The forecasted data for the import of plasticised polyvinyl chloride (PVC) to Malaysia shows a consistent upward trend from 2024 to 2028, with values rising from $25.494 million in 2024 to $26.864 million in 2028. In 2023, the import value stood at $25 million. The year-on-year growth rate indicates a gradually increasing trend, with percentage variations over the last two years of 1.39% (2024-2025) and 1.34% (2025-2026). The Compound Annual Growth Rate (CAGR) over the last five years, including the forecast period, is approximately 1.34%, highlighting a steady annual increase in imports.
Future trends to watch for include:
- Global supply chain disruptions that could impact import volumes and costs.
- Changes in trade policies or tariffs that could affect import dynamics.
- Technological advancements and shifts in demand for plasticised PVC in various industries.
- Environmental regulations and sustainability initiatives influencing import patterns.
