Key Market Indicators
Exports of Malagasy metal products are projected to decline to approximately $340,000 by 2028, down from around $353,000 in 2023. This represents an average annual decrease of 0.6%. Despite this downward trend, the country's supply of metal products has increased by an average of 3.7% per year since 1995. On the other hand, imports of metal products into Madagascar are expected to rise to nearly $10 million by 2028, up from about $9.8 million in 2023. This reflects a modest average annual growth rate of 0.3%. Since 1995, the demand for metal products in Madagascar has seen a slight annual increase of 0.1%.
