What is the price of pepper per kilogram/pound in Madagascar today?
The retail price range for Madagascar pepper is between US$ 15.74 and US$ 35.41 per kilogram or between US$ 7.14 and US$ 16.06 per pound(lb). Click here to see today's exact prices of pepper in Madagascar
The retail price range in Malagasy Ariary for pepper is between MGA 69,635.40 and MGA 156,679.65 per kilogram or between MGA 31,580.68 and MGA 71,056.53 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar pepper is between US$ 11.02 and US$ 24.79 per kilogram or between US$ 5.00 and US$ 11.24 per pound(lb).
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Madagascar Pepper Export Prices - Historical, Trends and Prediction
The export price per kilogram of Pepper from Madagascar over the last five years has seen a steady decline. In 2017, the price was 3.52 US $ per kg, and in 2021 it was 2.48 US $ per kg. The lowest price was recorded in 2019, at 1.93 US $ per kg. The price has since increased slightly to 2.37 US $ per kg in 2022. Based on this trend, it is likely that the export price per kilogram of Pepper from Madagascar in 2023 will be around 2.22 US $ per kg, and in 2024 it will be around 2.07 US $ per kg.The exports of pepper from Madagascar are categorised as:
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, crushed or ground (HS code 090412)
Madagascar Pepper Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pepper into Madagascar over the last five years has seen a steady decline. In 2017, the price was 3.52 US dollars per kg, followed by 2.8 US dollars per kg in 2018. In 2019, the price dropped to 1.93 US dollars per kg and has remained at that level in 2020. The most recent data shows that the price has increased slightly to 2.48 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Pepper into Madagascar in 2023 will be around 2.20 US dollars per kg and in 2024 it will be around 2.00 US dollars per kg.Export values for Madagascar pepper
The total values in export for pepper in Madagascar were US$ 119,016, US$ 83,856, US$ 111,180 and US$ 85,464 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Madagascar: Garlic, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of pepper in other countries across Africa: Algeria pepper, Angola pepper, Botswana pepper, Burundi pepper, Cameroon pepper, Cape Verde pepper, Central African Republic pepper, Comoros pepper, DRC Congo pepper & Benin pepper.
Madagascar pepper - Production, Exports, Imports, Seasons and HS Codes
The volume of pepper shipped by Madagascar in 2020 was 54,936 tonnes. In 2019 Madagascar sold 44,352 tonnes of pepper. For 2019 alone, the market for Madagascar pepper (herbs and spices category) has climbed, changing by 11.527 per cent compared to the year 2018. Between 2017 and 2019, pepper's exports increased by 86.38 percent earning the exporter US$85.46m for the year 2019. Madagascar's pepper exports are categorised as:
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper of the genus Piper, crushed or ground (HS code 090412)
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Madagascar pepper export values
In 2019, Madagascar supplied pepper with a value of 85.46m USD, a contraction of -23.13% from 2018's total pepper export of 111.18m USD. The annual change in value of Madagascar pepper between 2017 to 2018 was 32.584 pc.
The yearly variation in the quantity of Madagascar's pepper exports between 2017 and 2019 was 86.38 percent compared to a variation of 11.527% in the period between 2018 and 2019.
Export markets for Madagascar pepper ( in '000$ )
Madagascar's top destinations for pepper are Belgium, Senegal, Thailand, Turkey and India.
Madagascar bought 48 tonnes of pepper in 2019.
Production
The production of pepper in Madagascar was 76,440 tonnes in 2019 and is predicted to change by an average of -12.28%. The country had an estimated 172,962.00 hectares under pepper cultivation.