What is the price of oleoresins per kilogram/pound in Madagascar today?
The retail price range for Madagascar oleoresins is between US$ 17.82 and US$ 445.50 per kilogram or between US$ 8.08 and US$ 202.04 per pound(lb). Click here to see today's exact prices of oleoresins in Madagascar
The retail price range in Malagasy Ariary for oleoresins is between MGA 78,849.56 and MGA 1,971,238.94 per kilogram or between MGA 35,759.44 and MGA 893,985.91 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar oleoresins is between US$ 12.47 and US$ 311.85 per kilogram or between US$ 5.66 and US$ 141.43 per pound(lb).
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Madagascar Oleoresins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oleoresins from Madagascar over the last five years has been quite varied. In 2017, the price was 8.38 US $ per kg, followed by a sharp increase to 300.75 US $ per kg in 2018. This was followed by a decrease to 89.82 US $ per kg in 2019 and then a further decrease to 17.56 US $ per kg in 2020. The price then increased to 49.33 US $ per kg in 2021 and 37.93 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Oleoresins from Madagascar in 2023 will be around 25.70 US $ per kg and in 2024 will be around 16.37 US $ per kg.Madagascar Oleoresins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oleoresins into Madagascar over the last five years has been quite volatile. In 2016, the price was 31.67 US$ per kg, which was the highest in the last five years. This was followed by a sharp decline in 2017 to 8.38 US$ per kg. In 2018, the price rose significantly to 300.75 US$ per kg, before dropping to 89.82 US$ per kg in 2019. The price then dropped further to 17.56 US$ per kg in 2020, before rising to 49.33 US$ per kg in 2021. The most recent data shows that the price of Oleoresins into Madagascar was 37.93 US$ per kg in 2022. Based on the data, it is likely that the price of Oleoresins into Madagascar will remain relatively stable in the next two years. We predict that the price will be around 40 US$ per kg in 2023 and 44 US$ per kg in 2024.Export values for Madagascar oleoresins
The total values in export for oleoresins in Madagascar were US$ 95, US$ 109, US$ 1,203 and US$ 988 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 oleoresins in other countries across Africa: Algeria oleoresins, Angola oleoresins, Botswana oleoresins, Burundi oleoresins, Cameroon oleoresins, Cape Verde oleoresins, Central African Republic oleoresins, Comoros oleoresins, DRC Congo oleoresins & Benin oleoresins.
Madagascar oleoresins - Production, Exports, Imports, Seasons and HS Codes
The quantity of oleoresins exported by Madagascar in 2020 was 9 tonnes. In 2019 Madagascar exported 11 tonnes of oleoresins. For the year 2019 alone, the market for Madagascar oleoresins (processed category) has improved, flactuating by 175 pc compared to the year 2018. Between 2017 and 2019, oleoresins' exports reduced by -15.38% netting the country US$0.99m for the year 2019. Madagascar's oleoresins exports are categorised as:
- Extracted oleoresins; concentrates of essential oils in fats, fixed oils, waxes and the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aromatic aqueous distillates and aqueous solutions of essential oils (HS code 330190)
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Madagascar oleoresins export values
In 2019, Madagascar exported oleoresins with a value of 0.99m USD, a reduction of -17.71% from 2018's total oleoresins export of 1.203m USD. The annual change in value of Madagascar oleoresins between 2017 to 2018 was 1003.67 per cent.
The per year variation in the quantity of Madagascar's oleoresins exports between 2017 and 2019 was -15.38 per cent compared to a variation of 175% in the period between 2018 and 2019.
Export markets for Madagascar oleoresins ( in '000$ )
Madagascar imported 3 tonnes of oleoresins in 2019.