Key Market Indicators
Exports of Diagnostic Reagents from Madagascar are anticipated to reach $26.9 million by 2026, up from $23.7 million in 2021. That's an average growth rate of 2% year-on-year. Since 2005, Malagasy supply has increased 5.2% annually. In 2021, Madagascar was ranked 101st, with Antigua and Barbuda ahead at $23.7 million. Germany, the Netherlands, and the United Kingdom followed in 2nd, 3rd, and 4th place respectively. Imports of Diagnostic Reagents to Madagascar are expected to reach $9.6 million by 2026, from $7.9 million in 2021. That's an average compound annual growth rate of 2.9%. Since 1995, Malagasy demand has risen 13.8% per year. In 2021, Madagascar was 105th, with Senegal ahead at $7.9 million. Germany, China, and the Netherlands followed in 2nd, 3rd, and 4th place respectively.
