Key Market Indicators
Demand for Malagasy pasta is set to increase over the next five years. By 2026, it is expected to reach $38.8 million, growing at an average rate of 3% annually since 2021. The country was number 43 in 2021, with Mexico in the lead at $32.4 million. Germany, France and the UK held the second, third and fourth spots in the ranking, respectively. The country's pasta exports have dropped 26.7% since 2020 to nearly $1.1 million in 2021. However, since 1995, Malagasy supply has risen by 17.9% year-on-year. In 2021, Aruba was first in the ranking with $1.1 million, followed by China, South Korea and Thailand in second, third and fourth place, respectively.