Key Market Indicators
The Malagasy musical instrument import and export markets are set to reach $781,440 and $1,410 respectively by 2026. This is an increase of 2.2% year on year for imports and a decrease of 34.3% year on year for exports. Angola outranked the country in imports at $684,840, while Qatar outranked the country in exports at $13,440. Germany, China, the United States, and Japan were the top four countries in the respective rankings. Since 1995, the Malagasy demand has decreased by 3.1% year on year, while the supply has declined by 13.3% year on year.
