What is the price of fonio per kilogram/pound in Mali today?
The retail price range for Mali fonio is between US$ 3.93 and US$ 5.89 per kilogram or between US$ 1.78 and US$ 2.67 per pound(lb). Click here to see today's exact prices of fonio in Mali
The retail price range in CFA Franc BCEAO for fonio is between XOF 2,393.66 and XOF 3,590.49 per kilogram or between XOF 1,085.56 and XOF 1,628.34 per pound(lb) in Bamako and Sikasso.
Wholesale prices
In 2024, the approximate wholesale price range for Mali fonio is between US$ 2.75 and US$ 4.12 per kilogram or between US$ 1.25 and US$ 1.87 per pound(lb).
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Mali Fonio Export Prices - Historical, Trends and Prediction
The export price of Fonio from Mali has seen a significant decrease over the last five years. In 2016, the price per kilogram was 5.50 US dollars, but by 2021, it had dropped to 0.00 US dollars. This trend is expected to continue, with the price remaining at 0.00 US dollars in 2023 and 2024.The Mali fonio exports are classified as:
- Fonio "Digitaria spp." (HS code 100840)
Mali Fonio Import Prices - Historical, Trends and Prediction
The import price per kilogram of Fonio into Mali over the last five years has seen a significant decrease. In 2016, the price was 5.50 US dollars per kg, which dropped to 2.22 US dollars per kg in 2017. This downward trend continued in 2018, when the price was 1.83 US dollars per kg, and further decreased to 0.61 US dollars per kg in 2019. In 2020 and 2021, the price of Fonio was 0.00 US dollars per kg. Based on this data, it is predicted that the price of Fonio in Mali will remain at 0.00 US dollars per kg in 2023 and 2024.Export values for Mali fonio
The total values in export for fonio in Mali were US$ 11, US$ 40, US$ 11 and US$ 19 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Mali: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of fonio in other countries across Africa: Algeria fonio, Angola fonio, Botswana fonio, Burundi fonio, Cameroon fonio, Cape Verde fonio, Central African Republic fonio, Comoros fonio, DRC Congo fonio & Benin fonio.
Mali fonio - Production, Exports, Imports, Seasons and HS Codes
In 2018 Mali exported 6 tonnes of fonio. For the year 2018 alone, the demand for Mali fonio (cereals/grains category) has shrunk, with a change of -66.667 per cent compared to the year 2017. Between 2016 and 2018, fonio's exports increased by 200% earning the nation US$0.01m for the year 2018. Mali's fonio exports are classified as:
- Fonio "Digitaria spp." (HS code 100840)
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Mali fonio export values
In 2018, Mali shipped fonio with a value of 0.01m USD, a contraction of -75.00% from 2017's total fonio export of 0.04m USD. The annual change in value of Mali fonio between 2016 to 2017 was 263.636 percent.
The annual variation in the volume of Mali's fonio exports between 2016 and 2018 was 200 percent when compared to a variation of -66.667% in the growth rate between 2017 and 2018.
Export markets for Mali fonio ( in '000$ )
Mali's top export markets for fonio are France, the Netherlands, US and Belgium.
Mali brought in 0 tonnes of fonio in 2018.
Production
The production of fonio in Mali was 27,868 tonnes in 2018 and is estimated to change by an average of -39.67%. The country had an estimated 46,476.00 hectares under fonio cultivation.