What is the price of vinegar per kilogram/pound in Madagascar today?
The retail price range for Madagascar vinegar is between US$ 0.99 and US$ 2.97 per kilogram or between US$ 0.45 and US$ 1.34 per pound(lb). Click here to see today's exact prices of vinegar in Madagascar
The retail price range in Malagasy Ariary for vinegar is between MGA 4,373.45 and MGA 13,120.35 per kilogram or between MGA 1,983.42 and MGA 5,950.27 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar vinegar is between US$ 0.69 and US$ 2.08 per kilogram or between US$ 0.31 and US$ 0.94 per pound(lb).
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Madagascar Vinegar Export Prices - Historical, Trends and Prediction
The export price of Vinegar from Madagascar over the last five years has been quite volatile. In 2016, the price per kilogram was 0.23 US dollars, which increased to 0.42 US dollars in 2013. However, the price dropped to 0.25 US dollars in 2015 and stayed at the same level until 2017. In 2018, the price rose to 0.29 US dollars and then increased significantly to 0.66 US dollars in 2019. The price then dropped to 0.43 US dollars in 2020 and further decreased to 0.4 US dollars in 2021. The latest data shows that the export price of Vinegar from Madagascar is 0.41 US dollars per kilogram in 2022. Based on the current trend, it is predicted that the export price of Vinegar from Madagascar will be 0.39 US dollars per kilogram in 2023 and 0.37 US dollars per kilogram in 2024.Madagascar Vinegar Import Prices - Historical, Trends and Prediction
The import price per kilogram of Vinegar into Madagascar over the last five years has been quite volatile. In 2017, the price was 0.25 US $ per kg, which was the same as in 2015. However, in 2018, the price increased to 0.29 US $ per kg and then rose sharply to 0.66 US $ per kg in 2019. This was followed by a decrease to 0.43 US $ per kg in 2020 and then a further decrease to 0.4 US $ per kg in 2021. The price remained steady at 0.41 US $ per kg in 2022. Based on this data, it is predicted that the import price per kilogram of Vinegar into Madagascar in 2023 will be 0.41 US $ per kg and in 2024 will be 0.42 US $ per kg.Export values for Madagascar vinegar
The total values in export for vinegar in Madagascar were US$ 7, US$ 8, US$ 14 and US$ 72 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 vinegar in other countries across Africa: Algeria vinegar, Angola vinegar, Botswana vinegar, Burundi vinegar, Cameroon vinegar, Cape Verde vinegar, Central African Republic vinegar, Comoros vinegar, DRC Congo vinegar & Benin vinegar.
Madagascar vinegar - Production, Exports, Imports, Seasons and HS Codes
The volume of vinegar exported by Madagascar in 2020 was 49 metric tonnes. In 2019 Madagascar shipped 109 tonnes of vinegar. In 2019 alone, the market for Madagascar vinegar (processed category) has improved, with a change of 122.449 per cent compared to the year 2018. Between 2017 and 2019, vinegar's exports grew by 240.62% earning Madagascar US$0.07m for the year 2019. Madagascar's vinegar exports are categorised as:
- Vinegar, fermented vinegar and substitutes for vinegar obtained from acetic acid (HS code 220900)
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Madagascar vinegar export values
In 2019, Madagascar sold vinegar with a value of 0.07m USD, an increment of 400.00% from 2018's total vinegar export of 0.014m USD. The annual growth in value of Madagascar vinegar between 2017 to 2018 was 75 percent.
The per year change in the amount of Madagascar's vinegar exports between 2017 and 2019 was 240.62 per cent when compared to a variation of 122.449% in the growth rate between 2018 and 2019.
Madagascar's share of the world's total vinegar's exports in 2019 was less than 1%. Madagascar holds position 74 in world exports of vinegar.
Export markets for Madagascar vinegar ( in '000$ )
Import/Export Trends
Madagascar is a net importer of vinegar. The annual growth of Madagascar vinegar in value between 2015 to 2019 was -26%, per year, while annual growth in quantity for the same period was -39%, per annum.
Madagascar imported 75 tonnes of vinegar in 2019.