The import of fertilizers to Malaysia has shown a declining trend from 2013 to 2028, with actual data till 2023 and forecasts till 2028. The year-on-year variations have generally been negative since 2015, signaling a consistent decrease in import values. The Compound Annual Growth Rate (CAGR) has fluctuated, with a notable decline in the forecast period from 2023 to 2028, indicated by a forecast 5-year CAGR of -0.55% and a growth rate of -2.72%. This suggests a continued, albeit slower, decrease in fertilizer imports to Malaysia over the next five years.
Future trends to watch include potential impacts of global supply chain adjustments, changes in domestic agricultural practices, and environmental policies influencing fertilizer use and import requirements in Malaysia.
