The import value of fluoro-polymers to Malaysia has shown notable fluctuations between 2013 and 2023. With considerable increases in 2014 (23.54%) and 2017 (56.38%), the market witnessed significant growth. However, years like 2015 and 2016 exhibited declines of -13.52% and -10.02% respectively. Notably, the most recent actual data point for 2023 indicates an import value of 13.337 million USD, marking a 3.89% rise from the previous year. The past five years’ compound annual growth rate (CAGR) stands at 3.67%, indicating moderate growth in recent periods.

Future trends to watch for include:

Projected steady growth with a forecasted 5-year CAGR of 2.82% until 2028.
Anticipated growth rate of 14.93% over the next five years indicating positive momentum in the market.
Potential impacts of technological advancements and industrial demand influencing import values.