Key Market Indicators
In 2021, the country ranked number 60 and the United States ranked first with 8 million Kilograms. Japan, France and the United Kingdom respectively came in numbers 2, 3 and 4 in this ranking. Vitamin sales are expected to reach $32.6 million by 2026, a 2.3% year-on-year growth rate. This is in addition to the 6.4% year-on-year increase in the market between 2020 and 2021. The United Kingdom, Australia and India ranked second, third and fourth respectively. Malagasy Vitamin exports are projected to reach 1,430 kilograms in 2026, a 4.2% year-on-year average rate since 2007. This places the country at number 84 in 2021, behind Ivory Coast which exported 1,110 kilograms. Germany, India and the United States were numbers two, three and four respectively. Malagasy Vitamin imports are expected to reach 949,270 kilograms in 2026, a 3% year-on-year average rate since 1995. In 2021, the country ranked 60th, with the United States coming in first with 8 million kilograms. Japan, France and the United Kingdom respectively were numbers two, three and four in this ranking.
