India to Madagascar: Glibenclamide Export Trade Route

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.

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.