The import of Nitrogen-Phosphorus-Potassium (NPK) fertilizers to Malaysia has experienced a declining trend from 2013 through to 2023. The value stood at 97.97 million USD in 2023, showing a year-on-year decrease of approximately -2.63%. The compound annual growth rate (CAGR) over the last five years is -1.74%. Key highlights include an initial steep drop between 2013 and 2016, moderated by occasional year-on-year increases such as in 2017. The projected CAGR for the next five years is -2.42%, indicating a continued decline in import values.

Future trends to watch for:

Global market prices for NPK fertilizers may influence the pace of imports.
Government policies on agriculture and potential subsidies could impact import levels.
Technological advancements in local fertilizer production might reduce dependency on imports.