Malaysia's ethylene export stood at 360 million kilograms in 2023 and is expected to reach 376.62 million kilograms in 2024, with a forecasted annual growth rate of around 4.6% to 5%. The projected export values for the subsequent years are 392.2 million kilograms in 2025, 407.47 million kilograms in 2026, 422.44 million kilograms in 2027, and 437.11 million kilograms in 2028. This illustrates a consistent year-on-year increase, suggesting a healthy growth trajectory for Malaysia's ethylene export market.
Future trends to watch for include global demand shifts due to economic fluctuations, advancements in ethylene production technology, regulatory changes affecting the petrochemical industry, and competitive dynamics within the global market. Monitoring these factors will be crucial to sustaining and potentially accelerating Malaysia's export growth in ethylene.
