Key Market Indicators
Malaysia is set to import sheep to the tune of $9 million by 2026. It was just over $7.9 million in 2021, growing at an average rate of 2.1% year on year. However, since 1994, the country's demand has decreased by an average of 5.7% year on year. In 2021, it came in at number 20, with Belgium overtaking Malaysia at $7.9 million. Qatar, Kuwait and Israel ranked 2, 3 and 4 respectively in this ranking.