What is the price of ginseng roots per kilogram/pound in Madagascar today?
The retail price range for Madagascar ginseng roots is between US$ 15.74 and US$ 16,721.20 per kilogram or between US$ 7.14 and US$ 7,583.31 per pound(lb). Click here to see today's exact prices of ginseng roots in Madagascar
The retail price range in Malagasy Ariary for ginseng roots is between MGA 69,635.40 and MGA 73,987,610.62 per kilogram or between MGA 31,580.68 and MGA 33,554,471.94 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar ginseng roots is between US$ 11.02 and US$ 11,704.84 per kilogram or between US$ 5.00 and US$ 5,308.32 per pound(lb).
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Madagascar Ginseng Roots Export Prices - Historical, Trends and Prediction
The export price of ginseng roots from Madagascar has seen a steady increase over the past five years. In 2018, the price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that in 2022, the export price per kilogram was $3.05. Looking ahead, it is likely that the export price of ginseng roots from Madagascar will continue to increase in the coming years. Based on the data, it is predicted that the price per kilogram in 2023 will be around $3.20, and in 2024 it will be around $3.35.Madagascar Ginseng Roots Import Prices - Historical, Trends and Prediction
The import price of ginseng roots into Madagascar has seen a steady increase over the past five years. In 2018, the price per kilogram was $2.50, which increased to $2.90 in 2019. In 2020, the price rose to $3.20, and in 2021 it further increased to $3.50. The most recent data shows that in 2022, the price per kilogram of ginseng roots was $3.80. Overall, the import price of ginseng roots into Madagascar has seen a steady increase of 30 cents per kilogram over the past five years. This trend is likely to continue in the coming years, and it is expected that the price per kilogram of ginseng roots will reach $4.10 in 2023 and $4.40 in 2024.Export values for Madagascar ginseng roots
Prices of other produce in the Tubers category in Madagascar: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Chicory roots & Cocoyam.
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