What is the price of peanut (groundnut) oil per kilogram/pound in Madagascar today?
The retail price range for Madagascar peanut (groundnut) oil is between US$ 9.57 and US$ 14.36 per kilogram or between US$ 4.34 and US$ 6.51 per pound(lb). Click here to see today's exact prices of peanut (groundnut) oil in Madagascar
The retail price range in Malagasy Ariary for peanut (groundnut) oil is between MGA 42,353.98 and MGA 63,530.97 per kilogram or between MGA 19,208.16 and MGA 28,812.23 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar peanut (groundnut) oil is between US$ 6.70 and US$ 10.05 per kilogram or between US$ 3.04 and US$ 4.56 per pound(lb).
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Madagascar Peanut (groundnut) Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnut) Oil from Madagascar has seen a drastic decrease over the last five years. In 2014, the price was 92.5 US dollars per kg, but by 2017, it had dropped to 8.0 US dollars per kg. This represents a 91.4% decrease in the export price. If this trend continues, we can expect the export price to be around 0.72 US dollars per kg in 2023 and 0.36 US dollars per kg in 2024.Madagascar Peanut (groundnut) Oil Import Prices - Historical, Trends and Prediction
The import price of Peanut (Groundnut) Oil into Madagascar has seen a significant decrease over the past five years. In 2014, the price per kilogram was 92.50 US dollars, while in 2017 it had dropped to 8.00 US dollars. This represents a 91.4% decrease in the price of Peanut (Groundnut) Oil over the five year period. Based on this trend, it is likely that the price of Peanut (Groundnut) Oil in Madagascar will continue to decrease in the coming years. Predicted prices for 2023 and 2024 are 4.00 US dollars and 2.00 US dollars respectively.Export values for Madagascar peanut (groundnut) oil
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.
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