The import of Polymers of Propylene to Malaysia saw noticeable fluctuations over the past decade. In 2023, the recorded import value was USD 815.24 million. Between 2013 and 2014, there was a remarkable surge (83.96%), followed by a more variable pattern. Notably, from 2015 to 2020, the market experienced volatility, including notable declines in 2016 (-15.06%) and 2020 (-13.8%). However, positive rebounds occurred in 2021 (18.63%) and 2022 (8.89%). The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was recorded at 4.24%, reflecting a moderate upward trend.

Future trends to watch:

Steady growth projected up to 2028 with a 5-year forecast CAGR of 2.42%.
Potential market influences include global price fluctuations and regional demand changes for Polymers of Propylene.
Environmental regulations and advancements in recycling technology may alter import patterns.