The import of synthetic organic pigments and preps based thereon to Malaysia has shown considerable fluctuation from 2013 to 2023. In 2023, the import value stood at $75.846 million, reflecting a year-on-year increase of 0.62% and a five-year CAGR of 0.71%. The import values have seen declines and recoveries over the years, with significant decreases in 2020 due to external factors impacting global trade. The period from 2021 to 2023 highlights a stabilization and slight growth in import values.
Future trends to watch for include potential impacts of global supply chain disruptions, economic policy changes, and shifts in demand for pigments across industries. Close attention should be paid to technological advancements and environmental regulations that could influence import volumes and values.
