What is the price of ethyl alcohol per kilogram/pound in Madagascar today?
The retail price range for Madagascar ethyl alcohol is between US$ 1.96 and US$ 14.69 per kilogram or between US$ 0.89 and US$ 6.66 per pound(lb). Click here to see today's exact prices of ethyl alcohol in Madagascar
The retail price range in Malagasy Ariary for ethyl alcohol is between MGA 8,667.26 and MGA 65,004.42 per kilogram or between MGA 3,930.73 and MGA 29,480.46 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar ethyl alcohol is between US$ 1.37 and US$ 10.28 per kilogram or between US$ 0.62 and US$ 4.66 per pound(lb).
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Madagascar Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price of Ethyl Alcohol from Madagascar over the last five years has been relatively stable. In 2015, the price was 0.81 US$ per kg, followed by 0.85 US$ per kg in 2016. In 2017, the price increased to 6.00 US$ per kg, and then further increased to 8.00 US$ per kg in 2018. The highest price was recorded in 2019, at 12.00 US$ per kg. The price then decreased to 3.00 US$ per kg in 2022. Based on this trend, it is predicted that the export price of Ethyl Alcohol from Madagascar in 2023 will be around 5.00 US$ per kg, and in 2024 will be around 4.00 US$ per kg.Madagascar Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ethyl Alcohol into Madagascar over the last five years has seen a significant increase. In 2013, the price was $1.13, followed by $1.17 in 2014. In 2015, the price dropped to $0.81, before increasing to $0.85 in 2016. The most significant change was seen in 2017, when the price rose to $6.00. This was followed by a further increase to $8.00 in 2018 and $12.00 in 2019. The most recent data shows a decrease to $3.00 in 2022. Based on this trend, it is predicted that the import price per kilogram of Ethyl Alcohol into Madagascar in 2023 will be $4.00 and $5.00 in 2024.Export values for Madagascar ethyl alcohol
The total values in export for ethyl alcohol in Madagascar were US$ 205, US$ 6, US$ 8 and US$ 12 in US dollar thousand for the years 2016, 2017, 2018 and 2019 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 ethyl alcohol in other countries across Africa: Algeria ethyl alcohol, Angola ethyl alcohol, Botswana ethyl alcohol, Burundi ethyl alcohol, Cameroon ethyl alcohol, Cape Verde ethyl alcohol, Central African Republic ethyl alcohol, Comoros ethyl alcohol, DRC Congo ethyl alcohol & Benin ethyl alcohol.
Madagascar ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
In 2019 Madagascar shipped 1 tonnes of ethyl alcohol. In 2019 alone, the demand for Madagascar ethyl alcohol (processed category) has been stable, flactuating by 0 % compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports was steady 0% netting the exporter US$0.01m for the year 2019. Madagascar's ethyl alcohol exports are categorised as:
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
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Madagascar ethyl alcohol export values
In 2019, Madagascar supplied ethyl alcohol valued at 0.01m USD, a growth of 25.00% from 2018's total ethyl alcohol export of 0.008m USD. The annual change in value of Madagascar ethyl alcohol between 2017 to 2018 was 33.333%.
The annual/yearly variation in the amount of Madagascar's ethyl alcohol exports between 2017 and 2019 was 0 percent when compared to a variation of 0% in the growth rate between 2018 and 2019.
Madagascar's share of the world's total ethyl alcohol's exports in 2019 was less than 1%. The country is ranked number 67 in world exports of ethyl alcohol.
Export markets for Madagascar ethyl alcohol ( in '000$ )
Import/Export Trends
Madagascar is a net exporter of ethyl alcohol. The annual growth of Madagascar ethyl alcohol in value between 2015 to 2019 was -21%, per year, while annual growth in quantity for the same period was -44%, per annum.
Madagascar imported 18,262 tonnes of ethyl alcohol in 2019.