Key Market Indicators
Madagascar is projected to see a decline in its computer hardware imports, with figures expected to drop from nearly $1.8 million in 2023 to approximately $1.5 million by 2028. This represents an annual decrease of around 3%. The country's demand for computer hardware has been on a downward trend since 1995, with an average annual decline of 3%. On the export front, Madagascar's computer hardware sector is also facing challenges. Exports are anticipated to plummet from about $19,000 in 2016 to just over $1,200 by 2021, marking a drastic annual decrease of 38%. Despite this recent downturn, the country has seen a significant long-term growth in supply, averaging an annual increase of over 34% since 1995.
