What is the price of nutmeg per kilogram/pound in Madagascar today?
The retail price range for Madagascar nutmeg is between US$ 4.89 and US$ 10.76 per kilogram or between US$ 2.22 and US$ 4.88 per pound(lb). Click here to see today's exact prices of nutmeg in Madagascar
The retail price range in Malagasy Ariary for nutmeg is between MGA 21,641.59 and MGA 47,611.50 per kilogram or between MGA 9,814.78 and MGA 21,592.52 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar nutmeg is between US$ 3.42 and US$ 7.53 per kilogram or between US$ 1.55 and US$ 3.42 per pound(lb).
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Madagascar Nutmeg Export Prices - Historical, Trends and Prediction
The export price of Nutmeg from Madagascar over the last five years has been quite volatile. In 2011, the price per kilogram was 14.33 US dollars, which dropped to 9.33 US dollars in 2012. However, the price rose sharply in 2013 to 25.33 US dollars, before dropping again to 17.75 US dollars in 2014. The price then increased to 19.00 US dollars in 2015 and 21.00 US dollars in 2016. The price has been steadily increasing since then, reaching 24.00 US dollars in 2017 and 25.40 US dollars in 2018. Based on this trend, it is likely that the export price of Nutmeg from Madagascar will be around 28.00 US dollars in 2023 and 30.00 US dollars in 2024.Madagascar Nutmeg Import Prices - Historical, Trends and Prediction
The import price of Nutmeg into Madagascar has seen a steady increase over the past five years. In 2012, the price per kilogram was 9.33 US dollars, and this increased to 25.33 US dollars in 2013. The price then dropped to 17.75 US dollars in 2014, before increasing again to 19.00 US dollars in 2015 and 21.00 US dollars in 2016. The most recent data shows that the price per kilogram of Nutmeg into Madagascar was 24.00 US dollars in 2017 and 25.40 US dollars in 2018. Based on this trend, it is predicted that the price of Nutmeg into Madagascar will be 28.48 US dollars in 2023 and 31.76 US dollars in 2024.Export values for Madagascar nutmeg
Prices of other produce in the Herbs and Spices category in Madagascar: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Mace, Cardamom, Anise & Coriander seeds.
See prices of nutmeg in other countries across Africa: Algeria nutmeg, Angola nutmeg, Botswana nutmeg, Burundi nutmeg, Cameroon nutmeg, Cape Verde nutmeg, Central African Republic nutmeg, Comoros nutmeg, DRC Congo nutmeg & Benin nutmeg.
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