The import value of vitamin concentrates and intermixtures of vitamins to Malaysia stood at $18.12 million in 2024. This value forecasts a steady growth over the next five years, reaching $19.799 million by 2028. Year-on-year growth rates are modest, with a consistent rise of around 2.4% to 2.6% annually. Looking back to 2023, the import value was $17.64 million, indicating an upward trend year-over-year.
Key Trends to Watch for:
- Increasing demand for health and wellness products influencing vitamin imports.
- Potential global supply chain challenges impacting availability and cost.
- Regulatory changes affecting import policies and costs.
