Key Market Indicators
Malagasy soup exports are projected to reach 2,350 tonnes by 2026, up from 1,980 in 2021. This is an average annual growth rate of 2.9%. Since 2005, Malagasy exports have risen by 18.8% each year. The country ranked 101st in 2021, with Moldova overtaking it at 1,980 tonnes. Canada, Senegal and Germany were placed second, third and fourth in this ranking. Malagasy soup imports are predicted to reach 3,278,400 tonnes by 2026, up from 2,582,900 in 2021. This is an average growth rate of 3.9% each year. Since 1995, Malagasy demand has risen by 29.7%. The country was ranked 50th in 2021, with Togo overtaking it at 2,582,900 tonnes. The Netherlands, Germany and the United Kingdom were placed second, third and fourth in this ranking.
