What is the price of coconuts per kilogram/pound in Madagascar today?
The retail price range for Madagascar coconuts is between US$ 0.99 and US$ 3.95 per kilogram or between US$ 0.45 and US$ 1.79 per pound(lb). Click here to see today's exact prices of coconuts in Madagascar
The retail price range in Malagasy Ariary for coconuts is between MGA 4,371.68 and MGA 17,486.73 per kilogram or between MGA 1,982.62 and MGA 7,930.49 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar coconuts is between US$ 0.69 and US$ 2.77 per kilogram or between US$ 0.31 and US$ 1.25 per pound(lb).
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Madagascar Coconuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coconuts from Madagascar over the last five years has seen a steady increase. In 2016, the price was $1.00, followed by a sharp rise to $2.33 in 2017. The price then dropped to $0.86 in 2018, before increasing again to $1.50 in 2019. The most recent year, 2020, saw a slight decrease to $0.87. Based on this data, it is likely that the export price per kilogram of Coconuts from Madagascar will continue to increase in the coming years. Predicted prices for 2023 and 2024 are $1.90 and $2.40 respectively.The coconuts exports from Madagascar are classified as:
- Fresh coconuts, whether or not shelled or peeled (excluding in the inner shell "endocarp") (HS code 080119)
- Desiccated coconuts (HS code 080111)
- Fresh coconuts in the inner shell "endocarp" (HS code 080112)
Madagascar Coconuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconuts into Madagascar over the last five years has been quite varied. In 2016, the price was $1.00, followed by a significant increase to $2.33 in 2017. This was followed by a decrease to $0.86 in 2018 and then an increase to $1.50 in 2019. The price then decreased again to $0.87 in 2020. Overall, the import price per kilogram of Coconuts into Madagascar has been quite volatile over the last five years. Based on this data, it is likely that the import price per kilogram of Coconuts into Madagascar in 2023 will be around $1.20 and in 2024 will be around $1.50.Export values for Madagascar coconuts
The total values in export for coconuts in Madagascar were US$ 2, US$ 7, US$ 12 and US$ 3 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Madagascar: Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of coconuts in other countries across Africa: Algeria coconuts, Angola coconuts, Botswana coconuts, Burundi coconuts, Cameroon coconuts, Cape Verde coconuts, Central African Republic coconuts, Comoros coconuts, DRC Congo coconuts & Benin coconuts.
Madagascar coconuts - Production, Exports, Imports, Seasons and HS Codes
The quantity of coconuts shipped by Madagascar in 2020 was 15 metric tons. In 2019 Madagascar sold 2 tonnes of coconuts. For the year 2019 alone, the demand for Madagascar coconuts (nuts category) has decreased, flactuating by -85.714 pc compared to the year 2018. Between 2017 and 2019, coconuts' exports went down by -33.33% bringing Madagascar US$0.00m for the year 2019. Madagascar's coconuts exports are categorised as:
- Desiccated coconuts (HS code 080111)
- Fresh coconuts in the inner shell "endocarp" (HS code 080112)
- Fresh coconuts, whether or not shelled or peeled (excluding in the inner shell "endocarp") (HS code 080119)
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Madagascar coconuts export values
In 2019, Madagascar supplied coconuts with a value of 0.00m USD, a decrease of -100.00% from 2018's total coconuts export of 0.012m USD. The annual change in value of Madagascar coconuts between 2017 to 2018 was 71.429%.
The yearly variation in the volume of Madagascar's coconuts exports between 2017 and 2019 was -33.33 pc when compared to a variation of -85.714% in the growth rate between 2018 and 2019.
Export markets for Madagascar coconuts ( in '000$ )
Madagascar's leading destinations for coconuts are Hong Kong, France, Mauritius and Comoros.
Madagascar purchased 12 tonnes of coconuts in 2019.
Production
The production of coconuts in Madagascar was 224,166 tonnes in 2019 and is estimated to change by an average of -0.52%. The country had an estimated 102,429.00 hectares under coconuts cultivation.