Key Market Indicators
Malagasy plastic packaging exports are projected to reach nearly $3 million by 2026, up 1.5% from 2021. In 1995, the nation's supply dropped 0.7% year-over-year. In 2021, the country ranked 102nd in the world, behind Malawi at $2.6 million. The United States, Germany, and France were ranked 2nd, 3rd and 4th respectively. Malagasy plastic packaging imports are anticipated to hit $33 million by 2026, up 2.5% from 2021. From 1995 to 2021, demand rose 5.2% annually. In 2021, the nation ranked 104th in the world, behind Malta at $29 million. Germany, France, and Mexico were 2nd, 3rd, and 4th in the ranking.
