Forecast: Import of Equipment for Gymnastics, Sports, Outdoor Games to Malaysia

The import of equipment for gymnastics, sports, and outdoor games to Malaysia showed variable trends from 2013 to 2023. The value stood at 189.81 million USD in 2023, demonstrating a modest year-on-year increase of 2.02%. Over the past two years, the year-on-year variations were 2.02% for 2023 and 2.11% for 2022. The last 5-year CAGR was relatively steady at 0.94%, noting an overall increase in import value from 169.37 million USD in 2020.

Future trends to watch for include continued growth with a forecasted CAGR of 1.55% over the next five years, leading to an expected value of 209.47 million USD by 2028. This indicates a stable but slow upward trajectory in the import of sports equipment to Malaysia.