Data Overview:
- 2024: $18.24 Thousand
- 2025: $14.39 Thousand
- 2026: $10.61 Thousand
- 2027: $6.92 Thousand
- 2028: $3.29 Thousand
Year-on-Year Variation:
- 2025: -21.09%
- 2026: -26.26%
- 2027: -34.78%
- 2028: -52.47%
Compound Annual Growth Rate (CAGR) from 2024 to 2028: -32.25%
Future Trends to Watch
The import of coir floor coverings to Malaysia shows a sharp declining trend over the next five years. Key factors influencing this trend may include shifts in consumer preferences, increasing local production, changes in import policies, or rising costs. Monitoring these aspects will be crucial to understanding market dynamics.
