Key Market Indicators
Malagasy imports of electric generators are predicted to hit $920,000 by 2026, growing 3.4% annually from 2021's $751,000. Since 1995, demand for the power-generating devices has increased by 18%. In 2021, Madagascar was ranked 86th, with Qatar placing higher at 85th. Germany, Mexico and China were ranked second, third and fourth in the rankings, respectively. Exports of electric generators from Madagascar are expected to reach $95,000 by 2026, decreasing 1.5% year-on-year from 2021's $103,000. Since 1995, supplies have decreased by 27%. In 2021, Madagascar was in 68th place, with El Salvador higher at 67th. The United States, France and Japan were second, third and fourth in the rankings, respectively.
