Peas market in Madagascar

Earlier Report Observations

From 2018 to 2020, the market volume for fresh or chilled peas in Madagascar showed fluctuations. After starting at 1 553 t in 2018, it dipped to 1 442 t in 2019. The following year, however, saw a rebound to 1 530 t. This growth coincided with a sharp drop in pea prices in Antananarivo, where peas were sold at 300 ariary per kapok due to a massive influx onto the market. The availability of imported canned peas likely contributed to lower prices and stimulated consumer demand, supporting the increase in total market volume.

The market contracted again in 2021, falling back to 1 442 t. In 2022, it edged slightly lower to 1 430 t, a period when prices for essential goods like flour and sugar were declining, potentially altering food consumption patterns indirectly. By 2023, the market expanded to 1 505 t despite rising pea prices in regions like Toliara, where a cup of peas jumped from 1 200-1 300 ariary in February to 2 000 ariary in March. Supply chain difficulties and climatic conditions affected availability, but increased domestic production and a rise in imports helped lift overall volume.

In 2024, the Malagasy government implemented measures to boost local production of staple foods through the state-owned SPM, which collects and redistributes products. Fresh vegetable prices, including for peas, have shown significant seasonal increases, impacting consumer behavior. Additionally, heavy rice imports highlight ongoing dependency on foreign supplies, while initiatives to stabilize food prices focus on local production and distribution.

Production peas in Madagascar

In kind, 2017-2020, t

Top producers of peas, 2017-2020

World map of production of peas, 2017-2020

Peas production in Madagascar has increased for the third consecutive year. In 2020, Madagascar produced 1 417 tons of peas, showing only a marginal fluctuation compared to 2019. Over the period from 2017 to 2020, production grew by 3.1%, with a compound annual growth rate of 1.0%.

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

Exports peas from Madagascar

Exports in kind, t

After a two-year rise, Madagascar's exported peas volumes declined. In 2020, exports reached 220.9 tons, indicating a controlled reduction of 4.9% relative to the prior year. Over the period from 2017 to 2020, exports increased by 19.7%, with a compound annual growth rate of 6.2%. The maximum value was recorded in 2019 at 232.2 tons, with the largest increase of 23.2% also occurring in that year.

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

From 2017 to 2020, the country structure of exports in kind was strongly concentrated on the Netherlands and France, which together accounted for 97.9% of total flows, with other partners forming a residual tail.

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

Peas shipments from Madagascar to abroad have increased for the third consecutive year. In 2020, the export volume stood at 1 577 thousand US dollars, constituting a sharp uptick of 38.4% compared to the previous year. Over the period from 2017 to 2020, exports increased by 143.4%, with a compound annual growth rate of 34.5%.

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

Over the period from 2017 to 2020, the Netherlands consistently accounted for 73.5% of total exports in value terms, indicating a high concentration on this market, while the rest was shared among other countries.

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

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

Imports peas to Madagascar

Imports in kind, t

After a two-year drop, peas deliveries to Madagascar increased. In 2020, Madagascar imported 333.3 tons of peas, showing an increase of 26.1% compared to 2019. Between 2017 and 2020, imports decreased by 6.3%, equating to an annualized rate of 2.1%. The minimum value was recorded in 2019 at 264.2 tons, with the largest decline of 24.3% also occurring in that year.

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

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

After a two-year drop, peas shipments to Madagascar from abroad increased. In 2020, imports stood at 76 thousand US dollars, reflecting a solid rise of 20.1% versus the previous year. Between 2017 and 2020, imports decreased by 22.9%, equating to an annualized rate of 8.3%. The minimum value was recorded in 2019 at 63 thousand US dollars, with the largest decline of 30.0% also occurring in that year.

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

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

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