Key Market Indicators
Malagasy came in at number 80 in 2021, with Suriname ahead with 3,092,000 Kilograms. India, the United States and Indonesia respectively were numbers 2, 3 and 4 in this ranking. Malagasy insecticide exports are projected to hit 74,000 kilograms by 2026, up from 56,000 kilograms in 2021. This represents an average annual growth rate of 4.4%. Since 1995, the supply of insecticides from Madagascar has risen by 94%. In 2021, the country was ranked 80th, while Suriname was ahead with 56,000 kilograms. India, the United States and Indonesia respectively were the second, third and fourth largest exporters. Malagasy insecticide imports are expected to reach 3.5 million kilograms by 2026, up from 3.1 million kilograms in 2021. This represents an average annual growth rate of 1.9%. Since 1995, the demand for insecticides in Madagascar has increased by 4.3%. In 2021, the country ranked 80th, with Suriname ahead with 3.1 million kilograms. India, the United States and Indonesia respectively were the second, third and fourth largest importers.
