In 2023, the import volume of ceramic roofing tiles to Malaysia stood at approximately 4.9051 million kilograms. Forecast data shows a downward trend from 2024 to 2028. The imports are expected to decrease year-on-year by -10.47% in 2025, -11.42% in 2026, -12.66% in 2027, and -14.21% in 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is expected to be around -11.32%, indicating a significant decline in imports over five years.
Future trends to watch for:
- Potential regional economic shifts that may influence construction demand.
- Technological advancements in alternative roofing materials.
- Changes in local manufacturing capabilities and government policies affecting imports.
- Environmental considerations and sustainability initiatives impacting construction practices.