The forecast for the import of corrugated sheets of asbestos and cellulose fibre cement to Malaysia indicates a steady upward trend from 2024 to 2028, beginning at 1.664 million USD in 2024 and reaching 1.9526 million USD by 2028. The year-on-year variation shows a consistent increase, with annual growth percentages averaging between 4.2% and 4.7% for each year. Analyzing the compound annual growth rate (CAGR) over this five-year period reveals an average yearly increase of approximately 4.6%.
Future trends to watch for include potential shifts in regulatory frameworks regarding asbestos use, advancements in alternative materials, and fluctuations in construction demand within Malaysia. Additionally, global economic conditions and trade policies could impact these forecasts significantly.
