The import value of manganese oxides to Malaysia demonstrates significant fluctuation between 2013 and 2023. Notable changes include sharp increases in 2014 (41.17%) and 2017 (50.02%), but also notable decreases, such as in 2015 (-44.68%) and 2020 (-13.78%). From 2019 to 2023, the value tends to stabilize with moderate growth rates, standing at $12.931 million in 2023. Over the past five years, the CAGR has averaged 3.5%.
Looking forward, the import value is forecasted to grow steadily through 2028, with a modest 5-year CAGR of 2.41%, indicating a stable yet cautious market outlook. Future trends to watch include potential changes in global supply chains, advancements in manganese applications, and domestic demand fluctuations in Malaysia.
