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Madagascar Musical Instrument Industry Outlook 2022 - 2026

See how Madagascar Musical Instrument performed compared to key markets such as the United States, Germany and China.

Key Market Indicators

The Malagasy musical instrument import and export markets are set to reach $781,440 and $1,410 respectively by 2026. This is an increase of 2.2% year on year for imports and a decrease of 34.3% year on year for exports. Angola outranked the country in imports at $684,840, while Qatar outranked the country in exports at $13,440. Germany, China, the United States, and Japan were the top four countries in the respective rankings. Since 1995, the Malagasy demand has decreased by 3.1% year on year, while the supply has declined by 13.3% year on year.

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Madagascar Musical Instrument Market Data and Forecasts