Market research

Palm nuts and kernels market in Madagascar

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2024, the market volume for palm nuts and kernels in Madagascar remained stable, fluctuating narrowly around 21 000 t per year. This stability coincided with foundational investments in the sector, including Savonnerie Tropicale's plan to cultivate 500 hectares of oil palm and a joint venture between Malagasy private operators and Malaysian partners initiated in 2018, which aimed to expand local production and processing capacity.

International criticism in 2019 regarding the environmental impact of palm oil overexploitation potentially influenced local practices toward a more cautious approach. In the following years, the market volume showed no major shifts, and by 2024, the government reinforced its support through the 'One District One Factory' industrialization project and a reorganization of the Ministry of Industrialization and Trade, measures designed to boost local value addition and agri-processing, including for oil palm products.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Madagascar
  1. 5.1.1. Annual dynamics of production in Madagascar in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Madagascar in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Madagascar in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Madagascar by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Madagascar in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Madagascar by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Madagascar, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Madagascar by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Madagascar in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Madagascar by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Madagascar in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Madagascar by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Madagascar, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Madagascar by countries, 2018-2024, $ US/kg
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production palm nuts and kernels in Madagascar

In kind, 2017-2020, t

Top producers of palm nuts and kernels, 2017-2020

Source: SHEV.io

World map of production of palm nuts and kernels, 2017-2020

Source: SHEV.io

Madagascar's production of palm nuts and kernels has declined for the third year in a row. In 2020, the country produced 20 924 tonnes, showing minimal change from the 2019 output.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.5%)	(0.3%)	(0.2%)	(0.3%)

Source: SHEV.io

Exports palm nuts and kernels from Madagascar

According to desk-based research, Madagascar did not export any palm nuts and kernels between 2017 and 2020.

Imports palm nuts and kernels to Madagascar

Imports in kind, kg

Madagascar imported 30 kg of palm nuts and kernels in 2020, marking a sharp year-on-year decrease of 98.3%.

Annual dynamics of product's imports to Madagascar in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(98.3%)	-

Source: SHEV.io

From 2017 to 2020, India and the United Arab Emirates were the primary sources for Madagascar's palm nuts and kernels imports, together accounting for 100.0% of the total volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

In 2020, the value of Madagascar's palm nuts and kernels imports was 30 US dollars, down 98.3% from 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(98.3%)	-

Source: SHEV.io

During the 2017–2020 period, the United Arab Emirates and India dominated Madagascar's imports in value terms, jointly representing 100.0% of the total.

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

Source: SHEV.io

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

Source: SHEV.io