What is the price of taro (arrowroot) per kilogram/pound in Madagascar today?
The retail price range for Madagascar taro (arrowroot) is between US$ 3.85 and US$ 3.85 per kilogram or between US$ 1.75 and US$ 1.75 per pound(lb). Click here to see today's exact prices of taro (arrowroot) in Madagascar
The retail price range in Malagasy Ariary for taro (arrowroot) is between MGA 17,049.56 and MGA 17,049.56 per kilogram or between MGA 7,732.23 and MGA 7,732.23 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2024, the approximate wholesale price range for Madagascar taro (arrowroot) is between US$ 2.70 and US$ 2.70 per kilogram or between US$ 1.22 and US$ 1.22 per pound(lb).
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Madagascar Taro (arrowroot) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Taro (Arrowroot) from Madagascar over the last five years has been relatively stable. In 2017, the price was 0.24 US$ per kg, which increased to 0.29 US$ per kg in 2018. In 2019, the price rose to 0.31 US$ per kg and further increased to 0.34 US$ per kg in 2020. The highest price was recorded in 2021, at 0.36 US$ per kg. The price dropped slightly in 2022 to 0.35 US$ per kg. Based on the trend, it is predicted that the export price per kilogram of Taro (Arrowroot) from Madagascar in 2023 will be 0.37 US$ per kg and in 2024 will be 0.38 US$ per kg.Madagascar Taro (arrowroot) Import Prices - Historical, Trends and Prediction
The import price of Taro (Arrowroot) into Madagascar has been relatively stable over the last five years. In 2017, the price was 0.24 US$ per kg, which increased to 0.29 US$ per kg in 2018. This was followed by a slight increase to 0.31 US$ per kg in 2019 and 0.34 US$ per kg in 2020. The price then rose to 0.36 US$ per kg in 2021 and has since dropped to 0.35 US$ per kg in 2022. Based on this trend, it is predicted that the import price of Taro (Arrowroot) into Madagascar will remain relatively stable in the next two years, with an estimated price of 0.35 US$ per kg in 2023 and 0.36 US$ per kg in 2024.Export values for Madagascar taro (arrowroot)
The total values in export for taro (arrowroot) in Madagascar were US$ 298, US$ 238, US$ 361 and US$ 578 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in Madagascar: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Licorice roots, Ginseng roots, Chicory roots & Cocoyam.
See prices of taro (arrowroot) in other countries across Africa: Algeria taro (arrowroot), Angola taro (arrowroot), Botswana taro (arrowroot), Burundi taro (arrowroot), Cameroon taro (arrowroot), Cape Verde taro (arrowroot), Central African Republic taro (arrowroot), Comoros taro (arrowroot), DRC Congo taro (arrowroot) & Benin taro (arrowroot).
Madagascar taro (arrowroot) - Production, Exports, Imports, Seasons and HS Codes
The volume of taro (arrowroot) sold by Madagascar in 2020 was 2,160 metric tonnes. In 2019 Madagascar exported 1,880 tonnes of taro (arrowroot). Through 2019 alone, the demand for Madagascar taro (arrowroot) (tubers category) has climbed, flactuating by 49.325 pc compared to the year 2018. Between 2017 and 2019, taro (arrowroot)'s exports grew by 88% netting the exporter US$0.58m for the year 2019. Madagascar's taro (arrowroot) exports are categorised as:
- Taro "Colocasia spp.", fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets (HS code 071440)
- Arrowroot, salep, Jerusalem artichokes and similar roots and tubers with high starch or inulin content, fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets, and sago pith (excluding manioc "cassava", sweet potatoes, yams, taro and yautia) (HS code 071490)
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Madagascar taro (arrowroot) export values
In 2019, Madagascar sold taro (arrowroot) costing 0.58m USD, an increment of 60.66% from 2018's total taro (arrowroot) export of 0.361m USD. The yearly growth in value of Madagascar taro (arrowroot) between 2017 to 2018 was 51.681 percent.
The annual change in the volume of Madagascar's taro (arrowroot) exports between 2017 and 2019 was 88 percent compared to a variation of 49.325% in the period between 2018 and 2019.
Madagascar's stake of the world's total taro (arrowroot)'s exports in 2019 was less than 1%. The country is ranked position 49 in world exports of taro (arrowroot).
Export markets for Madagascar taro (arrowroot) ( in '000$ )
Import/Export Trends
Madagascar is a net exporter of taro (arrowroot). The annual growth of Madagascar taro (arrowroot) in value between 2015 to 2019 was 6240%, per year, while annual growth in quantity was %, per annum.
Madagascar imported 0 tonnes of taro (arrowroot) in 2019.
Production
The production of taro (arrowroot) in Madagascar was 452,876 tonnes in 2019 and is forecast to change by an average of -0.47%. The country had approximately 75,280.00 hectares under taro (arrowroot) cultivation.