What is the price of saffron per kilogram/pound in Madagascar today?
The retail price range for Madagascar saffron is between US$ 5.83 and US$ 8.74 per kilogram or between US$ 2.64 and US$ 3.96 per pound(lb). Click here to see today's exact prices of saffron in Madagascar
The retail price range in Malagasy Ariary for saffron is between MGA 25,786.73 and MGA 38,680.09 per kilogram or between MGA 11,694.66 and MGA 17,541.99 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar saffron is between US$ 4.08 and US$ 6.12 per kilogram or between US$ 1.85 and US$ 2.78 per pound(lb).
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Madagascar Saffron Export Prices - Historical, Trends and Prediction
The export price of saffron from Madagascar has seen a significant decrease over the last five years. In 2014, the price per kilogram was 19.00 US dollars, but by 2021, it had dropped to 0.33 US dollars. This trend is expected to continue, with the price for 2022 being 0.17 US dollars. Predicted prices for 2023 and 2024 are 0.12 US dollars and 0.09 US dollars respectively.Madagascar Saffron Import Prices - Historical, Trends and Prediction
The import price of saffron into Madagascar has seen a significant decrease over the last five years. In 2014, the price per kilogram was 19.00 US dollars, but by 2018, this had dropped to 1.00 US dollars. This trend has continued, with the price per kilogram dropping to 0.25 US dollars in 2019, 0.19 US dollars in 2020, and 0.33 US dollars in 2021. The most recent data shows that the price per kilogram has decreased further to 0.17 US dollars in 2022. Based on this trend, it is likely that the price per kilogram of saffron imported into Madagascar will continue to decrease in the coming years. We can predict that the price per kilogram in 2023 will be around 0.14 US dollars, and in 2024 it will be around 0.11 US dollars.Export values for Madagascar saffron
Prices of other produce in the Herbs and Spices category in Madagascar: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of saffron in other countries across Africa: Algeria saffron, Angola saffron, Botswana saffron, Burundi saffron, Cameroon saffron, Cape Verde saffron, Central African Republic saffron, Comoros saffron, DRC Congo saffron & Benin saffron.
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