The import of 2,2-Oxydiethanol (Diethylene Glycol) to Malaysia stood at 2.798 million USD in 2023. The forecasted values indicate a consistent upward trend from 2024 through 2028. Year-on-year variations show a steady increase: a 3.09% rise from 2024 to 2025, followed by approximately 2.94% between 2025 and 2026, and a slight uptrend of about 2.80% from 2026 to 2027. The largest forecasted increase of 2.67% occurs from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) is approximately 2.91%.
Future trends to watch for include fluctuations in global diethylene glycol prices, potential changes in Malaysia’s import regulations, and economic conditions impacting industrial demand. The continued urbanization and industrial expansion within Malaysia could sustain the growing demand for diethylene glycol. Monitoring global supply chain dynamics will also be crucial.
