What is the price of rum per kilogram/pound in Madagascar today?
The retail price range for Madagascar rum is between US$ 13.33 and US$ 20.94 per kilogram or between US$ 6.04 and US$ 9.50 per pound(lb). Click here to see today's exact prices of rum in Madagascar
The retail price range in Malagasy Ariary for rum is between MGA 58,973.45 and MGA 92,672.57 per kilogram or between MGA 26,745.33 and MGA 42,028.37 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar rum is between US$ 9.33 and US$ 14.66 per kilogram or between US$ 4.23 and US$ 6.65 per pound(lb).
Related: Kenya Rum prices, South Africa Rum prices, Malaysia Rum prices, Philippines Rum prices, India Rum prices, United Arab Emirates (UAE) Rum prices, Canada Rum prices, US Rum prices, Australia Rum prices, New Zealand Rum prices, Germany Rum prices, Netherlands Rum prices, Spain Rum prices, United Kingdom (UK) Rum prices,
Price Finder Tool
Search for prices of Madagascar rum and other products in different countries.
Madagascar Rum Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rum from Madagascar over the last five years has been relatively stable. In 2017, the price was 5.41 US$ per kg, followed by 5.81 US$ per kg in 2018. In 2019, the price dropped to 4.51 US$ per kg, and then increased slightly to 4.52 US$ per kg in 2020. In 2021, the price rose to 4.96 US$ per kg, and then decreased to 3.48 US$ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Rum from Madagascar in 2023 will be around 3.90 US$ per kg, and in 2024 will be around 4.30 US$ per kg.Madagascar Rum Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rum into Madagascar over the last five years has been relatively stable. In 2017, the price was 5.41 US dollars per kg, followed by 5.81 US dollars per kg in 2018. In 2019, the price dropped to 4.51 US dollars per kg, and then increased slightly to 4.52 US dollars per kg in 2020. The price then decreased to 4.96 US dollars per kg in 2021, before dropping to 3.48 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Rum into Madagascar will remain relatively stable in the next two years, with a predicted price of 3.48 US dollars per kg in 2023 and 3.49 US dollars per kg in 2024.Export values for Madagascar rum
The total values in export for rum in Madagascar were US$ 414, US$ 541, US$ 923 and US$ 456 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 rum in other countries across Africa: Algeria rum, Angola rum, Botswana rum, Burundi rum, Cameroon rum, Cape Verde rum, Central African Republic rum, Comoros rum, DRC Congo rum & Benin rum.
Madagascar rum - Production, Exports, Imports, Seasons and HS Codes
The quantity of rum sold by Madagascar in 2020 was 108 tonnes. In 2019 Madagascar shipped 101 tonnes of rum. For the year 2019 alone, the demand for Madagascar rum (processed category) has shrunk, flactuating by -36.478 pc compared to the year 2018. Between 2017 and 2019, rum's exports increased by 1 pc netting the country US$0.46m for the year 2019. Madagascar's rum exports are classified as:
- Rum and other spirits obtained by distilling fermented sugar-cane products (HS code 220840)
Are you a producer of rum or other products?
Sign up today for FREE to buy or sell rum.
Madagascar rum export values
In 2019, Madagascar exported rum costing 0.46m USD, a reduction of -50.16% from 2018's total rum export of 0.923m USD. The annual change in value of Madagascar rum between 2017 to 2018 was 70.61 pc.
The yearly variation in the quantity of Madagascar's rum exports between 2017 and 2019 was 1 percent in comparison to a variation of -36.478% in the period between 2018 and 2019.
Export markets for Madagascar rum ( in '000$ )
Madagascar procured 4 tonnes of rum in 2019.