Forecast: Import of Coconuts, Brazil Nuts and Cashew Nuts to Madagascar

In 2023, the import value of coconuts, Brazil nuts, and cashew nuts to Madagascar was at USD XX.XX thousand. Forecasted data from 2024 to 2028 show a steady increase in the import value, starting at USD 80.03 thousand in 2024 and reaching USD 88.97 thousand by 2028. The year-on-year growth maintains a consistent upward trend, averaging around 2.4% annually.

The Compound Annual Growth Rate (CAGR) for the 2024-2028 period stands at approximately 2.4%, reflecting a stable market demand and potential for further growth in this sector.

Future trends to watch for:

  • Potential fluctuations in global nut prices that may impact import values.
  • Changes in local consumption patterns owing to economic shifts or dietary trends.
  • The impact of any alterations in trade agreements or import tariffs that could affect cost and demand.

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