The import of Ethylene-Vinyl Acetate Copolymers to Malaysia has experienced significant fluctuations from 2013 to 2023. In 2023, the import volume stood at 24.66 million kilograms. Over the years, the imports peaked in 2013 and then followed a general downward trend, with notable declines in 2014, 2015, and 2020. However, there were intermittent increases in some years such as 2017, 2019, and 2021. Based on data from the last five years, the Compound Annual Growth Rate (CAGR) was a small positive at 0.6%.
From 2024 to 2028, the forecast suggests a very slight decline with a negative CAGR of -0.04%. The year-on-year variation for the forecast period shows minimal changes, indicating a stabilizing trend in import volumes.
Future trends to watch for include:
- Technological advancements in alternative materials and their impact on the demand for Ethylene-Vinyl Acetate Copolymers.
- Shifts in global trade policies and their influence on Malaysia's import strategies.
- Environmental regulations and sustainability efforts that might affect the production and consumption of copolymers.
