Year-on-Year Variations (%): 2024-2025: 3.04%, 2025-2026: 2.89%, 2026-2027: 2.75%, 2027-2028: 2.63%
Compound Annual Growth Rate (CAGR): 2024-2028: 2.83%
Over the forecast period, the import of taps, cocks, valves, and similar appliances to Malaysia is expected to grow steadily. Future trends to watch include technological advancements in manufacturing, economic policies affecting trade, and fluctuations in raw material costs. Monitoring these factors could provide insights into potential accelerations or decelerations in growth.
