What is the price of raffia fiber per kilogram/pound in Madagascar today?
The retail price range for Madagascar raffia fiber is between US$ 10.75 and US$ 24.42 per kilogram or between US$ 4.87 and US$ 11.08 per pound(lb). Click here to see today's exact prices of raffia fiber in Madagascar
The retail price range in Malagasy Ariary for raffia fiber is between MGA 47,548.23 and MGA 108,064.16 per kilogram or between MGA 21,563.82 and MGA 49,008.69 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar raffia fiber is between US$ 7.52 and US$ 17.10 per kilogram or between US$ 3.41 and US$ 7.75 per pound(lb).
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Madagascar Raffia Fiber Export Prices - Historical, Trends and Prediction
The export price per kilogram of Raffia fiber from Madagascar has seen a steady increase over the last five years. In 2017, the price was 1.42 US $ per kg, and in 2021 it was 1.86 US $ per kg. This represents an increase of 30.99%. The highest price was in 2022, when it was 1.91 US $ per kg. The lowest price was in 2015, when it was 1.50 US $ per kg. Based on the current trend, it is predicted that the export price per kilogram of Raffia fiber from Madagascar will be 1.96 US $ per kg in 2023 and 2.01 US $ per kg in 2024.Madagascar Raffia Fiber Import Prices - Historical, Trends and Prediction
The import price per kilogram of Raffia fiber into Madagascar has been relatively stable over the last five years. In 2017, the price was 1.42 US dollars per kg, followed by 1.59 US dollars per kg in 2018. In 2019, the price dropped to 1.46 US dollars per kg, before increasing to 1.77 US dollars per kg in 2020. The price then rose again to 1.86 US dollars per kg in 2021, before reaching its highest point of 1.91 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Raffia fiber into Madagascar will be 1.95 US dollars per kg in 2023 and 1.99 US dollars per kg in 2024.Export values for Madagascar raffia fiber
The total values in export for raffia fiber in Madagascar were US$ 2,779, US$ 3,301, US$ 3,349 and US$ 3,675 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Madagascar: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of raffia fiber in other countries across Africa: Algeria raffia fiber, Angola raffia fiber, Botswana raffia fiber, Burundi raffia fiber, Cameroon raffia fiber, Cape Verde raffia fiber, Central African Republic raffia fiber, Comoros raffia fiber, DRC Congo raffia fiber & Benin raffia fiber.
Madagascar raffia fiber - Production, Exports, Imports, Seasons and HS Codes
The quantity of raffia fiber sold by Madagascar in 2020 was 1,887 metric tonnes. In 2019 Madagascar sold 2,516 tonnes of raffia fiber. For the year 2019 alone, the market for Madagascar raffia fiber (agro commodities category) has gone up, recording a change of 19.468 percent compared to the year 2018. Between 2017 and 2019, raffia fiber's exports grew by 8.17 pc bringing the country US$3.68m for the year 2019. Madagascar's raffia fiber exports are categorised as:
- Reeds, rushes, osier, raffia, cleaned, bleached or dyed cereal straw, lime bark and other vegetable materials of a kind used primarily for plaiting (excluding bamboos and rattans) (HS code 140190)
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Madagascar raffia fiber export values
In 2019, Madagascar shipped raffia fiber valued at 3.68m USD, a growth of 9.88% from 2018's total raffia fiber export of 3.349m USD. The yearly growth in value of Madagascar raffia fiber between 2017 to 2018 was 1.454 percent.
The per year variation in the quantity of Madagascar's raffia fiber exports between 2017 and 2019 was 8.17 percent compared to a variation of 19.468% in the period between 2018 and 2019.
Export markets for Madagascar raffia fiber ( in '000$ )
Madagascar procured 0 tonnes of raffia fiber in 2019.