What is the price of lentils per kilogram/pound in Madagascar today?
The retail price range for Madagascar lentils is between US$ 3.80 and US$ 9.52 per kilogram or between US$ 1.72 and US$ 4.32 per pound(lb). Click here to see today's exact prices of lentils in Madagascar
The retail price range in Malagasy Ariary for lentils is between MGA 16,818.03 and MGA 42,108.29 per kilogram or between MGA 7,627.22 and MGA 19,096.73 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar lentils is between US$ 2.66 and US$ 6.66 per kilogram or between US$ 1.21 and US$ 3.02 per pound(lb).
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Madagascar Lentils Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lentils from Madagascar over the last five years has been quite varied. In 2017, the price was 1.27 US $ per kg, followed by a decrease to 1.07 US $ per kg in 2018. In 2019, the price increased to 1.67 US $ per kg, before dropping to 0.71 US $ per kg in 2020. 2021 saw a further decrease to 0.50 US $ per kg, and in 2022 the price rose to 2.29 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Lentils from Madagascar in 2023 will be 1.90 US $ per kg, and in 2024 it will be 1.45 US $ per kg.The exports of lentils from Madagascar are categorised as:
- Dried, shelled lentils, whether or not skinned or split (HS code 071340)
Madagascar Lentils Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lentils into Madagascar over the last five years has been quite varied. In 2017, the price was $1.27, followed by a decrease to $1.07 in 2018. In 2019, the price rose to $1.67, before dropping to $0.71 in 2020. The price then increased to $0.5 in 2021, before reaching its highest point of $2.29 in 2022. Looking ahead, it is likely that the import price of Lentils into Madagascar will remain relatively stable in the next two years. We predict that the price in 2023 will be around $1.50, and in 2024 it will be around $1.75.Export values for Madagascar lentils
The total values in export for lentils in Madagascar were US$ 40, US$ 14, US$ 16 and US$ 10 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Pulses/Legumes category in Madagascar: Peas, Beans, Chickpeas, Red (Adzuki) Beans, Kidney Beans, Bambara beans, Cow Peas (Black Eyed Peas), Pigeon Peas, Locust Beans & Black beans.
See prices of lentils in other countries across Africa: Algeria lentils, Angola lentils, Botswana lentils, Burundi lentils, Cameroon lentils, Cape Verde lentils, Central African Republic lentils, Comoros lentils, DRC Congo lentils & Benin lentils.
Madagascar lentils - Production, Exports, Imports, Seasons and HS Codes
The quantity of lentils sold by Madagascar in 2020 was 7 tonnes. In 2019 Madagascar exported 6 tonnes of lentils. Through 2019 alone, the interest in Madagascar lentils (pulses/legumes category) has gone down, with a change of -60 % compared to the year 2018. Between 2017 and 2019, lentils' exports went down by -45.45% bringing Madagascar US$0.01m for the year 2019. Madagascar's lentils exports are classified as:
- Dried, shelled lentils, whether or not skinned or split (HS code 071340)
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Madagascar lentils export values
In 2019, Madagascar exported lentils with a value of 0.01m USD, a decrease of -37.50% from 2018's total lentils export of 0.016m USD. The yearly change in value of Madagascar lentils between 2017 to 2018 was 14.286%.
The annual/yearly variation in the quantity of Madagascar's lentils exports between 2017 and 2019 was -45.45% when compared to a variation of -60% in the growth rate between 2018 and 2019.
Export markets for Madagascar lentils ( in '000$ )
Madagascar's best performing export markets for lentils are France, Comoros, India, Vietnam and Malaysia.
Madagascar procured 42 tonnes of lentils in 2019.
Production
The production of lentils in Madagascar was 831 tonnes in 2019 and is forecast to change by an average of 0.48%. The country had approximately 1,214.00 hectares under lentils cultivation.