The kaolin production in Malaysia has exhibited both significant fluctuations and periods of growth from 2013 to 2023. The production levels saw a sharp decline from 2013 through 2014 but started recovering thereafter, peaking dramatically in 2018. Despite a drop in 2019 and 2020, production regained momentum from 2021, reaching 457.47 thousand metric tons in 2023.
Year-on-year variation in recent years shows:
- 2022: 1.74%
- 2023: 1.68%
The Compound Annual Growth Rate (CAGR) for the last five years (up to 2023) has been modest at -1.61%, indicating overall stability and slight shrinkage in production. Looking forward, forecast data shows the kaolin production is expected to grow at a CAGR of 1.3% with a total growth rate of 6.68% over the next five years, reaching 496.89 thousand metric tons by 2028.
Future trends to watch for:
- The impact of technological advancements in kaolin extraction and processing.
- Potential increases in demand from the ceramics and paper industries.
- Environmental regulations and sustainable mining practices.
