What is the price of anchovies per kilogram/pound in Maldives today?
The retail price range for Maldives anchovies is between US$ 11.77 and US$ 15.70 per kilogram or between US$ 5.34 and US$ 7.12 per pound(lb). Click here to see today's exact prices of anchovies in Maldives
The retail price range in Rufiyaa for anchovies is between MVR 182.04 and MVR 242.77 per kilogram or between MVR 82.56 and MVR 110.10 per pound(lb) in Malé and Addu City.
Wholesale prices
In 2024, the approximate wholesale price range for Maldives anchovies is between US$ 8.24 and US$ 10.99 per kilogram or between US$ 3.74 and US$ 4.98 per pound(lb).
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Maldives Anchovies Export Prices - Historical, Trends and Prediction
The export price per kilogram of Anchovies from Maldives has seen a steady increase over the past five years. In 2017, the price was 1.03 US dollars per kilogram, which increased to 1.31 US dollars per kilogram in 2018. In 2019, the price rose to 1.54 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Anchovies from Maldives will be 1.78 US dollars in 2023 and 2.03 US dollars in 2024.Maldives Anchovies Import Prices - Historical, Trends and Prediction
The import price of Anchovies into Maldives has seen a steady increase over the past five years. In 2017, the price per kilogram was $1.03, which rose to $1.31 in 2018 and further to $1.54 in 2019. This indicates a steady rise in the price of Anchovies in Maldives over the past few years. Based on this trend, it is likely that the price of Anchovies in Maldives will continue to increase in the coming years. If this trend continues, we can expect the price of Anchovies in Maldives to reach $1.77 in 2023 and $2.01 in 2024.Export values for Maldives anchovies
The total values in export for anchovies in the Maldives were US$ 90, US$ 178 and US$ 436 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in Maldives: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
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Maldives anchovies - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Maldives sold 284 tonnes of anchovies. Through 2019 alone, the market for the Maldives anchovies (fish category) has surged, with a change of 108.824 % compared to the year 2018. Between 2017 and 2019, anchovies' exports increased by 226.44% netting the Maldives US$0.44m for the year 2019. the Maldivess' anchovies exports are classified as:
- Frozen anchovies "Engraulis spp.", Indian mackerels "Rastrelliger spp.", seerfishes "Scomberomorus spp.", jacks, crevalles "Caranx spp.", silver pomfrets "Pampus spp.", Pacific saury "Cololabis saira", scads "Decapterus spp.", capelin "Mallotus villosus", Kawakawa "Euthynnus affinis", bonitos "Sarda spp.", marlins, sailfishes and spearfish "Istiophoridae" (HS code 030359)
- Prepared or preserved anchovies, whole or in pieces (excluding minced) (HS code 160416)
- Anchovies "Engraulis spp.", salted or in brine only (excluding fillets and offal) (HS code 030563)
- Fresh or chilled anchovies "Engraulis spp." (HS code 030242)
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Maldives anchovies export values
In 2019, the Maldives supplied anchovies worth 0.44m USD, a growth of 147.19% from 2018's total anchovies export of 0.178m USD. The annual growth in value of the Maldives anchovies between 2017 to 2018 was 97.778%.
The yearly variation in the quantity of the Maldivess' anchovies exports between 2017 and 2019 was 226.44 pc when compared to a variation of 108.824% in the growth rate between 2018 and 2019.
Export markets for Maldives anchovies ( in '000$ )
the Maldives procured 1 tonnes of anchovies in 2019.