Key Market Indicators
Malagasy bitumen exports are expected to hit 1,680 kilograms by 2026, up a meager 0.1% from 2021’s 1,650 kilograms, according to data from the past seven years. In 2014, the country’s supply had decreased by 27.1% year on year. In 2021, Malagasy came in 71st place, with Israel overtaking them at 1,650 kilograms. Belgium, Canada and Trinidad and Tobago followed in second, third and fourth place respectively. Meanwhile, imports are predicted to plunge 23.6% to 39,800 kilograms by 2026 from 171,850 kilograms in 2021. Since 1995, Malagasy demand has risen 470.8% year on year. They ranked 100th in 2021, with Croatia surpassing them at 171,850 kilograms. Egypt, Oman and Canada took second, third and fourth place respectively.
