Key Market Indicators
Malaysia is set to see a 1.3% year-on-year growth in pump imports over the next five years, hitting 8.99 million kilograms by 2026. The country has seen an average 1.8% year-on-year growth in demand since 2005. In 2021, Malaysia was ranked 35th, with Kazakhstan coming in first with 8.31 million kilograms. The United States, Russia, and South Africa ranked second, third, and fourth, respectively. When it comes to pump exports, Malaysia is projected to reach 1.43 million kilograms by 2026, with a 3% annual growth rate since 2021. Since 2005, the country's supply has grown by 0.2% year-on-year. In 2021, Malaysia was ranked 39th, with Lithuania coming in first with 1.2 million kilograms. The Netherlands, Germany, and the United States ranked second, third, and fourth, respectively.
