Oil seeds and oleaginous fruits market in Madagascar

Earlier Report Observations

The market for oil seeds and oleaginous fruits in Madagascar expanded from 2 777 t in 2018 to 3 080 t in 2022. This growth was initially supported by the state-owned SNGF (Silo National des Graines Forestières), which increased forest seed production and optimized germination techniques. The formalization of the organic farming sector through the adoption of a framework law in 2020 began structuring production, while the subsequent Agricultural Aggregation Law in 2022 organized farmer contracts to boost output.

Production gains were further aided by the introduction of hybrid maize seeds and the implementation of integrated crop calendars that included oilseed crops like peanuts. Efforts to improve agricultural machinery standards and address structural productivity challenges also contributed to the rising volume, despite headwinds from higher international fertilizer prices affecting input costs.

Market size stabilized at 3 035 t in 2023 as national vegetable oil producers sought safeguard measures against competitive imports. Ongoing initiatives focused on agricultural resilience, seed variety homologation, and rural enterprise modernization continued to influence the sector's trajectory through 2024.

Production oil seeds and oleaginous fruits in Madagascar

In kind, 2017-2020, t

Top producers of oil seeds and oleaginous fruits, 2017-2020

World map of production of oil seeds and oleaginous fruits, 2017-2020

Madagascar's production of oil seeds and oleaginous fruits has increased for the second year in a row. In 2020, the country produced 3,018 tonnes, marking a slight rise of 1.2% compared to the previous year. The lowest production level was recorded in 2018 at 2,926 tonnes, which also saw the largest decline of 2.7%. The most significant increase occurred in 2019, with a growth of 1.9%.

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

Exports oil seeds and oleaginous fruits from Madagascar

Exports in kind, t

The export market for oil seeds and oleaginous fruits from Madagascar experienced notable fluctuations during this period. Exports peaked in 2017 and reached their lowest point in 2020, with a 4.9-fold difference between these years. In 2020, Madagascar exported 39.0 tonnes, representing a sharp drop of 77.4% from the prior year. The largest increase was recorded in 2019 at 1.5%.

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

From 2017 to 2020, Vietnam remained the primary destination for Madagascar's oil seeds and oleaginous fruits exports, accounting for 82.3% of total export volume. The remaining share was distributed among other countries.

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, K $ US

Madagascar's export value of oil seeds and oleaginous fruits declined for the third consecutive year. In 2020, exports were recorded at 79.5 thousand US dollars, which is 40.9% lower than the previous year. Over the period from 2017 to 2020, exports decreased by 80.5%, with a compound annual growth rate (CAGR) of -42.0%.

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

Between 2017 and 2020, Vietnam dominated the export value, capturing 74.2% of total flows. The rest was spread across a fragmented group of other markets.

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

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

Imports oil seeds and oleaginous fruits to Madagascar

Imports in kind, t

Import volumes of oil seeds and oleaginous fruits into Madagascar showed volatility over the observed period. The minimum was recorded in 2019 at 0.8 tonnes, with the largest decline of 96.2% occurring that year. In 2020, imports stood at 2.0 tonnes, reflecting a dramatic increase of 148.9% compared to the previous year. The maximum was in 2017, resulting in a 36-fold variation between the peak and trough.

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

Throughout 2017 to 2020, France was the key partner for Madagascar's imports in volume terms, accounting for 92.5% of total 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, K $ US

Madagascar's import value of oil seeds and oleaginous fruits increased for the second consecutive year. In 2020, imports were recorded at 20.2 thousand US dollars, up by 65.9% from 2019. Over the period from 2017 to 2020, imports grew by 21.3%, with a compound annual growth rate (CAGR) of 6.6%. The lowest value was in 2018 at 11.0 thousand US dollars, which also saw the largest decline of 34.1%.

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

From 2017 to 2020, France consistently represented 79.2% of total import value, indicating a high concentration on this market. The remainder was shared among other countries.

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

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