Key Market Indicators
Consumption of wine in Madagascar is projected to reach 8,690 metric tons by 2026, down 0.5% from 9,000 metric tons in 2021. Since 2017, demand has remained unchanged. In 2021, Madagascar was ranked 64th, with Guinea-Bissau surpassing it at 9,000 metric tons. France, the US and Italy respectively took the second, third and fourth places in the ranking. Meanwhile, production of wine in Madagascar is estimated to reach 8,310 metric tons by 2026, a 0.4% increase from 8,120 metric tons in 2021. Since 1966, supplies have grown by 0.6% annually. In 2021, Madagascar ranked 48th, with Armenia taking the lead at 8,120 metric tons. France, Spain and the US ranked second, third and fourth respectively.
Madagascar Wine Market Data and Forecasts
How much will Madagascar Wine Market grow to 2026?
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