Key Market Indicators
Madagascar is poised to see its grains production rise to approximately 4.65 million metric tons by 2028, up from around 4.49 million metric tons in 2023. This represents a steady annual growth rate of 0.5%. Since 1966, the country's grain supply has increased by an average of 1.1% per year. In 2023, Madagascar ranked 60th globally in grains production, overtaken by Ghana, which also produced approximately 4.49 million metric tons. The United States, India, and Brazil occupied the top three spots in the global ranking for grains production, respectively.
