Key Market Indicators
Malagasy fertilizer imports are projected to reach 38,910 metric tons by 2026. This is up from 31,870 metric tons in 2021, an average annual growth rate of 3.4%. Since 2007, demand for fertilizer in Madagascar has grown at an average rate of 8.4% each year. In 2021, the country was ranked 72nd in the world for fertilizer imports. Lebanon overtook Madagascar that year, importing 31,870 metric tons. Brazil, Spain, and Thailand ranked second, third, and fourth respectively.
