Key Market Indicators
Glass exports from Malaysia are set to reach $1.4 billion by 2026, up from $1.2 billion in 2021, with an average year-on-year growth rate of 2.2%. Since 1994, Malaysian supply of glass has increased by 7.7% each year. In 2021, Malaysia was the 15th largest exporter, with the United Kingdom taking the lead with exports worth $1.2 billion. Germany, the United States, and France ranked second, third, and fourth respectively. Meanwhile, Malaysia's glass imports are projected to reach $1.2 billion by 2026, increasing from $1.1 billion in 2021 at an average rate of 2% year-on-year. Since 1994, Malaysia's glass demand has been up 3.5% annually. Last year, the country was the 17th largest importer, with Austria leading with imports worth $1.1 billion. China, Germany, and France followed in second, third, and fourth place.
