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October 2025 Global Price Watch

October 2025 Global Price Watch

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  • Key Messages
  • Key Messages
    • In East Africa, staple food prices generally decreased in September, driven by improved availability from dry and green harvests and price-setting policies. Price declines were observed in Tanzania's consumption areas, Kenya's unimodal production zones, and Burundi's surplus markets, although prices remained elevated compared to the previous year in several countries. Prices increased in conflict- and flood-affected areas, including North Darfur in Sudan, Baidoa in Somalia, Ethiopia's northern and southern zones due to late rains, and Burundi's deficit markets. Livestock prices were mixed across the region as improved body conditions from better rangeland were offset by seasonal supply declines.
    • In Southern Africa, staple food prices showed mixed trends in September, with significant year-over-year declines in major surplus-producing countries contrasted by elevated prices in import-dependent markets. South Africa, Zambia, and Mozambique recorded prices approximately 30 percent below the previous year's levels due to slower exports, a strong production recovery, and currency appreciation. However, Malawi's limited maize availability pushed prices 76 percent above the previous year. Tanzania recorded unusually high prices despite record harvests, and Madagascar experienced price spikes due to disruptions caused by sociopolitical crises.
    • In West Africa, staple food prices declined, driven by the start of harvests and government interventions such as subsidized cereal sales in Niger and import waivers in Nigeria. Prices were below last year’s levels and close to the five-year average. Localized price anomalies persisted in parts of Burkina Faso, Mali, Chad, and Cameroon, where insecurity, trade route blockades, and high transportation costs continue to drive above-average prices. In Nigeria, easing inflation and seasonal supplies have driven consistent price moderation. Prices are expected to remain seasonally low through December/January due to ongoing harvests.
    • In Central America, white maize prices were stable in Guatemala and Honduras but increased in El Salvador, while imports supported a close to average supply. Black bean prices remained stable in Guatemala due to higher import volumes, and red bean prices showed mixed trends across the region, influenced by below average carryover stocks. In Haiti, insecurity continues to constrain market operations. Local and imported staple food prices were stable due to improved availability. The price of imported foods such as wheat flour, vegetable oil, and rice remained stable due to easing international cereal prices and currency stability.
    • In the Middle East, Europe, and Asia, post-harvest price stability in Afghanistan was supported by currency appreciation, steady imports, and lower tariffs, while localized increases in a few provinces reflected supply shortfalls from the north. In Yemen, IRG-controlled areas experienced price decreases driven by improved macroeconomic conditions, while SBA-controlled markets remained under strict price controls and had adequate stock levels. In Gaza, aid inflows temporarily eased prices, whereas in the West Bank, markets functioned normally with stable prices.
    • International markets showed mixed trends in September, with maize prices rising three percent due to EU heat stress, while rice prices fell 30-40 percent below last year’s levels due to high global supply. Wheat prices declined slightly on stronger EU and Australian production. Crude oil remained stable at 68 USD/bbl. Fertilizer prices were mixed, with urea down nine percent and ammonia up eight percent.

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    Recommended citation: FEWS NET. Global Price Watch October 31, 2025: October 2025 Global Price Watch, 2025.

    Price Watch offers a monthly summary and outlook on global, regional and national trends of key commodity prices in FEWS NET countries. Analysis may touch on global issues, such as fuel prices or exchange rates, if they are likely to influence staple food prices in FEWS NET countries. The accompanying Price Watch Annex details price trends by country.

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