The import of fresh or chilled mushrooms to Malaysia has shown a steady increase from 2013 to 2023. In 2023, the volume reached 10.84 million kilograms. Over the last two years, the year-on-year variation was +3.84% in 2022 and +3.62% in 2023. The last five-year CAGR stands at 3.34%, indicating moderate but consistent growth. Future forecasts from 2024 to 2028 predict a continued increase, with a projected 5-year CAGR of 2.4%, resulting in a 12.6% growth rate by 2028.
Key future trends to watch for:
- Changing consumer preferences towards fresh produce.
- Potential trade policy changes impacting imports.
- Advancements in agricultural technologies and domestic production capabilities.
Monitoring these factors will be critical in accurately forecasting future import behaviours and market demands.
