volatile. In 2016, the price was 3.94 US dollars per kg, which was a slight decrease from the previous year. In 2017, the price increased to 4.34 US dollars per kg, and then in 2018, it rose to 5.2 US dollars per kg. However, in 2019, the price dropped to 4.28 US dollars per kg, and then in 2020, it rose again to 4.77 US dollars per kg. Finally, in 2021, the price increased to 5.56 US dollars per kg, and in 2022, it rose to 5.92 US dollars per kg. Based on this trend, it is likely that the price of Cuttlefish & Squid into Madagascar will continue to increase in the next two years, with an estimated price of 6.30 US dollars per kg in 2023 and 6.68 US dollars per kg in 2024.Export values for Madagascar cuttlefish & squid
The total values in export for cuttlefish & squid in Madagascar were US$ 205, US$ 126, US$ 369 and US$ 154 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, Crustaceans, Oysters, Scallops, Blue Mussel & Octopus.
See prices of cuttlefish & squid in other countries across Africa: Algeria cuttlefish & squid, Angola cuttlefish & squid, Botswana cuttlefish & squid, Burundi cuttlefish & squid, Cameroon cuttlefish & squid, Cape Verde cuttlefish & squid, Central African Republic cuttlefish & squid, Comoros cuttlefish & squid, DRC Congo cuttlefish & squid & Benin cuttlefish & squid.
Madagascar cuttlefish & squid - Production, Exports, Imports, Seasons and HS Codes
The volume of cuttlefish & squid exported by Madagascar in 2020 was 38 tonnes. In 2019 Madagascar shipped 36 tonnes of cuttlefish & squid. For the year 2019 alone, the market for Madagascar cuttlefish & squid (seafood category) has reduced, changing by -49.296 per cent compared to the year 2018. Between 2017 and 2019, cuttlefish & squid's exports increased by 24.14 pc earning the nation US$0.15m for the year 2019. Madagascar's cuttlefish & squid exports are classified as:
- Cuttle fish and squid, frozen, with or without shell (HS code 030743)
- Cuttle fish and squid, live, fresh or chilled, with or without shell (HS code 030742)
- Cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", smoked, frozen, dried, salted or in brine, with or without shell (HS code 030749)
- Live, fresh or chilled, not smoked, cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", with or without shell (HS code 030741)
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Madagascar cuttlefish & squid export values
In 2019, Madagascar sold cuttlefish & squid costing 0.15m USD, a drop of -59.35% from 2018's total cuttlefish & squid export of 0.369m USD. The annual reduction in value of Madagascar cuttlefish & squid between 2017 to 2018 was 192.857 percent.
The yearly variation in the quantity of Madagascar's cuttlefish & squid exports between 2017 and 2019 was 24.14 pc compared to a variation of -49.296% in the period between 2018 and 2019.
Export markets for Madagascar cuttlefish & squid ( in '000$ )
Madagascar imported 1 tonnes of cuttlefish & squid in 2019.