What is the price of octopus per kilogram/pound in Madagascar today?
The retail price range for Madagascar octopus is between US$ 10.60 and US$ 26.02 per kilogram or between US$ 4.81 and US$ 11.80 per pound(lb). Click here to see today's exact prices of octopus in Madagascar
The retail price range in Malagasy Ariary for octopus is between MGA 46,905.75 and MGA 115,132.30 per kilogram or between MGA 21,272.45 and MGA 52,214.20 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2026, the approximate wholesale price range for Madagascar octopus is between US$ 7.42 and US$ 18.21 per kilogram or between US$ 3.37 and US$ 8.26 per pound(lb).
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Madagascar Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Madagascar has seen a steady increase over the last five years. In 2017, the price was 3.73 US$ per kg, and in 2021 it was 4.20 US$ per kg. This represents an increase of 12.5%. The highest price was recorded in 2022, at 4.69 US$ per kg. Based on this trend, it is likely that the export price per kilogram of Octopus from Madagascar will continue to increase in the next two years, with an estimated price of 4.86 US$ per kg in 2023 and 5.04 US$ per kg in 2024.Madagascar Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Madagascar has been steadily increasing over the past five years. In 2016, the price was 3.33 US dollars per kg, and by 2021, it had risen to 4.20 US dollars per kg. This represents an increase of 26.7% over the five-year period. The highest price was recorded in 2022, when the import price was 4.69 US dollars per kg. Looking ahead, we can expect the import price of Octopus into Madagascar to continue to rise, with an estimated price of 4.77 US dollars per kg in 2023 and 4.85 US dollars per kg in 2024.Export values for Madagascar octopus
The total values in export for octopus in Madagascar were US$ 3,853, US$ 4,346, US$ 4,734 and US$ 4,931 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Madagascar: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Cuttlefish & Squid.
See prices of octopus in other countries across Africa: Algeria octopus, Angola octopus, Botswana octopus, Burundi octopus, Cameroon octopus, Cape Verde octopus, Central African Republic octopus, Comoros octopus, DRC Congo octopus & Benin octopus.
Madagascar octopus - Production, Exports, Imports, Seasons and HS Codes
The amount of octopus exported by Madagascar in 2020 was 1,313 tons. In 2019 Madagascar exported 1,255 tonnes of octopus. Across 2019 alone, the market for Madagascar octopus (seafood category) has increased, with a change of 1.537 pc compared to the year 2018. Between 2017 and 2019, octopus' exports grew by 7.63% bringing the nation US$4.93m for the year 2019. Madagascar's octopus exports are classified as:
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
- Octopus "Octopus spp.", frozen (HS code 030752)
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Madagascar octopus export values
In 2019, Madagascar supplied octopus worth 4.93m USD, an improvement of 4.14% from 2018's total octopus export of 4.734m USD. The annual change in value of Madagascar octopus between 2017 to 2018 was 8.928 pc.
The annual change in the quantity of Madagascar's octopus exports between 2017 and 2019 was 7.63% in comparison to a variation of 1.537% in the period between 2018 and 2019.
Export markets for Madagascar octopus ( in '000$ )
Madagascar imported 0 tonnes of octopus in 2019.