| Year | Import Volume (Billion Kilograms) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 1.5688 | |
| 2025 | 1.6143 | 2.90% |
| 2026 | 1.6589 | 2.76% |
| 2027 | 1.7026 | 2.63% |
| 2028 | 1.7455 | 2.52% |
Compound Annual Growth Rate (CAGR): 2.70% per year over the forecasted period (2024-2028).
The import of agglomerated iron ore and concentrate to Malaysia shows a consistent increase with a CAGR of 2.70% over the next five years. Significant trends to watch include changes in global iron ore supply chains, domestic demand for steel production, and potential trade policy shifts. Monitoring these factors will be essential for predicting future import volumes accurately.
