What is the price of oil cake (press cake) per kilogram/pound in Madagascar today?
The retail price range for Madagascar oil cake (press cake) is between US$ 18.35 and US$ 76.31 per kilogram or between US$ 8.32 and US$ 34.61 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Madagascar
The retail price range in Malagasy Ariary for oil cake (press cake) is between MGA 81,212.39 and MGA 337,672.57 per kilogram or between MGA 36,831.02 and MGA 153,139.49 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar oil cake (press cake) is between US$ 12.85 and US$ 53.42 per kilogram or between US$ 5.83 and US$ 24.23 per pound(lb).
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Madagascar Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price of Oil cake (Press cake) from Madagascar over the last five years has seen a significant increase. In 2017, the price was 13.33 US $ per kg, which was the highest in the last five years. This was followed by a slight decrease in 2018 to 12.67 US $ per kg. In 2019, the price dropped to 3.59 US $ per kg, the lowest in the last five years. However, the price has been steadily increasing since then, reaching 13.52 US $ per kg in 2020 and 10.33 US $ per kg in 2021. The latest data shows that the export price of Oil cake (Press cake) from Madagascar is 10.83 US $ per kg. Based on the current trend, it is predicted that the export price of Oil cake (Press cake) from Madagascar in 2023 will be around 11.33 US $ per kg and in 2024 will be around 11.83 US $ per kg.Madagascar Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oil cake (Press cake) into Madagascar over the last five years has been quite volatile. In 2017, the price was at its highest at $13.33, followed by a sharp decline to $3.59 in 2019. However, the price has been on the rise since then, reaching $13.52 in 2020 and $10.83 in 2022. Looking ahead, it is likely that the import price per kilogram of Oil cake (Press cake) into Madagascar will remain relatively stable in the next two years. We predict that the price will be around $10.83 in 2023 and $11.00 in 2024.Export values for Madagascar oil cake (press cake)
The total values in export for oil cake (press cake) in Madagascar were US$ 12, US$ 40, US$ 114 and US$ 226 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 oil cake (press cake) in other countries across Africa: Algeria oil cake (press cake), Angola oil cake (press cake), Botswana oil cake (press cake), Burundi oil cake (press cake), Cameroon oil cake (press cake), Cape Verde oil cake (press cake), Central African Republic oil cake (press cake), Comoros oil cake (press cake), DRC Congo oil cake (press cake) & Benin oil cake (press cake).
Madagascar oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
The quantity of oil cake (press cake) shipped by Madagascar in 2020 was 21 tonnes. In 2019 Madagascar shipped 63 tonnes of oil cake (press cake). In 2019 alone, the demand for Madagascar oil cake (press cake) (processed category) has gone up, recording a change of 600 % compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports increased by 2000% bringing the nation US$0.23m for the year 2019. Madagascar's oil cake (press cake) exports are categorised as:
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of sunflower seeds (HS code 230630)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels (HS code 230660)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of linseed (HS code 230620)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seeds (HS code 230640)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 230641)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil (HS code 230500)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of high erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g" (HS code 230649)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of cotton seeds (HS code 230610)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils from maize "corn" germ (HS code 230670)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra (HS code 230650)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils (excluding of cotton seeds, linseed, sunflower seeds, rape or colza seeds, coconut or copra, palm nuts or kernels, or from the extraction of soya-bean oil or groundnut oil) (HS code 230690)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS code 230400)
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Madagascar oil cake (press cake) export values
In 2019, Madagascar exported oil cake (press cake) costing 0.23m USD, a growth of 101.75% from 2018's total oil cake (press cake) export of 0.114m USD. The annual growth in value of Madagascar oil cake (press cake) between 2017 to 2018 was 185 percent.
The per year variation in the quantity of Madagascar's oil cake (press cake) exports between 2017 and 2019 was 2000% when compared to a variation of 600% in the growth rate between 2018 and 2019.
Export markets for Madagascar oil cake (press cake) ( in '000$ )
Madagascar brought in 38,057 tonnes of oil cake (press cake) in 2019.