| Product Code: ETC5146230 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Madagascar foundry market witnessed a steady increase in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of 9.51%. Notably, there was a significant decline in the year-on-year growth rate in 2024, showing a decrease of -60.98% compared to the previous year.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Madagascar Foundry Market Overview |
3.1 Madagascar Country Macro Economic Indicators |
3.2 Madagascar Foundry Market Revenues & Volume, 2021 & 2031F |
3.3 Madagascar Foundry Market - Industry Life Cycle |
3.4 Madagascar Foundry Market - Porter's Five Forces |
3.5 Madagascar Foundry Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Madagascar Foundry Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Madagascar Foundry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction sector leading to increased demand for metal castings. |
4.2.2 Government initiatives to promote industrialization and manufacturing activities. |
4.2.3 Technological advancements in the foundry industry improving efficiency and quality of production. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Lack of skilled labor in the foundry industry hindering growth. |
4.3.3 Environmental regulations and sustainability concerns affecting operations. |
5 Madagascar Foundry Market Trends |
6 Madagascar Foundry Market Segmentations |
6.1 Madagascar Foundry Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Madagascar Foundry Market Revenues & Volume, By Ferrous, 2021-2031F |
6.1.3 Madagascar Foundry Market Revenues & Volume, By Non-Ferrous, 2021-2031F |
6.2 Madagascar Foundry Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Madagascar Foundry Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.3 Madagascar Foundry Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Madagascar Foundry Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Madagascar Foundry Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
7 Madagascar Foundry Market Import-Export Trade Statistics |
7.1 Madagascar Foundry Market Export to Major Countries |
7.2 Madagascar Foundry Market Imports from Major Countries |
8 Madagascar Foundry Market Key Performance Indicators |
8.1 Percentage of capacity utilization in Madagascar foundries. |
8.2 Rate of adoption of advanced technologies in the foundry market. |
8.3 Number of new product developments and innovations in the foundry sector. |
8.4 Energy efficiency and waste reduction measures implemented in foundry operations. |
9 Madagascar Foundry Market - Opportunity Assessment |
9.1 Madagascar Foundry Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Madagascar Foundry Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Madagascar Foundry Market - Competitive Landscape |
10.1 Madagascar Foundry Market Revenue Share, By Companies, 2024 |
10.2 Madagascar Foundry Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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