The import of oral and dental hygiene preparations to Malaysia has experienced notable fluctuations over the years. From 2013 to 2023, there were significant variations, including a sharp decline in 2017 and a substantial increase in 2018. The import value stood at 13.161 million US dollars in 2023, reflecting a 2.71% year-on-year increase from 2022. This time frame also showed a positive average annual growth (CAGR) of 0.82% over the last five years.
Looking ahead from 2024 to 2028, forecasts suggest a moderate but steady growth in imports, with a forecasted CAGR of 2.03% over this period, culminating in a total import value of 14.974 million US dollars in 2028, representing an overall growth rate of 10.58%.
Future trends to watch for:
- Rising awareness and demand for oral and dental hygiene products as part of personal health priorities.
- Potential impact of economic factors and changes in trade policies affecting import volumes.
- Innovation and new product launches in the oral care industry driving import growth.