Key Market Indicators
The Malagasy glass import is predicted to grow to around $45.3 million by 2026, a 3.3% year-on-year increase from 2021's figure of $37.2 million. Since 1995, Malagasy demand for glass has grown by 10.5% year on year. In 2021, Malagasy was the 96th largest importer of glass, with Tanzania ahead at $37.2 million. China, Germany and France were the second, third and fourth largest importers respectively. Malagasy glass export is projected to fall to $56.1 million by 2026, a 0.8% decrease from 2021's figure of $58.7 million. Since 1995, Malagasy supply of glass has grown by 3.3% year on year. In 2021, Malagasy was the 125th largest exporter of glass, with Saint Kitts and Nevis overtaking at $58.7 million. Germany, the United States and France were the second, third and fourth largest exporters respectively.