Key Market Indicators
Malagasy aircraft parts imports are projected to reach $3.3 million by 2026, a 3% average annual growth from the $2.7 million figure in 2021. The country saw zero percent growth in demand since 1995. In 2021, Malagasy ranked 92nd, with Cameroon overtaking at $2.7 million. France, Germany and Singapore came in second, third and fourth respectively. Malagasy aircraft parts exports are set to reach $1.9 million by 2026, a 4.2% growth rate annually compared to the $1.5 million in 2021. Supply has jumped 23.2% year-on-year since 1995. Malagasy was number 75 in 2021, with Seychelles overtaking at $1.5 million. Germany, Singapore and France were second, third and fourth respectively.