What is the price of seaweed per kilogram/pound in Madagascar today?
The retail price range for Madagascar seaweed is between US$ 3.91 and US$ 8.79 per kilogram or between US$ 1.77 and US$ 3.99 per pound(lb). Click here to see today's exact prices of seaweed in Madagascar
The retail price range in Malagasy Ariary for seaweed is between MGA 17,290.27 and MGA 38,903.10 per kilogram or between MGA 7,841.39 and MGA 17,643.13 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar seaweed is between US$ 2.74 and US$ 6.15 per kilogram or between US$ 1.24 and US$ 2.79 per pound(lb).
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Madagascar Seaweed Export Prices - Historical, Trends and Prediction
The export price of Seaweed from Madagascar has seen a steady increase over the last five years. In 2017, the export price per kilogram was 0.57 US dollars, which increased to 0.66 US dollars in 2018 and 0.78 US dollars in 2019. The highest export price was recorded in 2020, at 0.90 US dollars per kilogram. This was followed by a slight decrease in 2021, to 0.90 US dollars per kilogram. The most recent data shows that the export price per kilogram in 2022 was 1.04 US dollars. Based on this trend, it is predicted that the export price per kilogram in 2023 will be 1.18 US dollars and 1.32 US dollars in 2024.Madagascar Seaweed Import Prices - Historical, Trends and Prediction
The import price of Seaweed into Madagascar has seen a steady increase over the last five years. In 2017, the price was 0.57 US$ per kg, and this increased to 0.66 US$ per kg in 2018. In 2019, the price rose to 0.78 US$ per kg, and then to 0.9 US$ per kg in 2020. The price has remained at 0.9 US$ per kg in 2021, but has seen a further increase to 1.04 US$ per kg in 2022. Based on this trend, it is predicted that the import price of Seaweed into Madagascar will be 1.18 US$ per kg in 2023 and 1.32 US$ per kg in 2024.Export values for Madagascar seaweed
The total values in export for seaweed in Madagascar were US$ 1,002, US$ 947, US$ 711 and US$ 1,577 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, Sugar Beet, Sugarcane & Natural Lac.
See prices of seaweed in other countries across Africa: Algeria seaweed, Angola seaweed, Botswana seaweed, Burundi seaweed, Cameroon seaweed, Cape Verde seaweed, Central African Republic seaweed, Comoros seaweed, DRC Congo seaweed & Benin seaweed.
Madagascar seaweed - Production, Exports, Imports, Seasons and HS Codes
The amount of seaweed sold by Madagascar in 2020 was 2,258 metric tons. In 2019 Madagascar sold 2,025 tonnes of seaweed. For the year 2019 alone, the market for Madagascar seaweed (agro commodities category) has climbed, flactuating by 88.899 % compared to the year 2018. Between 2017 and 2019, seaweed's exports went up by 22.58% earning Madagascar US$1.58m for the year 2019. Madagascar's seaweed exports are categorised as:
- Seaweeds and other algae, fresh, chilled, frozen or dried, whether or not ground, unfit for human consumption (HS code 121229)
- Seaweeds & other algae (HS code 1212Xa)
- Seaweeds and other algae, fresh, chilled, frozen or dried, whether or not ground, fit for human consumption (HS code 121221)
- Seaweeds and other algae, fresh, chilled, frozen or dried, whether or not ground (HS code 121220)
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Madagascar seaweed export values
In 2019, Madagascar supplied seaweed worth 1.58m USD, an improvement of 122.22% from 2018's total seaweed export of 0.711m USD. The yearly change in value of Madagascar seaweed between 2017 to 2018 was -24.921 pc.
The yearly variation in the amount of Madagascar's seaweed exports between 2017 and 2019 was 22.58 per cent compared to a variation of 88.899% in the period between 2018 and 2019.
Export markets for Madagascar seaweed ( in '000$ )
Madagascar ordered 0 tonnes of seaweed in 2019.