Cocoa Beans Prices in Madagascar
| Variety | Market level | Price (US$/kg) | Local (MGA) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Global benchmark | 4.16 | 18,407 | ▲ 22.4% | ▼ 53.7% | World Bank Pink Sheet |
| — | Export (unit value) | 5.09 | 22,523 | ▲ 123.8% | ▲ 123.8% | UN Comtrade (unit value) |
As of May 2026, the cocoa beans price in Madagascar is US$ 5.09 per kg (22,523 MGA), up 123.8% year-on-year. Every figure is sourced and dated — no estimates are presented as observed prices.
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Cocoa Beans Price History & Trend
Global benchmark (world reference) price for cocoa beans, US$ per kg. A dedicated Madagascar series begins building from our next crawl. Source: UN Comtrade (unit value).
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List your produceProduction, Exports, Imports & HS Codes — cocoa beans in Madagascar
Exports UN Comtrade · 2024
In 2024, Madagascar exported $68M (13.4 kt) of cocoa beans▲ 157.5% YoY. That ranks #15 worldwide (0.5% of global exports).
Export value by year (US$)
Export volume by year
Top cocoa beans exporters worldwide UN Comtrade · 2024
- #1 Ivory Coast $3.99B · 29.8%
- #2 Ecuador $3.11B · 23.2%
- #3 Nigeria $1.63B · 12.2%
- #4 Netherlands $1B · 7.5%
- #5 Peru $795.7M · 5.9%
Annual export data Madagascar · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $68M | 13.4 kt | $5.09 |
| 2023 | $26.4M | 11.6 kt | $2.27 |
| 2022 | $27M | 15.4 kt | $1.75 |
| 2021 | $25M | — | — |
| 2020 | $23.5M | — | — |
Production FAOSTAT · 2024
Madagascar produced 21 kt of cocoa beans in 2024▲ 5% YoY. It ranks #20 among producing countries (0.4% of world output).
Production by year (tonnes)
HS Code
cocoa beans is traded under Harmonized System code 1801.00. 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.