Forecast: Import of Shingles and Shakes of Wood to Malaysia

Year-on-Year Variation (YoY):

  • 2024-2025: (71.79 - 68.91) / 68.91 * 100 = 4.18%
  • 2025-2026: (74.61 - 71.79) / 71.79 * 100 = 3.93%
  • 2026-2027: (77.37 - 74.61) / 74.61 * 100 = 3.70%
  • 2027-2028: (80.08 - 77.37) / 77.37 * 100 = 3.50%
Compound Annual Growth Rate (CAGR):
CAGR = [(80.08 / 68.91)^(1/4) - 1] * 100 ≈ 3.61%

The import forecast data indicates a consistent upward trend with a steady year-on-year increase in the range of 3.50% to 4.18%. Over a five-year period, the average annual growth rate is approximately 3.61%. Future trends to watch include changes in construction demand, availability of local alternatives, and potential shifts in import tariffs or trade policies that could impact the overall import volume.

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