Madagascar vanilla price today (2026)
Four different prices circulate for "vanilla" — farmgate green, government floor, export FOB and retail. This tracker reconciles them in one table, each price shown in Ariary, dollars and euros at today's rate. The floor price is sourced; the rest are dated ranges.
Verified 2026-07-02 · FX: Interbank rate updated 2 Jul 06:00 UTC (2h ago)
Vanilla price in Madagascar today
The only "firm" price is the government floor: 10,000 Ar/kg for green vanilla over 13 cm and 5,000 Ar/kg below (Council of Ministers, ~June 2026). The farmgate spot price swings widely by region and season: recently reported around 1,500–3,000 Ar/kg, verify locally.
Floor reinstated for GREEN vanilla after a liberalized (no-floor) 2024–25 season. The EXPORT price floor was separately lifted (liberalized). Check the latest MICC circular. Source: commerce.mg / MICC (via 2424.mg, moov.mg) (Council of Ministers, ~25 June 2026).
Floor-price tracker (history) →Vanilla price in USD, EUR and Ariary
Each price converted to Ariary, dollars and euros at today's rate. The floor is a hard number; the others are dated indicative ranges.
| Layer | Price / kg (Ar · $ · €) | Source / date |
|---|---|---|
Green vanilla (farmgate, spot) indicative range | 1,500 Ar · $0.35 · €0.31 → 3,000 Ar · $0.70 · €0.62 | presse / réseaux SAVA (à vérifier) · 2026 Recently-reported range; wide variance by region and campaign opening (opening asks topped 200,000 Ar/kg in boom years). Indicative — verify locally. |
Government floor price (green > 13 cm) sourced number | 10,000 Ar · $2.35 · €2.07 | commerce.mg / MICC (2424.mg) · 2026-06 Hard, sourced number (Council of Ministers, ~25 June 2026). 5,000 Ar/kg for pods < 13 cm. |
Export FOB Toamasina (cured, Grade A) indicative range | 596,543 Ar · $140 · €124 → 1,107,865 Ar · $260 · €230 | Tridge / Procurement Resource / escale-bleue (indicatif) · 2026 Indicative market range for cured Grade A/Gourmet (16 cm+). Grade B/extraction: ~$50–150/kg. Verify with an exporter. |
Retail shelf (cured) indicative range | 1,688,663 Ar · $396 · €350 → 9,649,500 Ar · $2,265 · €2,000 | détaillants en ligne (indicatif) · 2026 Shelf price varies widely by packaging and brand. Indicative. |
The FX conversion is exact (today's rate, Interbank rate updated 2 Jul 06:00 UTC (2h ago)). The vanilla price is a sourced range, never an invented spot price.
Why is Madagascar vanilla so expensive?
It takes about 6–8 kg of green vanilla to make 1 kg of cured vanilla. Green is paid to the grower in Ariary; cured sells in FOB dollars at Toamasina, then in euros on European shelves. That transformation — plus months of manual curing, hand-pollination and several middlemen — is what explains the gap between a farmgate price of a few thousand Ariary and a shelf price of several hundred euros per kilo.
How many kg of green vanilla make 1 kg cured?
Enter a green-vanilla quantity and a farmgate price — it converts to Ariary/USD/EUR and estimates the cured vanilla produced and its indicative FOB value.
Yield: 6–8 kg of green → 1 kg of cured. The FX conversion is exact (today's rate); the FOB value is an INDICATIVE market range (Grade A $140–$260/kg), not a guaranteed price.
Frequently asked questions
Green vanilla is the freshly-harvested pod, paid to the grower in Ariary. Cured vanilla is that pod blanched, sweated and dried over months, sold for export in FOB dollars. It takes about 6–8 kg of green to make 1 kg of cured.
10,000 Ariary/kg for green vanilla > 13 cm and 5,000 Ar/kg for shorter pods, reinstated by the Council of Ministers in late June 2026 after a liberalized 2024-25 season. Source: commerce.mg / MICC.
Not always: growers in the SAVA region have reported purchases below the floor in past seasons. It is a regulatory obligation, not a market guarantee — check the price actually paid in your area.