Key Market Indicators
Malaysia's import of metal products is projected to rise to approximately $537 million by 2028, up from around $521 million in 2023. This marks an average annual growth rate of 0.5%. Over the past several decades, since 1994, the demand for metal products in Malaysia has seen a steady increase of 0.8% per year. Conversely, Malaysia's export of metal products is expected to decline to roughly $125 million by 2028, down from about $150 million in 2023. This represents an average annual decrease of 2.9%. Since 1994, the country's export supply has been decreasing at an average rate of 1.7% per year.
