Key Market Indicators
**Malagasy DC Motor Exports to Rise to $36,000 by 2028** Antananarivo, Madagascar – The export of DC motors from Madagascar is projected to reach approximately $36,000 by 2028, up from around $30,000 in 2023. This growth represents an average annual increase of 2.5%. Despite this positive trend, Madagascar's supply of DC motors has seen a slight annual decline of 0.2% since 2000. In the global ranking for DC motor exports, Madagascar was positioned at 69th place in 2023, with Egypt leading at the same export value of $30,000. Germany, the United States, and France secured the 2nd, 3rd, and 4th spots, respectively. **Malagasy DC Motor Imports to Decline by 2028** Conversely, the import of DC motors to Madagascar is anticipated to decrease significantly. By 2028, imports are expected to drop to roughly $155,000 from $233,000 in 2023, marking a steep annual decline of 6.4%. This downward trend follows a long-term decrease in demand, with an annual reduction of 7.6% since 1995.
