The import of tableware and kitchenware of porcelain or china to Malaysia stood at 21.75 million USD in 2023. The forecasted data indicates a steady increase in imports, with values expected to reach 23.213 million USD by 2028. Analyzing this trend, the year-on-year variation shows an increase of approximately 1.36% from 2024 to 2025, 1.31% from 2025 to 2026, 1.27% from 2026 to 2027, and 1.23% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately 1.37%.
Future trends to watch for:
- Changes in consumer preferences towards other materials like stainless steel or glass.
- Potential tariff adjustments or trade policies impacting the cost and volume of imports.
- Economic factors influencing consumer spending power and market demand in Malaysia.
- Trends in global supply chain issues that could affect import capacity or pricing.
