Beans Prices in Madagascar
| Variety | Market level | Price (US$/kg) | Local (MGA) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 0.47 | 2,098 | ▲ 2.5% | ▲ 14.5% | World Bank Pink Sheet |
| - | Export (unit value) estimated | 5.03 | 22,271 | ▲ 225.5% | ▲ 225.5% | UN Comtrade (unit value) |
As of June 2026, the beans price in Madagascar available is US$ 0.47 per kg (2,098 MGA), up 14.5% year-on-year.
In 2024, Madagascar exported 2 tonnes of beans valued at US$10,836, ranking #76 among 99 global exporters and accounting for 0.0% of world exports, with a 98.8% year-on-year decline. The country is a net exporter, producing 84,150 tonnes of beans (world rank #43), representing 0.3% of global output and a 7.7% decrease from the previous year. The latest benchmark price is US$0.4742 per kg.
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Beans Price History & Trend
Global benchmark (world reference) price for beans, US$ per kg.
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Production, Exports, Imports & HS Codes - beans in Madagascar
In 2024, Madagascar exported 2 tonnes of beans valued at US$10,836, ranking #76 among 99 global exporters and accounting for 0.0% of world exports, with a 98.8% year-on-year decline. The country is a net exporter, producing 84,150 tonnes of beans (world rank #43), representing 0.3% of global output and a 7.7% decrease from the previous year. The latest benchmark price is US$0.4742 per kg.
Exports UN Comtrade · 2024
In 2024, Madagascar exported $10.8K (2.2 t) of beans▼ 98.8% YoY. That ranks #76 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top beans exporters worldwide UN Comtrade · 2024
- #1 Morocco $340.4M · 26.8%
- #2 China $251.1M · 19.8%
- #3 Mexico $122.9M · 9.7%
- #4 Guatemala $88.8M · 7%
- #5 France $85.9M · 6.8%
Annual export data Madagascar · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $10.8K | 2.2 t | $5.03 |
| 2023 | $904.2K | 584.8 t | $1.55 |
| 2022 | $1.2M | 697.3 t | $1.75 |
| 2021 | $1.1M | 396.4 t | $2.69 |
| 2020 | $1.6M | 632.8 t | $2.48 |
Production FAOSTAT · 2024
Madagascar produced 84.1 kt of beans in 2024▼ 7.7% YoY. It ranks #43 among producing countries (0.3% of world output).
Production by year (tonnes)
HS Code
beans is traded under Harmonized System code 0708.20. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO); harvest season - FAO GIEWS Crop Calendar. Values are official reported figures.