What is the price of cardamom per kilogram/pound in Madagascar today?
The retail price range for Madagascar cardamom is between US$ 8.84 and US$ 10.81 per kilogram or between US$ 4.01 and US$ 4.90 per pound(lb). Click here to see today's exact prices of cardamom in Madagascar
The retail price range in Malagasy Ariary for cardamom is between MGA 39,122.12 and MGA 47,815.93 per kilogram or between MGA 17,742.46 and MGA 21,685.23 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar cardamom is between US$ 6.19 and US$ 7.56 per kilogram or between US$ 2.81 and US$ 3.43 per pound(lb).
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Madagascar Cardamom Export Prices - Historical, Trends and Prediction
The export price of cardamom from Madagascar has seen a steady increase over the past five years. In 2019, the export price per kilogram was $7.90, which was a slight increase from the previous year. In 2020, the export price per kilogram rose to $8.20, representing a 3.8% increase from the previous year. 2021 saw a further increase to $8.50, a 3.7% increase from the previous year. 2022 saw a slight decrease to $8.30, a 2.4% decrease from the previous year. Finally, in 2023, the export price per kilogram rose to $8.50, a 2.4% increase from the previous year. Based on this trend, it is likely that the export price per kilogram of cardamom from Madagascar will continue to increase in the coming years, with an estimated price of $8.75 in 2024.Madagascar Cardamom Import Prices - Historical, Trends and Prediction
The import price of cardamom into Madagascar has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.90, and in 2021 it further increased to $3.20. The most recent data shows that the import price per kilogram of cardamom into Madagascar was $3.50 in 2022. Overall, the import price of cardamom into Madagascar has seen a steady increase over the past five years, with the price increasing by over 40% from 2018 to 2022. It is difficult to predict the prices for 2023 and 2024, however, if the trend continues, it is likely that the import price per kilogram of cardamom into Madagascar will continue to increase.Export values for Madagascar cardamom
Prices of other produce in the Herbs and Spices category in Madagascar: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Anise & Coriander seeds.
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