The import of ferro-alloys to Malaysia has seen significant fluctuations over the years. From a peak of $102.44 million in 2013, imports dropped to their lowest at $42.075 million in 2016. This was followed by a resurgence in 2017 and 2018, but since 2019, imports have generally trended downward. In 2023, the import value stood at $74.38 million, reflecting a -2.79% year-on-year decrease from 2022. Over the last five years, the compound annual growth rate (CAGR) has been -5.51%, indicating a declining trend from 2018 to 2023.

Looking ahead, the forecast up to 2028 suggests a continued decrease in imports, with a forecasted five-year CAGR of -2.57% and an overall decline of 12.22%. By 2028, the import value is expected to drop to $63.237 million.

Trends to watch for:

The potential impact of global supply chain disruptions and how they could further affect ferro-alloy imports.
Changes in domestic ferro-alloy production and its impact on import reliance.
Fluctuations in global ferro-alloy prices and how they influence import values.