Key Market Indicators
Malaysia is set to witness a 2% annual growth in paint imports over the next five years, reaching nearly 928 thousand kilograms in 2026. Since 2005, demand for paint has decreased by 1.8% annually. Meanwhile, exports of paint from the country are expected to decline by 5.5% year on year CAGR over the same period, amounting to 12 thousand kilograms in 2026. Since 2005, Malaysian paint supplies have dropped by 9.7% year on year. In 2021, Malaysia was ranked 56th in the world for paint exports, with Jordan surpassing it at 16.5 thousand kilograms. The Czech Republic, Germany and Indonesia were ranked 2, 3 and 4 respectively.