India to Madagascar: Glibenclamide Export Trade Route
India has recorded 47 verified shipments of Glibenclamide exported to Madagascar, representing a combined trade value of $253.6K USD. This corridor is served by 8 active Indian exporters, with an average shipment value of $5.4K USD. The leading Indian exporter is CIPLA LIMITED, which accounts for 73% of total export value with 15 shipments worth $184.4K USD. On the buying side, OPHAM is the largest importer in Madagascar with $155.9K USD in purchases. The top 3 suppliers — CIPLA LIMITED, CIPLA LIMITED , CIRON DRUGS AND PHARMACEUTICALS PRIVATE LIMITED — together control 96% of total trade value on this route. All data sourced from Indian Customs (DGFT) shipping bill records. Values reported in FOB USD.
Route Intelligence Overview
The India to Madagascar Glibenclamide corridor is one of India's established pharmaceutical export routes, with 47 shipments documented worth a combined $253.6K USD. The route is dominated by CIPLA LIMITED, which alone accounts for roughly 73% of all export value, reflecting the consolidated nature of India's glibenclamide manufacturing sector.
Across 8 active suppliers, the average shipment value stands at $5.4K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 80% of all shipments, consistent with glibenclamide's non-urgent bulk-order profile.
Shipment activity peaks during October–December, with an average transit time of 18 days port-to-port. The route has recorded an annual growth rate of 26.8%, placing it at rank #19 among India's top glibenclamide export destinations globally.
On the import side, key buyers of Indian glibenclamide in Madagascar include OPHAM, SOMAPHAR SA , OPHAM and 10 others. OPHAM is the single largest importer with 8 shipments valued at $155.9K USD.
Route Characteristics
- Average transit18 days
- Peak seasonQ4
- Primary modeSea freight
- Top portNHAVA SHEVA SEA (INNSA1)
Market Position
- Global rank#19
- Annual growth+26.8%
- Demand growth+22.5%
- Regulatory ease83/100
Top 10 Indian Glibenclamide Exporters to Madagascar
Showing top 10 of 8 Indian suppliers exporting Glibenclamide to Madagascar, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | CIPLA LIMITED Avg $12.3K per shipment | 15 | $184.4K | 72.7% |
| 2 | CIPLA LIMITED Avg $4.2K per shipment | 12 | $50.7K | 20.0% |
| 3 | CIRON DRUGS AND PHARMACEUTICALS PRIVATE LIMITED Avg $1.4K per shipment | 7 | $9.6K | 3.8% |
| 4 | CIRON DRUGS AND PHARMACEUTICALS PRIVATE LIMITED Avg $1.5K per shipment | 3 | $4.4K | 1.7% |
| 5 | SWISS PARENTERALS LIMITED Avg $344 per shipment | 6 | $2.1K | 0.8% |
| 6 | ACCRESHA LIFECARE PRIVATE LIMITED Avg $1.3K per shipment | 1 | $1.3K | 0.5% |
| 7 | HOLDEN MEDICAL LABORATORIES PRIVATE LIMITED Avg $555 per shipment | 2 | $1.1K | 0.4% |
| 8 | KEPS MEDICARE Avg $67 per shipment | 1 | $67 | 0.0% |
This table shows the top 10 of 8 Indian companies exporting glibenclamide to Madagascar, ranked by total trade value. The listed exporters are: CIPLA LIMITED, CIPLA LIMITED , CIRON DRUGS AND PHARMACEUTICALS PRIVATE LIMITED, CIRON DRUGS AND PHARMACEUTICALS PRIVATE LIMITED , SWISS PARENTERALS LIMITED, ACCRESHA LIFECARE PRIVATE LIMITED, HOLDEN MEDICAL LABORATORIES PRIVATE LIMITED, KEPS MEDICARE. CIPLA LIMITED is the dominant supplier with 15 shipments worth $184.4K USD, giving it a 73% market share. The top 3 suppliers together account for 96% of the total trade value on this route.
Top 10 Glibenclamide Importers in Madagascar
Showing top 10 of 13 known buyers in Madagascar receiving Glibenclamide shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian glibenclamide in Madagascar include OPHAM, SOMAPHAR SA , OPHAM , SOMAPHAR SA, OPHAM ANDRIAMAHAZO BP, among 13 total buyers. The largest importer is OPHAM, accounting for $155.9K USD across 8 shipments — representing 61% of all glibenclamide imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | OPHAM | 8 | $155.9K | 61.5% |
| 2 | SOMAPHAR SA | 4 | $26.6K | 10.5% |
| 3 | OPHAM | 9 | $25.9K | 10.2% |
| 4 | SOMAPHAR SA | 6 | $24.1K | 9.5% |
| 5 | OPHAM ANDRIAMAHAZO BP | 2 | $5.3K | 2.1% |
| 6 | TO THE ORDER | 3 | $3.4K | 1.4% |
| 7 | TO THE ORDER OF | 7 | $3.4K | 1.3% |
| 8 | OPHAM ROUTE DIGUE ANDRANOAMBO ANDOHATAPENAKA | 1 | $2.6K | 1.0% |
| 9 | TO THE ORDER . | 2 | $2.6K | 1.0% |
| 10 | OPHAM SUITED ROUTE DIGUE ANDRANOAMBO LALANA GENERAL ANDRIAMAHAZO | 1 | $1.3K | 0.5% |
Showing top 10 of 13 Glibenclamide importers in Madagascar on this route.
Top 10 Glibenclamide Formulations Imported by Madagascar
Showing top 10 of 32 product formulations shipped on the India to Madagascar Glibenclamide route, ranked by trade value
Madagascar imports a wide range of glibenclamide formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — GLINIL 5MG TABLET (GLIBENCLAMIDE 5MG) [540(PACKS)X10X10'S] — accounts for $137.1K USD across 1 shipments. There are 32 distinct product descriptions in the dataset, reflecting the variety of dosage forms and strengths imported.
| Rank | Product Formulation | Shipments | Trade Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | GLINIL 5MG TABLET (GLIBENCLAMIDE 5MG) [540(PACKS)X10X10'S] | 1 | $137.1K | 54.1% |
| 2 | GLINIL 5MG TABLET (GLIBENCLAMIDE 5MG) [1 | 6 | $21.2K | 8.3% |
| 3 | GLINIL 5MG TABLET (GLIBENCLAMIDE 5MG) [4 | 2 | $18.2K | 7.2% |
| 4 | GLINIL 5MG TABLET GLIBENCLAMIDE 5MG [3 | 1 | $7.6K | 3.0% |
| 5 | GLINIL 5MG TABLET (GLIBENCLAMIDE 5MG) [1470(PACKS)X10X10'S] | 2 | $7.3K | 2.9% |
| 6 | GLINIL 5MG TABLET (GLIBENCLAMIDE 5MG) [3 | 1 | $7.1K | 2.8% |
| 7 | GLINIL 5MG TABLET (GLIBENCLAMIDE 5MG) [1050(PACKS)X10X10'S] | 2 | $4.9K | 1.9% |
| 8 | GLINIL 5MG TABLET (GLIBENCLAMIDE 5MG) [1890(PACKS)X10X10'S] | 1 | $4.7K | 1.8% |
| 9 | GLINIL 5MG TABLET (GLIBENCLAMIDE 5MG) [1 | 1 | $4.0K | 1.6% |
| 10 | GLINIL 5MG TABLET GLIBENCLAMIDE 5MG [1590PACKSX10X10'S] | 1 | $4.0K | 1.6% |
Showing top 10 of 32 Glibenclamide formulations imported by Madagascar on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 80%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
NHAVA SHEVA SEA (INNSA1) handles the highest volume with 20 shipments. Transit time averages 18 days by sea.
Market Dynamics
India's glibenclamide exports to Madagascar are driven primarily by a handful of large-scale manufacturers. CIPLA LIMITED with 15 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 8 active exporters signals a competitive but concentrated market — buyers in Madagascar benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — CIPLA LIMITED, CIPLA LIMITED , CIRON DRUGS AND PHARMACEUTICALS PRIVATE LIMITED — together account for 96% of total trade value on this route. The average shipment value of $5.4K USD reflects a mix of bulk commercial orders and smaller specialty shipments.
Beyond the primary product category, shipments on this route include closely related formulations such as glinil 5mg tablet (glibenclamide 5mg) [1 and glinil 5mg tablet (glibenclamide 5mg) [4 , suggesting that buyers in Madagascar tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, OPHAM is the largest importer with 8 shipments worth $155.9K USD — representing 61% of all glibenclamide imports from India on this route. A total of 13 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $253.6K
- Avg. Shipment
- $5.4K
- Suppliers
- 8
- Buyers
- 13
- Transit (Sea)
- ~18 days
- Annual Growth
- +26.8%
Related Analysis
Other Glibenclamide Routes
Unlock the Full India to Madagascar Glibenclamide Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 47 shipments on this route.
Frequently Asked Questions — India to Madagascar Glibenclamide Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Glibenclamide to Madagascar?
The leading Indian exporters of Glibenclamide to Madagascar are CIPLA LIMITED, CIPLA LIMITED , CIRON DRUGS AND PHARMACEUTICALS PRIVATE LIMITED. CIPLA LIMITED holds the largest market share at approximately 73% of total trade value on this route.
Q What is the total value of Glibenclamide exports from India to Madagascar?
India exports Glibenclamide to Madagascar worth approximately $253.6K USD across 47 recorded shipments. The average value per shipment is $5.4K USD.
Q Which ports does India use to ship Glibenclamide to Madagascar?
The most active port of origin is NHAVA SHEVA SEA (INNSA1) with 20 shipments. Indian exporters primarily use sea freight for this route, with 80% of shipments going by sea and 26% by air.
Q How long does shipping take from India to Madagascar for Glibenclamide?
The average transit time for Glibenclamide shipments from India to Madagascar is approximately 18 days. Sea freight typically takes longer, while air freight can reduce this significantly for urgent orders. Peak shipping activity is observed during October–December.
Q Is the India to Madagascar Glibenclamide trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 26.8% with demand growth tracking at 22.5%. The route is ranked #19 among India's top Glibenclamide export destinations globally.
Q How many suppliers are active on the India to Madagascar Glibenclamide route?
There are currently 8 active Indian suppliers exporting Glibenclamide to Madagascar. The market is moderately concentrated with CIPLA LIMITED accounting for 73% of total shipment value.
Q Who are the main importers of Glibenclamide from India in Madagascar?
The leading importers of Indian Glibenclamide in Madagascar include OPHAM, SOMAPHAR SA , OPHAM , SOMAPHAR SA, OPHAM ANDRIAMAHAZO BP. OPHAM is the largest buyer with 8 shipments worth $155.9K USD.
Official References & Regulatory Resources
- India Trade Statistics (DGFT)
- Invest India — Pharma Sector
- WCO HS Nomenclature
- Ministry of Commerce — Pharma Exports
- Pharmexcil
Data sourced from Indian Customs (DGFT) records. Verify regulatory and trade status with the agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records — the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Route Identification: India to Madagascar export trade corridor identified from Indian Customs (DGFT) records for Glibenclamide.
- 2.Supplier/Buyer Matching: 8 Indian exporters and 13 importers in Madagascar matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 47 verified shipping bill records. Values are FOB in USD.
- 4.Market Share Analysis: Each supplier and buyer contribution calculated as a percentage of total route value. Statistical normalization applied to ensure accurate representation across varying shipment sizes.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
47 Verified Shipments
8 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists