What is the price of bananas per kilogram/pound in Madagascar today?
The retail price range for Madagascar bananas is between US$ 0.96 and US$ 0.96 per kilogram or between US$ 0.44 and US$ 0.44 per pound(lb). Click here to see today's exact prices of bananas in Madagascar
The retail price range in Malagasy Ariary for bananas is between MGA 4,250.44 and MGA 4,250.44 per kilogram or between MGA 1,927.64 and MGA 1,927.64 per pound(lb) in Antananarivo and Toamasina.
Wholesale prices
In 2026, the approximate wholesale price range for Madagascar bananas is between US$ 0.67 and US$ 0.67 per kilogram or between US$ 0.30 and US$ 0.30 per pound(lb).
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Madagascar Bananas Export Prices - Historical, Trends and Prediction
The export price per kilogram of Bananas from Madagascar over the last five years has been quite volatile. In 2017, the price was 0.76 US$ per kg, which was followed by a sharp increase to 1.38 US$ per kg in 2018. However, the price dropped to 0.68 US$ per kg in 2019 and further to 0.42 US$ per kg in 2020. This year, 2021, the price has seen a significant increase to 2.00 US$ per kg. Looking ahead, the export price is expected to remain high at 3.00 US$ per kg in 2022. For 2023 and 2024, the export price is predicted to be 3.50 US$ per kg and 4.00 US$ per kg respectively.The exports of bananas from Madagascar are classified as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
Madagascar Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into Madagascar has seen a significant increase over the last five years. In 2017, the price was 0.76 US $ per kg, which increased to 1.38 US $ per kg in 2018. This was followed by a slight decrease in 2019 to 0.68 US $ per kg. However, in 2020, the price rose again to 0.42 US $ per kg and then to 2.00 US $ per kg in 2021. The most recent data shows that the import price per kilogram of Bananas into Madagascar is 3.00 US $ per kg in 2022. Based on the current trend, it is predicted that the import price per kilogram of Bananas into Madagascar will be 3.50 US $ per kg in 2023 and 4.00 US $ per kg in 2024.Export values for Madagascar bananas
The total values in export for bananas in Madagascar were US$ 17, US$ 45, US$ 62 and US$ 64 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Madagascar: Olives, Pumpkins, squash and gourds, Sweetcorn, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of bananas in other countries across Africa: Algeria bananas, Angola bananas, Botswana bananas, Burundi bananas, Cameroon bananas, Cape Verde bananas, Central African Republic bananas, Comoros bananas, DRC Congo bananas & Benin bananas.
Madagascar bananas - Production, Exports, Imports, Seasons and HS Codes
The volume of bananas exported by Madagascar in 2020 was 67 tonnes. In 2019 Madagascar sold 94 tonnes of bananas. For the year 2019 alone, the interest in Madagascar bananas (fruits category) has surged, with a change of 108.889 percent compared to the year 2018. Between 2017 and 2019, bananas' exports grew by 59.32 pc bringing the country US$0.06m for the year 2019. Madagascar's bananas exports are categorised as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
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Madagascar bananas export values
In 2019, Madagascar exported bananas worth 0.06m USD, a drop of -3.23% from 2018's total bananas export of 0.062m USD. The yearly change in value of Madagascar bananas between 2017 to 2018 was 37.778 pc.
The annual/yearly change in the amount of Madagascar's bananas exports between 2017 and 2019 was 59.32% in comparison to a variation of 108.889% in the period between 2018 and 2019.
Export markets for Madagascar bananas ( in '000$ )
Madagascar's top destinations for bananas are France and Comoros.
Madagascar bought 0 tonnes of bananas in 2019.
Production
The production of bananas in Madagascar was 785,304 tonnes in 2019 and is predicted to change by an average of 1.4%. The country had approximately 151,934.00 hectares under bananas cultivation.