In 2023, Malaysia imported natural fluorine minerals worth 11.19 million USD. From 2024 to 2028, the forecasted import values show a gradual decline each year, starting at 10.912 million USD in 2024 and decreasing to 9.8777 million USD in 2028. The year-on-year percentage variations indicate consistent decreases, reflecting a trend of diminishing reliance or demand for these minerals over time. Specifically, from 2024 to 2025, there is a -2.44% decrease; from 2025 to 2026, the decrease is -2.46%; from 2026 to 2027, it’s -2.45%, and from 2027 to 2028, it is -2.48%. The cumulative average growth rate (CAGR) over this five-year period is -2.46%.
Future trends to watch for include advancements in alternative materials or technologies that may further reduce the demand for natural fluorine minerals. Additionally, monitoring changes in Malaysia's industrial needs and regulations around mineral imports could provide insights into future import behaviors.
