What is the price of shark fins per kilogram/pound in Madagascar today?
The retail price range for Madagascar shark fins is between US$ 15.28 and US$ 38.21 per kilogram or between US$ 6.93 and US$ 17.33 per pound(lb). Click here to see today's exact prices of shark fins in Madagascar
The retail price range in Malagasy Ariary for shark fins is between MGA 67,624.78 and MGA 169,061.95 per kilogram or between MGA 30,668.83 and MGA 76,672.08 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2025, the approximate wholesale price range for Madagascar shark fins is between US$ 10.70 and US$ 26.75 per kilogram or between US$ 4.85 and US$ 12.13 per pound(lb).
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Madagascar Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from Madagascar over the last five years has been quite volatile. In 2013, the price was 10.00 US $ per kg, which increased to 10.40 US $ per kg in 2015. However, in 2016, the price dropped to 8.55 US $ per kg. The price then increased to 10.44 US $ per kg in 2017 and 11.15 US $ per kg in 2018. In 2019, the price dropped to 7.27 US $ per kg and further decreased to 6.63 US $ per kg in 2020. The price then dropped to 3.94 US $ per kg in 2021 and increased to 5.20 US $ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Shark Fins from Madagascar in 2023 will be 4.45 US $ per kg and in 2024 will be 5.08 US $ per kg.Madagascar Shark Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shark Fins into Madagascar over the last five years has been quite volatile. In 2013, the price was 10.00 US$ per kg, which increased to 10.40 US$ per kg in 2015. However, in 2016, the price dropped to 8.55 US$ per kg. The price then increased to 10.44 US$ per kg in 2017 and further increased to 11.15 US$ per kg in 2018. In 2019, the price dropped to 7.27 US$ per kg and further decreased to 6.63 US$ per kg in 2020. The price then dropped to 3.94 US$ per kg in 2021 and increased to 5.20 US$ per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Shark Fins into Madagascar in 2023 will be 4.48 US$ per kg and in 2024 will be 5.84 US$ per kg.Export values for Madagascar shark fins
The total values in export for shark fins in Madagascar were US$ 167, US$ 145 and US$ 109 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in Madagascar: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of shark fins in other countries across Africa: Algeria shark fins, Angola shark fins, Botswana shark fins, Burundi shark fins, Cameroon shark fins, Cape Verde shark fins, Central African Republic shark fins, Comoros shark fins, DRC Congo shark fins & Benin shark fins.
Madagascar shark fins - Production, Exports, Imports, Seasons and HS Codes
The volume of shark fins shipped by Madagascar in 2020 was 14 metric tonnes. In 2019 Madagascar exported 15 tonnes of shark fins. Through 2019 alone, the interest in Madagascar shark fins (fish category) has gone up, flactuating by 15.385 pc compared to the year 2018. Between 2017 and 2019, shark fins' exports went down by -6.25% netting the country US$0.11m for the year 2019. Madagascar's shark fins exports are classified as:
- Fresh or chilled shark fins (HS code 030292)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Frozen shark fins (HS code 030392)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
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Madagascar shark fins export values
In 2019, Madagascar exported shark fins worth 0.11m USD, a contraction of -24.14% from 2018's total shark fins export of 0.145m USD. The annual change in value of Madagascar shark fins between 2017 to 2018 was -13.174 pc.
The annual/yearly change in the amount of Madagascar's shark fins exports between 2017 and 2019 was -6.25% when compared to a variation of 15.385% in the growth rate between 2018 and 2019.
Export markets for Madagascar shark fins ( in '000$ )
Madagascar brought in 0 tonnes of shark fins in 2019.