Key Market Indicators
Malagasy bus imports are set to reach around $11 million by 2026. This figure is up 1.9% compared to 2021, when it was $9.6 million. Annually, imports have increased 9.7% since 1995. Exports of Malagasy buses plummeted 66.5% year-on-year in 2021, falling to $7,590 from $22,640 in 2020. Since 1996, the country's supply of buses has decreased by 52.7% on an annual basis. Malagasy buses ranked 108th, with Burkina Faso overtaking them in 2021 with $7,590. China, Germany, and Poland were the next three highest ranked countries.