Based on the forecasted data from 2024 to 2028, Malaysia's basic metals exports to Mongolia are expected to show a steady increase. Here are the forecasted values in thousand US dollars:
- 2024: 172.01
- 2025: 179.06 (4.10% YoY)
- 2026: 185.97 (3.86% YoY)
- 2027: 192.74 (3.64% YoY)
- 2028: 199.38 (3.45% YoY)
The Compound Annual Growth Rate (CAGR) over this 5-year period is approximately 3.76%.
Future Trends to Watch
Moving forward, key trends to monitor include global metal prices, trade policies between Malaysia and Mongolia, and industrial demand in Mongolia. These factors will significantly influence the growth trajectory of Malaysia's basic metals exports to Mongolia.
