In 2023, the import value of sawdust and wood waste and scrap to Malaysia was at 7.3 million kilograms. Forecasted data indicates a steady increase in imports from 2024 to 2028. In 2024, imports are expected to reach 7.6085 million kilograms, reflecting a 4.21% year-on-year increase from 2023. By 2025, imports are projected to grow by 4.36%, totaling 7.94 million kilograms. The trend continues with a 4.10% increase to 8.265 million kilograms in 2026, 3.85% increase to 8.5834 million kilograms in 2027, and a 3.64% rise to reach 8.8955 million kilograms in 2028. The compound annual growth rate (CAGR) over this period is anticipated to be approximately 4.03%.
Future trends to watch for include potential changes in global supply chains for wood waste and scrap, Malaysia's domestic demand for sustainable and recycled materials, and any regulatory changes impacting the import of such materials. Additionally, advancements in recycling technologies and increased emphasis on environmental sustainability could further influence the import volume and value of these materials.
