What is the price of millet per kilogram/pound in Mali today?
The retail price range for Mali millet is between US$ 0.97 and US$ 0.97 per kilogram or between US$ 0.44 and US$ 0.44 per pound(lb). Click here to see today's exact prices of millet in Mali
The retail price range in CFA Franc BCEAO for millet is between XOF 592.38 and XOF 592.38 per kilogram or between XOF 268.65 and XOF 268.65 per pound(lb) in Bamako and Sikasso.
Wholesale prices
In 2024, the approximate wholesale price range for Mali millet is between US$ 0.68 and US$ 0.68 per kilogram or between US$ 0.31 and US$ 0.31 per pound(lb).
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Mali Millet Export Prices - Historical, Trends and Prediction
The export price of Millet from Mali over the last five years has been quite varied. In 2010, the price was 0.14 US$ per kg, and it increased to 0.15 US$ per kg in 2011. However, in 2012, the price skyrocketed to 1.33 US$ per kg. Since then, the price has been decreasing, with 0.44 US$ per kg in 2016, 0.35 US$ per kg in 2017, 0.57 US$ per kg in 2018, and 0.33 US$ per kg in 2019. In 2020 and 2021, the price was 0.00 US$ per kg. Based on this trend, it is likely that the export price of Millet from Mali in 2023 and 2024 will be around 0.25 US$ per kg and 0.15 US$ per kg respectively.The millet exports from Mali are categorised as:
- Millet (excluding grain sorghum) (HS code 100820)
- Millet seed for sowing (excluding grain sorghum) (HS code 100821)
- Millet (excluding grain sorghum, and seed for sowing) (HS code 100829)
Mali Millet Import Prices - Historical, Trends and Prediction
The import price per kilogram of Millet into Mali has seen a significant decrease over the last five years. In 2012, the price was 1.33 US dollars per kg, but by 2016, it had dropped to 0.44 US dollars per kg. This trend continued in 2017, when the price fell to 0.35 US dollars per kg, before increasing slightly to 0.57 US dollars per kg in 2018. However, the price dropped again in 2019 to 0.33 US dollars per kg, and has remained at 0.00 US dollars per kg in 2020 and 2021. Based on this trend, it is likely that the import price per kilogram of Millet into Mali will remain at 0.00 US dollars per kg in 2023 and 2024.Export values for Mali millet
The total values in export for millet in Mali were US$ 35, US$ 182, US$ 309 and US$ 144 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, Canary seed & Fonio.
See prices of millet in other countries across Africa: Algeria millet, Angola millet, Botswana millet, Burundi millet, Cameroon millet, Cape Verde millet, Central African Republic millet, Comoros millet, DRC Congo millet & Benin millet.
Mali millet - Production, Exports, Imports, Seasons and HS Codes
In 2019 Mali shipped 431 tonnes of millet. For the year 2019 alone, the demand for Mali millet (cereals/grains category) has shrunk, changing by -20.185 percent compared to the year 2018. Between 2017 and 2019, millet's exports reduced by -17.43% netting the exporter US$0.14m for the year 2019. Mali's millet exports are categorised as:
- Millet (excluding grain sorghum, and seed for sowing) (HS code 100829)
- Millet (excluding grain sorghum) (HS code 100820)
- Millet seed for sowing (excluding grain sorghum) (HS code 100821)
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Mali millet export values
In 2019, Mali sold millet with a value of 0.14m USD, a reduction of -54.69% from 2018's total millet export of 0.309m USD. The annual reduction in value of Mali millet between 2017 to 2018 was 69.78 pc.
The annual variation in the quantity of Mali's millet exports between 2017 and 2019 was -17.43 per cent when compared to a variation of -20.185% in the growth rate between 2018 and 2019.
Mali's share of the world's total millet's exports in 2019 was less than 1%. Mali holds position 82 in world exports of millet.
Export markets for Mali millet ( in '000$ )
Mali's best performing destinations for millet are France, Burkina Faso, Canada, Gabon and Spain.
Mali imported 0 tonnes of millet in 2019.
Production
The production of millet in Mali was 5,635,581 tonnes in 2019 and is predicted to change by an average of 2.08%. The country had an estimated 5,969,859.00 hectares under millet cultivation.