The import of ethylene to Malaysia is forecasted to experience a gradual decline from 2024 to 2028. The values start at 33.507 million USD in 2024 and decrease to 32.796 million USD by 2028. This decreasing trend indicates a year-on-year variation of approximately -0.55% to -0.67%. Compared to 2023, the value stood at 33.692 million USD, suggesting a consistent year-on-year decline.
Key future trends to watch for include:
- Potential shifts in global ethylene supply chains that may affect Malaysia's import needs.
- Domestic ethylene production changes that could reduce dependency on imports.
- Market demand fluctuations within Malaysia that may impact the volume of imports required.