The import of Aluminium Fluoride to Malaysia has shown a significant upward trend over the years. From 2013 to 2023, the value of imports increased from $2.6616 million to $28.396 million, reflecting robust growth. The past two years indicated a moderate year-on-year growth of 6.2% in 2022 and 5.72% in 2023. Over the last five years, the compound annual growth rate (CAGR) was 4.3%. The forecast period from 2024 to 2028 suggests continued growth with a forecasted 5-year CAGR of 3.9% and an overall increase of 21.08%.
Future trends to watch for include:
- Potential supply chain disruptions which could impact growth rates.
- Fluctuations in global Aluminium Fluoride prices.
- Industrial demand trends within Malaysia’s aluminum sector.
- Government policies affecting import tariffs and trade regulations.
- Technological advancements in production processes and materials.
