Market research

Beef, sheep or goat fat market in Madagascar

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

In 2018, the market for beef, sheep or goat fat in Madagascar reached 2,639 t, coinciding with active sector development. The BoViMa project to build a modern slaughterhouse for export and the involvement of SMAH in developing supply chains for the Chinese market laid a foundation for production. Legislation such as mandatory cattle identification with microchips also helped organize the sector.

By 2020, the market volume dropped to 1,847 t. This period saw reported difficulties in implementing World Bank-supported projects, including BoViMa, due to food security and water resource issues. These challenges likely disrupted expansion plans, leading to reduced production and imports.

After 2020, the market gradually recovered, reaching 2,073 t in 2023. While specific annual drivers are not cited, the sector's adaptation and volatile but substantial import levels contributed to the overall rebound.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Madagascar
  1. 5.1.1. Annual dynamics of production in Madagascar in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Madagascar in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Madagascar in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Madagascar by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Madagascar in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Madagascar by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Madagascar, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Madagascar by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Madagascar in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Madagascar by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Madagascar in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Madagascar by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Madagascar, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Madagascar by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production beef, sheep or goat fat in Madagascar

In kind, 2017-2020, t

Top producers of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

World map of production of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

In 2020, Madagascar produced 1,196 tonnes of beef, sheep, or goat fat, marking a 13.3% year-over-year decline. Over the period from 2017 to 2020, production fell by 23%, with a compound annual growth rate of -8.3%. The largest increase occurred in 2019, at 1.1%.

Annual dynamics of production in Madagascar in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(12.2%)	1.1%	(13.3%)	(8.3%)

Source: SHEV.io

Exports beef, sheep or goat fat from Madagascar

According to industry reports, Madagascar did not export any beef, sheep, or goat fat from 2017 to 2020.

Imports beef, sheep or goat fat to Madagascar

Imports in kind, t

Madagascar's imports of beef, sheep, or goat fat declined for the second consecutive year. In 2020, import volume reached 651 tonnes, a 43.2% decrease from the previous year. Between 2017 and 2020, imports dropped by 45%, equating to an annualized rate of -18.1%. The highest import volume was recorded in 2018 at 1,274 tonnes, with the largest increase that year at 7.6%.

Annual dynamics of product's imports to Madagascar in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.6%	(10.0%)	(43.2%)	(18.1%)

Source: SHEV.io

From 2017 to 2020, the partner base for imports in kind was extremely narrow, with Australia accounting for 100.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Madagascar in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Madagascar's imports of beef, sheep, or goat fat declined for the third consecutive year. In 2020, import value reached 675 thousand US dollars, a 28.8% decrease from the previous year. Between 2017 and 2020, imports fell by 40%, equating to an annualized rate of -15.6%.

Annual dynamics of product's imports to Madagascar in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.4%)	(14.5%)	(28.8%)	(15.6%)

Source: SHEV.io

From 2017 to 2020, the country structure of imports in value terms was highly concentrated, with Australia alone responsible for 100.0% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Madagascar in value, 2017-2020

Source: SHEV.io