Key Market Indicators
Malaysia's glass fiber imports will drop by around 18% by 2026, from 2.5 million kilograms in 2021 to 831,000 kilograms. This follows a 15% decrease since 1994. Meanwhile, Malaysian glass fiber exports are forecast to rise by 2.4% per year on average, from 25.3 million kilograms in 2021 to 29.2 million kilograms in 2026. This follows a 11% increase since 1994. The United Kingdom was the largest importer of Malaysian glass fiber in 2021, with 25.3 million kilograms. Belgium, Germany and Saudi Arabia were the next largest importers in this ranking.
