Madagascar Alcoholic Drink Industry Outlook 2022 - 2026

Key Market Indicators

The country ranked number 37 in 2021, Bulgaria came ahead at $2,371,500. Italy, New Zealand and France respectively were numbers 2, 3 and 4 in this ranking. Malagasy consumption of alcoholic drinks is set to dip to 4.41 thousand metric tons by 2026, down 2.7% from 5 thousand metric tons in 2021. This marks a fall of 5.9% since 2017. In 2021, the country ranked 97th, behind Cyprus, India, Japan and Russia. Exports of Malagasy alcoholic drinks are forecast to drop to $1,555,800 by 2026, a decrease of 7% from $2,371,500 in 2021. This marks a decline of 8.5% since 1995. In 2021, the country ranked 37th, behind Bulgaria, Italy, New Zealand and France.

Madagascar Alcoholic Drink Market Data and Forecasts

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