What is the price of leather per kilogram/pound in Madagascar today?
The retail price range for Madagascar leather is between US$ 14.73 and US$ 39.28 per kilogram or between US$ 6.68 and US$ 17.82 per pound(lb). Click here to see today's exact prices of leather in Madagascar
The retail price range in Malagasy Ariary for leather is between MGA 65,183.63 and MGA 173,823.01 per kilogram or between MGA 29,561.74 and MGA 78,831.30 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar leather is between US$ 10.31 and US$ 27.50 per kilogram or between US$ 4.68 and US$ 12.47 per pound(lb).
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Madagascar Leather Export Prices - Historical, Trends and Prediction
The export price per kilogram of Leather from Madagascar over the last five years has seen a steady decline. In 2012, the price was 57.00 US dollars per kg, but by 2017, it had dropped to 33.00 US dollars per kg. In 2019, the price rose slightly to 42.83 US dollars per kg, before increasing again in 2021 to 111.50 US dollars per kg. The most recent data shows that the export price per kg of Leather from Madagascar in 2022 was 141.00 US dollars per kg. Based on this trend, it is likely that the export price per kg of Leather from Madagascar in 2023 will be around 120.00 US dollars per kg, and in 2024 around 100.00 US dollars per kg.Madagascar Leather Import Prices - Historical, Trends and Prediction
The import price per kilogram of Leather into Madagascar over the last five years has been quite varied. In 2017, the price was 33.00 US$ per kg, followed by a slight decrease to 32.50 US$ per kg in 2018. In 2019, the price rose to 42.83 US$ per kg, before jumping to 111.50 US$ per kg in 2021. The most recent data point shows the price of Leather imports into Madagascar at 141.00 US$ per kg in 2022. Looking ahead, it is likely that the import price of Leather into Madagascar will remain relatively high in the next two years. We predict that the price in 2023 will be around 150.00 US$ per kg, and in 2024 it will be around 160.00 US$ per kg.Export values for Madagascar leather
The total values in export for leather in Madagascar were US$ 159, US$ 33, US$ 65 and US$ 257 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 leather in other countries across Africa: Algeria leather, Angola leather, Botswana leather, Burundi leather, Cameroon leather, Cape Verde leather, Central African Republic leather, Comoros leather, DRC Congo leather & Benin leather.
Madagascar leather - Production, Exports, Imports, Seasons and HS Codes
In 2019 Madagascar shipped 6 tonnes of leather. For the year 2019 alone, the market for Madagascar leather (processed category) has increased, changing by 200 percent compared to the year 2018. Between 2017 and 2019, leather's exports increased by 500 percent netting Madagascar US$0.26m for the year 2019. Madagascar's leather exports are categorised as:
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of reptiles,, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 411330)
- Bovine leather, dehaired, vegetable pre-tanned only, whether or not split (excluding leather of whole hides, with a surface area of <= 2,6 mý) (HS code 410421)
- Leather of reptiles (excluding vegetable pre-tanned only, plus chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410729)
- Full grains and full grain splits of bovine and equine animals, dehaired, prepared after tanning (HS code 410431)
- Full grains leather, unsplit and grain splits leather, in the dry state "crust", of hides and skins of bovine "incl. buffalo" or equine animals, without hair on (excluding further prepared) (HS code 410441)
- Patent leather and patent laminated leather; metallised leather (excluding lacquered or metallised reconstituted leather) (HS code 411420)
- Patent leather and patent laminated leather; metallized leather (excluding lacquered or metallized reconstituted leather) (HS code 410900)
- Parings and other waste of leather, parchment-dressed leather or composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour (HS code 411000)
- Bovine and equine leather, dehaired, tanned or pretanned only, whether or not split (excluding leather of whole hides of bovine animals, with a surface area of <= 2,6 mý, and bovine leather, pre-tanned only) (HS code 410429)
- Leather "incl. parchment-dressed leather" of the whole hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding unsplit full grains leather, grain splits leather, chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410719)
- Composition leather based on leather or leather fibre, in slabs, sheets or strip, whether or not in rolls (HS code 411100)
- Grain splits leather "incl. parchment-dressed leather", of the whole hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410712)
- Composition leather based on leather or leather fibre, in slabs, sheets or strip, whether or not in rolls (HS code 411510)
- Bovine and equine leather, dehaired, prepared after tanning, incl. parchment-dressed (excluding leather of whole bovine hides, with a surface area of <= 2,6 mý, full grains and full grain splits, chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410439)
- Leather of reptiles, vegetable pre-tanned only (HS code 410721)
- Leather of swine, dehaired (excluding chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410710)
- Bovine leather, dehaired, mineral or synthetic pre-tanned only, whether or not split (excluding leather of whole hides, with a surface area of <= 2,6 mý) (HS code 410422)
- Chamois leather, incl. combination chamois leather (excluding glacé-tanned leather subsequently treated with formaldehyde and leather stuffed with oil only after tanning) (HS code 411410)
- Leather further prepared after tanning or crusting incl. parchment-dressed leather", of sheep or lambs, without wool on, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather)" (HS code 411200)
- Parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles; leather dust, powder and flour (HS code 411520)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of goats or kids, without wool or hair on, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 411310)
- Grain splits leather "incl. parchment-dressed leather", of the portions, strips or sheets of hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410792)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of pigs, without hair on, whether or not split (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 411320)
- Full grains leather "incl. parchment-dressed leather", unsplit, of the portions, strips or sheets of hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410791)
- Leather of antelopes, deer, elks, elephants and other animals, incl. sea animals, dehaired, and leather of hairless animals (excluding bovine and equine animals, sheep and lambs, goats and kids, pigs and reptiles, chamois leather, patent leather and patent laminated leather and metallized leather) (HS code 410790)
- Chamois leather, incl. combination chamois leather (excluding glac‚-tanned leather subsequently treated with formaldehyde and leather stuffed with oil only after tanning) (HS code 410800)
- Leather "incl. parchment-dressed leather" of the portions, strips or sheets of hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding unsplit full grains leather, grain splits leather, chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410799)
- Full grains leather "incl. parchment-dressed leather", unsplit, of the whole hides and skins of bovine "incl. buffalo" or equine animals, further prepared after tanning or crusting, without hair on (excluding chamois leather, patent leather and patent laminated leather, and metallised leather) (HS code 410711)
- Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of antelopes, deer, elks, elephants and other animals, incl. sea animals, without wool or hair on, and leather of hairless animals, whether or not split (excluding leather of bovine and equine animals, sheep and lambs, goats or kids, swine and reptiles, and chamois leather, patent leather, patent laminated leather and metallised leather) (HS code 411390)
- Leather of whole hides of bovine animals, with a surface area of <= 2,6 mý, dehaired (excluding chamois leather, patent leather, patent laminated leather and metallized leather) (HS code 410410)
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Madagascar leather export values
In 2019, Madagascar sold leather with a value of 0.26m USD, an improvement of 300.00% from 2018's total leather export of 0.065m USD. The annual growth in value of Madagascar leather between 2017 to 2018 was 96.97 pc.
The per year change in the quantity of Madagascar's leather exports between 2017 and 2019 was 500 pc in comparison to a variation of 200% in the period between 2018 and 2019.
Madagascar's portion of the world's total leather's exports in 2019 was less than 1%. The country is ranked number 62 in world exports of leather.
Export markets for Madagascar leather ( in '000$ )
Import/Export Trends
Madagascar is a net exporter of leather. The annual growth of Madagascar leather in value between 2015 to 2019 was -17%, per year, while annual growth in quantity through the same period was -13%, per annum.
Madagascar procured 481 tonnes of leather in 2019.