What is the price of wine per kilogram/pound in Madagascar today?
The retail price range for Madagascar wine is between US$ 6.75 and US$ 10.61 per kilogram or between US$ 3.06 and US$ 4.81 per pound(lb). Click here to see today's exact prices of wine in Madagascar
The retail price range in Malagasy Ariary for wine is between MGA 29,861.50 and MGA 46,925.22 per kilogram or between MGA 13,542.63 and MGA 21,281.28 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar wine is between US$ 4.72 and US$ 7.42 per kilogram or between US$ 2.14 and US$ 3.37 per pound(lb).
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Madagascar Wine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wine from Madagascar over the last five years has seen a steady decline. In 2011, the price was 9.59 US dollars per kg, and by 2019, it had dropped to 3.14 US dollars per kg. In 2012, the price was 8.83 US dollars per kg, and in 2013, it was 9.35 US dollars per kg. In 2014, the price was 9.05 US dollars per kg, and in 2015, it was 10.29 US dollars per kg. The biggest drop in price was seen in 2016, when the price dropped to 4.57 US dollars per kg. In 2017, the price was 7.50 US dollars per kg, and in 2018, it was 6.00 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Wine from Madagascar in 2023 will be 2.00 US dollars per kg, and in 2024, it will be 1.00 US dollars per kg.The wine exports from Madagascar are classified as:
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Sparkling wine of fresh grapes (HS code 220410)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
Madagascar Wine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wine into Madagascar over the last five years has been quite varied. In 2015, the price was at its highest at 10.29 US dollars per kg. This was followed by a sharp decrease in 2016 to 4.57 US dollars per kg. The price then rose again in 2017 to 7.50 US dollars per kg and then decreased again in 2018 to 6.00 US dollars per kg. The most recent year, 2019, saw the lowest price of 3.14 US dollars per kg. Based on this data, it is predicted that the import price per kilogram of Wine into Madagascar will continue to decrease in the coming years. It is estimated that the price in 2023 will be 2.50 US dollars per kg and in 2024 it will be 2.00 US dollars per kg.Export values for Madagascar wine
The total values in export for wine in Madagascar were US$ 96, US$ 15, US$ 12 and US$ 44 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 wine in other countries across Africa: Algeria wine, Angola wine, Botswana wine, Burundi wine, Cameroon wine, Cape Verde wine, Central African Republic wine, Comoros wine, DRC Congo wine & Benin wine.
Madagascar wine - Production, Exports, Imports, Seasons and HS Codes
In 2019 Madagascar sold 14 tonnes of wine. In 2019 alone, the market for Madagascar wine (processed category) has escalated, with a change of 600 percent compared to the year 2018. Between 2017 and 2019, wine's exports went up by 600% netting the exporter US$0.04m for the year 2019. Madagascar's wine exports are classified as:
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Sparkling wine of fresh grapes (HS code 220410)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
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Madagascar wine export values
In 2019, Madagascar sold wine with a value of 0.04m USD, a surge of 233.33% from 2018's total wine export of 0.012m USD. The annual change in value of Madagascar wine between 2017 to 2018 was -20 per cent.
The annual/yearly change in the amount of Madagascar's wine exports between 2017 and 2019 was 600 percent in comparison to a variation of 600% in the period between 2018 and 2019.
Export markets for Madagascar wine ( in '000$ )
Madagascar's best performing export markets for wine are France and Comoros.
Madagascar bought 1,143 tonnes of wine in 2019.