The import of disperse dyes and preparations based thereon to Malaysia has shown fluctuations over the years, with actual volumes peaking significantly in 2018 at 1078.2 thousand kilograms before seeing a slight decline and then rebounding to 1194.2 thousand kilograms in 2023. Key observations include a sharp annual increase of 23.19% in 2018, a minor dip of 2.57% in 2019, and a recovery in 2021 with an 18.27% increase compared to the previous year. The average annual growth rate over the last five years (2019-2023) stood at 2.06%. Forecasts suggest a steady growth with a compound annual growth rate (CAGR) of 2.25% extending to 2028, predicting a growth rate of 11.75% over the five years.
Future trends to watch for include:
- Potential impact of global supply chain disruptions on imports.
- Shifts in demand driven by technological advancements in textile manufacturing.
- Environmental regulations affecting dye production and import procedures.
