Market research

Taro market in Madagascar

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The physical volume of Madagascar's taro market remained highly stable between 2018 and 2023, fluctuating within a tight range around 234 thousand tons. The market size moved from 233.5 thousand tons in 2018 to 233.9 thousand tons in 2023, with a minor dip to 233.2 thousand tons in 2020 and a peak of 234.6 thousand tons in 2021.

In contrast, the market value experienced significant swings. It grew from 50.4 million US dollars in 2018 to 61.6 million in 2019, then declined slightly to 59.4 million in 2020 before jumping to 76.6 million in 2021. A sharp drop to 56.3 million followed in 2022, with a partial recovery to 64.4 million in 2023.

For 2024, the Malagasy government implemented policies to strengthen local production of essential agricultural products, including through the state-owned company SPM, and took measures to stabilize food prices by limiting imports and supporting domestic output. Additionally, regional logistical disruptions and weather conditions affected the availability and distribution of foodstuffs, which could influence the taro market.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. 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, K 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, K 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, K 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Madagascar in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Madagascar by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Madagascar in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Madagascar by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Madagascar, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Madagascar by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Madagascar in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Madagascar by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Madagascar in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Madagascar by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Madagascar, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Madagascar by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ 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 taro in Madagascar

In kind, 2017-2020, K t

From 2017 to 2020, Madagascar held the 7th position globally in taro production.

Top producers of taro, 2017-2020

Source: SHEV.io

World map of production of taro, 2017-2020

Source: SHEV.io

Madagascar's taro production volume grew for the third consecutive year. In 2020, the country produced 234.3 thousand tonnes of taro, which remained relatively stable compared to 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.1%	0.1%	0.1%	0.1%

Source: SHEV.io

In value, 2017-2020, K $ US

In 2020, Madagascar's taro output was valued at 59 631 thousand US dollars, showing a moderate decline of 3.4% from 2019. Between 2017 and 2020, production increased by 15.1%, equivalent to an annualized growth rate of 4.8%. The lowest value was recorded in 2018 at 50 525 thousand US dollars, while the highest was in 2019 at 61 743 thousand US dollars. The largest annual increase occurred in 2019, with a jump of 22.2%.

Annual dynamics of production in Madagascar in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.4%)	22.2%	(3.4%)	4.8%

Source: SHEV.io

Exports taro from Madagascar

Exports in kind, t

Taro exports from Madagascar rose for the third year in a row. In 2020, the country exported 1 070 tonnes of taro, marking an 89.7% increase compared to the previous year. Over the 2017-2020 period, exports grew by 175.8%, with a compound annual growth rate of 40.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.2%	34.4%	89.7%	40.2%

Source: SHEV.io

From 2017 to 2020, France and Comoros dominated Madagascar's taro exports in volume, together accounting for 100.0% of total shipments.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Madagascar's taro export value increased for the third consecutive year. In 2020, exports reached 272.5 thousand US dollars, reflecting a dramatic rise of 83.1% year-over-year. Between 2017 and 2020, export value surged by 216.9%, equating to an annualized growth rate of 46.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.5%	64.1%	83.1%	46.9%

Source: SHEV.io

During 2017-2020, the two main destinations for Madagascar's taro exports in value terms were France and Comoros, which together made up 100.0% of the total.

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

Source: SHEV.io

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

Source: SHEV.io