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Madagascar Plastic Industry Outlook 2022 - 2026

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

Key Market Indicators

Malagasy plastic imports are expected to reach around $163 million by 2026, up from $138 million in 2021. This is an average growth rate of 2.5% annually since 1995. In 2021, Madagascar was the 110th largest importer; Togo overtook them at $138 million. The United States, Germany and France were the 2nd, 3rd and 4th biggest importers, respectively. Exports of Malagasy plastic are projected to hit $19 million by 2026, up from $14 million in 2021. This is an average annual growth rate of 3.9% since 1995. In 2021, Madagascar was the 99th largest exporter; Zambia overtook them at $14 million. The United States, Germany and South Korea were the 2nd, 3rd and 4th biggest exporters, respectively.

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Madagascar Plastic Market Data and Forecasts

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