Forecast: Import of Brooms and Brushes to Malaysia

The data shows a continuous increase in the import values of brooms and brushes to Malaysia from 2024 to 2028. In 2023, the actual import value stood at $107.63 million USD. The year-on-year variation for 2024 is approximately 3.63%, for 2025 is 3.89%, for 2026 is 3.68%, for 2027 is 3.47%, and for 2028 is 3.30%. On average, the compound annual growth rate (CAGR) over the five-year period is projected to be around 3.59%.

Future trends to watch for include shifts in global supply chains, potential trade regulations, and changes in consumer preferences towards sustainable and eco-friendly products. Monitoring these factors will be essential for understanding the future landscape of broom and brush imports to Malaysia.