What is the price of nuts per kilogram/pound in Madagascar today?
The retail price range for Madagascar nuts is between US$ 3.92 and US$ 8.83 per kilogram or between US$ 1.78 and US$ 4.00 per pound(lb). Click here to see today's exact prices of nuts in Madagascar
The retail price range in Malagasy Ariary for nuts is between MGA 17,364.60 and MGA 39,070.35 per kilogram or between MGA 7,875.10 and MGA 17,718.98 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar nuts is between US$ 2.75 and US$ 6.18 per kilogram or between US$ 1.25 and US$ 2.80 per pound(lb).
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Madagascar Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Nuts from Madagascar over the last five years has been relatively stable. In 2017, the price was 0.26 US $ per kg, followed by 0.23 US $ per kg in 2018, 2019 and 2020. In 2021, the price increased to 0.37 US $ per kg, before dropping to 0.33 US $ per kg in 2022. Based on this trend, it is likely that the export price per kilogram of Nuts from Madagascar in 2023 will be around 0.30 US $ per kg, and in 2024 will be around 0.26 US $ per kg.The Madagascar nuts exports are categorised as:
- Nuts, fresh or dried, whether or not shelled or peeled (excluding coconuts, Brazil nuts, cashew nuts, almonds, hazelnuts, filberts, walnuts, chestnuts, pistachios, macadamia nuts, kola nuts and areca nuts) (HS code 080290)
Madagascar Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Nuts into Madagascar has been relatively stable over the last five years. In 2016, the price was 0.17 US$ per kg, which increased to 0.26 US$ per kg in 2017. The price then decreased to 0.23 US$ per kg in 2018 and 2019, before increasing to 0.37 US$ per kg in 2021. The most recent data shows that the price has decreased to 0.33 US$ per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Nuts into Madagascar will be 0.30 US$ per kg in 2023 and 0.27 US$ per kg in 2024.Export values for Madagascar nuts
The total values in export for nuts in Madagascar were US$ 71, US$ 327, US$ 1,353 and US$ 290 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: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of nuts in other countries across Africa: Algeria nuts, Angola nuts, Botswana nuts, Burundi nuts, Cameroon nuts, Cape Verde nuts, Central African Republic nuts, Comoros nuts, DRC Congo nuts & Benin nuts.
Madagascar nuts - Production, Exports, Imports, Seasons and HS Codes
The volume of nuts exported by Madagascar in 2020 was 2,206 metric tons. In 2019 Madagascar exported 1,280 tonnes of nuts. Through 2019 alone, the demand for Madagascar nuts (nuts category) has gone down, with a change of -77.809 % compared to the year 2018. Between 2017 and 2019, nuts' exports grew by 1.35% bringing the exporter US$0.29m for the year 2019. Madagascar's nuts exports are categorised as:
- Nuts, fresh or dried, whether or not shelled or peeled (excluding coconuts, Brazil nuts, cashew nuts, almonds, hazelnuts, filberts, walnuts, chestnuts, pistachios, macadamia nuts, kola nuts and areca nuts) (HS code 080290)
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Madagascar nuts export values
In 2019, Madagascar sold nuts worth 0.29m USD, a drop of -78.57% from 2018's total nuts export of 1.353m USD. The yearly reduction in value of Madagascar nuts between 2017 to 2018 was 313.761 per cent.
The annual/yearly change in the quantity of Madagascar's nuts exports between 2017 and 2019 was 1.35 percent in comparison to a variation of -77.809% in the period between 2018 and 2019.
Madagascar's share of the world's total nuts' exports in 2019 was less than 1%. Madagascar is ranked number 58 in world exports of nuts.
Export markets for Madagascar nuts ( in '000$ )
Madagascar's best performing destinations for nuts are Pakistan, Comoros, Iraq, Yemen and France.
Import/Export Trends
Madagascar is a net exporter of nuts. The annual growth of Madagascar nuts in value between 2015 to 2019 was -41%, per annum, while annual growth in quantity through the same period was -32%, per annum.
Madagascar imported 2 tonnes of nuts in 2019.
Production
The production of nuts in Madagascar was 5,000 tonnes in 2019 and is predicted to change by an average of -14.75%. The country had an estimated hectares under nuts cultivation.