From 2013 to 2023, the import of parts of semiconductor devices and similar devices to Malaysia exhibited fluctuating trends. The value peaked at $1.5342 billion in 2014, followed by a notable decline in 2015 and 2016. Post-2016, a gradual recovery was observed with some fluctuations, culminating in a value of $1.4346 billion in 2023. The recent two-year YoY variations show a modest increase, with 1.97% in 2022 and 1.89% in 2023. This reflects a stable to slightly positive market trend in recent years. The overall 5-year CAGR from 2018 to 2023 stands at 3%, indicating a moderate annual growth rate.

Future forecasts (2024-2028) show a gradual increase, with predictions peaking at $1.5737 billion by 2028. The forecasted 5-year CAGR from 2024 to 2028 is 1.46%, projecting steady growth.

Future trends to watch for:

Technological advancements driving demand for more sophisticated semiconductor components.
Potential supply chain disruptions influencing the import values.
Government policies and trade agreements impacting the semiconductor industry.