Madagascar Price Bulletin, October 2024 – Madagascar

Madagascar Price Bulletin, October 2024 – Madagascar
Madagascar Price Bulletin, October 2024 – Madagascar

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Please note that prices for September 2024 are based on a three-week average instead of the standard monthly average. The Famine Early Warning Systems Network monitors price trends for staple foods in countries vulnerable to food insecurity. For each FEWS NET country and region, the Price Bulletin provides a set of tables showing monthly prices for the current campaign in selected urban centers and allowing users to compare current trends to both five-year prices in average, an indication of seasonal trends, and prices from the previous year.

Locally produced rice is the most important staple food for households in northern and central Madagascar. Imported rice is a less preferred substitute, but often consumed by poor households, as it is cheaper than locally produced rice and expands in volume during cooking. Dried cassava is the main staple food in the south, although it is consumed in other parts of the country during the lean season when household food stocks are low. Corn is the third most important staple food and the second most consumed cereal in Madagascar. Harvests of cereals and tubers generally take place between May and July. The peak of the main lean period is in February. Antananarivo, the capital, is the largest urban market and is the main hub for the country’s commodity food trading networks. Antananarivo is a net consumer of staple foods and is supplied by imports from the port of Toamasina and key surplus production areas throughout the country. Antsirabe, the second urban market, is located in the surplus rice production area of ​​Vakinankaratra and one of the markets that supplies Antananarivo. Located on the eastern coast, Toamasina is Madagascar’s main port city, where a large quantity of imported products arrive before being marketed throughout the country. The south of Madagascar including the markets of Ambovombe, Tsihombe, Amboasary and Fianarantsoa, ​​are the main suppliers of cassava and corn.

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