Key Market Indicators
Import of cotton into Madagascar is projected to rise to $168.5 million by 2026. This represents a 2.2% year-on-year average growth rate since 1995. Malagasy cotton production is expected to decrease by 1.4% year-on-year CAGR, to reach $6 million in PPP terms in 2026. This marks a 1.8% annual decline since 1966. In 2021, Madagascar was ranked 48th in terms of cotton production, with Yemen ahead of it at $6 million in PPP terms. China, the United States, and Pakistan came in 2nd, 3rd, and 4th, respectively.
