Forecast: Import of Basic Dyes and Preparations Based Thereon to Malaysia

From 2013 to 2023, Malaysia's import volume of basic dyes and preparations has experienced fluctuations, culminating at 645.6 thousand kilograms in 2023. Year-on-year variations included significant increases such as 40.07% in 2016 and declines like -21.28% in 2015. A notable rise was seen again in 2021 and 2022, with 18.52% and 8.8%, respectively. The most recent year-on-year increase for 2023 was 3.18%. The compound annual growth rate (CAGR) over the last five years (2018-2023) was 3.51%.

Future trends to watch for:

  • Continued moderate growth with a forecasted 5-year CAGR of 2.37% from 2024 to 2028.
  • An anticipated total growth rate of 12.4% over the same period.
  • Potential market influences such as global supply chain dynamics, raw material costs, and regional economic policies.

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