What is the price of shrimps & prawns per kilogram/pound in Madagascar today?
The retail price range for Madagascar shrimps & prawns is between US$ 5.78 and US$ 24.10 per kilogram or between US$ 2.62 and US$ 10.93 per pound(lb). Click here to see today's exact prices of shrimps & prawns in Madagascar
The retail price range in Malagasy Ariary for shrimps & prawns is between MGA 25,595.58 and MGA 106,648.23 per kilogram or between MGA 11,607.97 and MGA 48,366.54 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar shrimps & prawns is between US$ 4.05 and US$ 16.87 per kilogram or between US$ 1.84 and US$ 7.65 per pound(lb).
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Madagascar Shrimps & Prawns Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shrimps & Prawns from Madagascar has seen a steady increase over the last five years. In 2017, the price was 11.62 US $ per kg, and in 2021 it was 13.11 US $ per kg. The highest price was in 2011, when it was 2142.03 US $ per kg. The lowest price was in 2012, when it was 9.58 US $ per kg. The price in 2020 was 11.59 US $ per kg, and in 2022 it was 12.46 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Shrimps & Prawns from Madagascar in 2023 will be 13.76 US $ per kg, and in 2024 it will be 14.41 US $ per kg.Madagascar Shrimps & Prawns Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shrimps & Prawns into Madagascar over the last five years has been quite volatile. In 2012, the price was 9.58 US dollars per kg, which increased to 10.92 US dollars per kg in 2013. However, the price dropped to 10.88 US dollars per kg in 2014 and further decreased to 9.24 US dollars per kg in 2015. In 2016, the price rose to 10.54 US dollars per kg and then increased to 11.62 US dollars per kg in 2017. The price dropped slightly to 11.44 US dollars per kg in 2018 and then decreased to 10.85 US dollars per kg in 2019. In 2020, the price rose to 11.59 US dollars per kg and then increased to 13.11 US dollars per kg in 2021. The price dropped to 12.46 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Shrimps & Prawns into Madagascar in 2023 will be around 12.90 US dollars per kg and in 2024 will be around 13.34 US dollars per kg.Export values for Madagascar shrimps & prawns
The total values in export for shrimps & prawns in Madagascar were US$ 89,397, US$ 107,015, US$ 84,538 and US$ 87,369 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Madagascar: Sea Bass, Sea Bream, Lobster, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of shrimps & prawns in other countries across Africa: Algeria shrimps & prawns, Angola shrimps & prawns, Botswana shrimps & prawns, Burundi shrimps & prawns, Cameroon shrimps & prawns, Cape Verde shrimps & prawns, Central African Republic shrimps & prawns, Comoros shrimps & prawns, DRC Congo shrimps & prawns & Benin shrimps & prawns.
Madagascar shrimps & prawns - Production, Exports, Imports, Seasons and HS Codes
The amount of shrimps & prawns exported by Madagascar in 2020 was 7,522 tonnes. In 2019 Madagascar shipped 8,056 tonnes of shrimps & prawns. For the year 2019 alone, the demand for Madagascar shrimps & prawns (seafood category) has increased, with a change of 9.042 pc compared to the year 2018. Between 2017 and 2019, shrimps & prawns' exports decreased by -12.56 pc bringing the country US$87.37m for the year 2019. Madagascar's shrimps & prawns exports are classified as:
- Shrimps and prawns, prepared or preserved, not in airtight containers (excluding smoked) (HS code 160521)
- Frozen shrimps and prawns, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030613)
- Shrimps and prawns, whether in shell or not, live, dried, salted or in brine, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030623)
- Shrimps and prawns, prepared or preserved (HS code 160520)
- Shrimps and prawns, whether in shell or not, dried, salted, smoked or in brine, incl. ones in shell, cooked by steaming or by boiling in water (HS code 030695)
- Cold-water shrimps and prawns "Pandalus spp., Crangon crangon", even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030626)
- Shrimps and prawns, even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (excluding cold-water shrimps and prawns) (HS code 030627)
- Frozen cold-water shrimps and prawns "Pandalus spp., Crangon crangon", even smoked, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (HS code 030616)
- Shrimps and prawns, whether in shell or not, live, fresh or chilled (excl. cold-water shrimps and prawns "Pandalus spp., Crangon crangon") (HS code 030636)
- Frozen shrimps and prawns, even smoked, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (excluding cold-water shrimps and prawns) (HS code 030617)
- Cold-water shrimps and prawns "Pandalus spp., Crangon crangon", whether in shell or not, live, fresh or chilled (HS code 030635)
- Shrimps & prawns, prepared or preserved (HS code 1605Xa)
- Shrimps and prawns, prepared or preserved, in airtight containers (excluding smoked) (HS code 160529)
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Madagascar shrimps & prawns export values
In 2019, Madagascar supplied shrimps & prawns worth 87.37m USD, a surge of 3.35% from 2018's total shrimps & prawns export of 84.538m USD. The annual increase in value of Madagascar shrimps & prawns between 2017 to 2018 was -21.004 per cent.
The annual change in the volume of Madagascar's shrimps & prawns exports between 2017 and 2019 was -12.56% in comparison to a variation of 9.042% in the period between 2018 and 2019.
Export markets for Madagascar shrimps & prawns ( in '000$ )
Madagascar procured 22 tonnes of shrimps & prawns in 2019.