Key Market Indicators
In 2022, Madagascar's fuel imports remained stable at approximately 0.3 cubic meters, mirroring the volume recorded in 2021. Looking ahead, the country's fuel exports are projected to increase significantly. By 2028, exports are expected to reach around 424 cubic meters, up from 346 cubic meters in 2023. This marks an annual growth rate of 3.2%. Since 2016, Madagascar's fuel supply has shown a steady annual increase of 2.6%, indicating a consistent upward trend in the nation's fuel production capabilities.
