What is the price of pistachios per kilogram/pound in Madagascar today?
The retail price range for Madagascar pistachios is between US$ 7.67 and US$ 19.18 per kilogram or between US$ 3.48 and US$ 8.70 per pound(lb). Click here to see today's exact prices of pistachios in Madagascar
The retail price range in Malagasy Ariary for pistachios is between MGA 33,950.44 and MGA 84,876.11 per kilogram or between MGA 15,397.03 and MGA 38,492.57 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar pistachios is between US$ 5.37 and US$ 13.43 per kilogram or between US$ 2.44 and US$ 6.09 per pound(lb).
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Madagascar Pistachios Export Prices - Historical, Trends and Prediction
The export price per kilogram of Pistachios from Madagascar over the last five years has seen a steady decline. In 2017, the price was 0.15 US$ per kg, and in 2021 it was 0.42 US$ per kg. The highest price was in 2012, at 0.70 US$ per kg, and the lowest was in 2015, at 0.22 US$ per kg. The price has been gradually increasing since then, with the most recent price in 2022 being 0.36 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Pistachios from Madagascar in 2023 will be 0.48 US$ per kg, and in 2024 it will be 0.54 US$ per kg.The pistachios exports from Madagascar are classified as:
- Fresh or dried pistachios, whether or not shelled or peeled (HS code 080250)
- Fresh or dried pistachios, shelled (HS code 080252)
- Pistachios (HS code 0802Xb)
- Fresh or dried pistachios, in shell (HS code 080251)
Madagascar Pistachios Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pistachios into Madagascar over the last five years has seen a steady decline. In 2012, the price was 0.70 US dollars per kg, and by 2016, it had dropped to 0.27 US dollars per kg. In 2017, the price dropped further to 0.15 US dollars per kg, and in 2018, it reached its lowest point of 0.13 US dollars per kg. Since then, the price has been on the rise, reaching 0.23 US dollars per kg in 2019 and 0.32 US dollars per kg in 2020. The price has continued to increase in 2021, reaching 0.42 US dollars per kg. The latest data shows that the price has dropped slightly to 0.36 US dollars per kg in 2022. Based on this trend, it is likely that the price of Pistachios in Madagascar will continue to increase in 2023 and 2024, reaching 0.45 US dollars per kg and 0.48 US dollars per kg respectively.Export values for Madagascar pistachios
The total values in export for pistachios in Madagascar were US$ 923, US$ 196, US$ 207 and US$ 1,295 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, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of pistachios in other countries across Africa: Algeria pistachios, Angola pistachios, Botswana pistachios, Burundi pistachios, Cameroon pistachios, Cape Verde pistachios, Central African Republic pistachios, Comoros pistachios, DRC Congo pistachios & Benin pistachios.
Madagascar pistachios - Production, Exports, Imports, Seasons and HS Codes
The volume of pistachios sold by Madagascar in 2020 was 2,251 tons. In 2019 Madagascar shipped 5,621 tonnes of pistachios. For 2019 alone, the market for Madagascar pistachios (nuts category) has gone up, with a change of 258.025 per cent compared to the year 2018. Between 2017 and 2019, pistachios' exports increased by 323.27 pc netting the exporter US$1.30m for the year 2019. Madagascar's pistachios exports are categorised as:
- Fresh or dried pistachios, shelled (HS code 080252)
- Fresh or dried pistachios, whether or not shelled or peeled (HS code 080250)
- Fresh or dried pistachios, in shell (HS code 080251)
- Pistachios (HS code 0802Xb)
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Madagascar pistachios export values
In 2019, Madagascar supplied pistachios costing 1.30m USD, an increment of 528.02% from 2018's total pistachios export of 0.207m USD. The yearly growth in value of Madagascar pistachios between 2017 to 2018 was 5.612 pc.
The yearly change in the quantity of Madagascar's pistachios exports between 2017 and 2019 was 323.27 pc compared to a variation of 258.025% in the period between 2018 and 2019.
Export markets for Madagascar pistachios ( in '000$ )
Madagascar's top destinations for pistachios are Vietnam, Morocco, Singapore, Indonesia and China.
Madagascar bought 3 tonnes of pistachios in 2019.
Production
The production of pistachios in Madagascar was 18,568 tonnes in 2019 and is forecast to change by an average of 15.76%. The country had approximately 48,724.00 hectares under pistachios cultivation.