What is the price of ginseng roots per kilogram/pound in Somalia today?
The retail price range for Somalia ginseng roots is between US$ 0.29 and US$ 0.53 per kilogram or between US$ 0.13 and US$ 0.24 per pound(lb). Click here to see today's exact prices of ginseng roots in Somalia
The retail price range in Somali Shilling for ginseng roots is between SOS 166.06 and SOS 304.45 per kilogram or between SOS 75.31 and SOS 138.07 per pound(lb) in Mogadishu and Kismayo.
Wholesale prices
In 2024, the approximate wholesale price range for Somalia ginseng roots is between US$ 0.20 and US$ 0.37 per kilogram or between US$ 0.09 and US$ 0.17 per pound(lb).
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Somalia Ginseng Roots Export Prices - Historical, Trends and Prediction
The export price of ginseng roots from Somalia has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of ginseng roots from Somalia was $3.05 in 2022. This represents a 24.5% increase in the export price over the past five years. Based on this trend, it is likely that the export price per kilogram of ginseng roots from Somalia will be around $3.20 in 2023 and $3.35 in 2024.Somalia Ginseng Roots Import Prices - Historical, Trends and Prediction
The import price of Ginseng roots into Somalia has seen a steady increase over the past five years. In 2018, the price per kilogram was $2.50, which increased to $2.90 in 2019. In 2020, the price rose to $3.20, and in 2021 it further increased to $3.50. The most recent data shows that in 2022, the import price per kilogram of Ginseng roots into Somalia was $3.80. Overall, the import price of Ginseng roots into Somalia has seen a steady increase of 30 cents per kilogram over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of Ginseng roots into Somalia will reach $4.10 in 2023 and $4.40 in 2024.Export values for Somalia ginseng roots
Prices of other produce in the Tubers category in Somalia: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Chicory roots & Cocoyam.
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