Milled rice and broken rice market in Madagascar

Earlier Report Observations

From 2018 to 2020, the market volume for milled rice and broken rice in Madagascar experienced fluctuations. After reaching 981.5 thousand tons in 2018, it dropped to 785.6 thousand tons in 2019, then partially recovered to 851.7 thousand tons in 2020.

The market expanded significantly in 2021 and 2022, rising to 1 028.1 thousand tons and then to 1 180.2 thousand tons. This growth was primarily driven by record rice imports, encouraged by government policy to maintain supply. In 2022, global factors such as India's export ban on broken rice and floods in Pakistan tightened international availability, while the State Procurement of Madagascar (SPM) facilitated imports to stabilize the market.

In 2023, the market volume contracted sharply to 885.7 thousand tons. This decline resulted from a deliberate shift toward greater self-sufficiency, as domestic rice production increased by 9% and imports fell by over 300 thousand tons. Government price regulation measures, including the injection of 100 thousand tons of imported rice at moderated prices and decrees to control paddy and white rice collection, aimed to manage local supply and curb speculation.

Production milled rice and broken rice in Madagascar

In kind, 2017-2020, K t

Top producers of milled rice and broken rice, 2017-2020

World map of production of milled rice and broken rice, 2017-2020

Madagascar's production of milled rice and broken rice declined after two years of growth. In 2020, output stood at 378.5 thousand tonnes, remaining relatively stable compared to the previous year. Over the period from 2017 to 2020, production increased by 10.3%, which translates to an average annual growth rate of 3.3%. The highest production level was recorded in 2019 at 379.6 thousand tonnes, with the largest year-on-year increase occurring in 2018 at 10.2%.

Annual dynamics of production in Madagascar in kind, 2017-2020, K t

Exports milled rice and broken rice from Madagascar

Exports in kind, K t

Export volumes showed significant volatility during the observed period. Exports reached their lowest point in 2018 at 0.0 thousand tonnes and peaked in 2017, with a 43-fold difference between these years. In 2020, Madagascar exported 0.0 thousand tonnes of milled rice and broken rice, marking a sharp decline of 38.9% compared to the previous year. The largest decrease occurred in 2018 at 97.7%, while the most substantial increase was recorded in 2019 at 330.2%.

Annual dynamics of product's exports from Madagascar in kind, 2017-2020, K t

Between 2017 and 2020, the United States was the primary export destination for milled rice and broken rice, accounting for 79.7% of total export volumes. Other markets contributed smaller shares, forming a long tail of trading partners.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Madagascar in kind, 2017-2020

Exports in value, M $ US

Export values exhibited considerable volatility over the observed period. From the low in 2018 to the high in 2017, export values varied 56-fold. In 2020, Madagascar exported 0.0 million US dollars worth of milled rice and broken rice, representing a 47.7% decrease compared to the previous year. The lowest value was recorded in 2018 at 0.0 million US dollars, with the largest decline occurring that same year at 98.2%. The most significant increase was observed in 2019 at 164.3%.

Annual dynamics of product's exports from Madagascar in value, 2017-2020, M $ US

From 2017 to 2020, the United States remained the dominant export market in value terms, accounting for 88.9% of total export flows. Other markets represented smaller portions, creating a long tail of trading partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Madagascar in value, 2017-2020

Imports milled rice and broken rice to Madagascar

Imports in kind, K t

Madagascar imported approximately 473.1 thousand tonnes of milled rice and broken rice in 2020, representing a 16.5% increase compared to 2019. Over the period from 2017 to 2020, imports decreased by 19.9%, equivalent to an average annual decline of 7.1%. The lowest import volume was recorded in 2019 at 406.0 thousand tonnes, while the highest was in 2018 at 603.6 thousand tonnes. The largest year-on-year decrease occurred in 2019 at 32.7%.

Annual dynamics of product's imports to Madagascar in kind, 2017-2020, K t

From 2017 to 2020, Pakistan, India, and Myanmar were consistently the main sources of imports in volume terms. Pakistan accounted for 31.9% of imports, India for 30.5%, and Myanmar for 20.6%, together representing 83.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Madagascar in kind, 2017-2020

Imports in value, M $ US

Madagascar's import value of milled rice and broken rice increased in 2020 after two years of decline. Imports totaled 173.8 million US dollars in 2020, reflecting a 20.3% year-over-year increase. Over the period from 2017 to 2020, import values decreased by 30.1%, with a compound annual growth rate of -11.2%. The lowest value was recorded in 2019 at 144.5 million US dollars, with the largest decline occurring that same year at 40.5%.

Annual dynamics of product's imports to Madagascar in value, 2017-2020, M $ US

Throughout 2017-2020, Pakistan, India, and Myanmar formed the key group of import partners in value terms. Pakistan accounted for 32.2% of import value, India for 30.8%, and Myanmar for 18.7%, jointly representing 81.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Madagascar in value, 2017-2020