The forecasted chicory and lettuce yield in Malaysia displays a steady upward trend from 2024 to 2028. In 2023, the yield was noted at 175.44 Thousand Hectograms Per Hectare. The year-on-year increase shows a consistent growth pattern, with forecasted yields rising incrementally towards 176.92 Thousand Hectograms Per Hectare by 2028. Specifically, the variation percentages stand at:
- 2024: 0.17%
- 2025: 0.17%
- 2026: 0.18%
- 2027: 0.16%
- 2028: 0.16%
Over the last two years from 2022 to 2023, the CAGR (Compound Annual Growth Rate) is calculated to be around 0.17%, indicating a modest but steady increase in yield per annum.
Future trends to watch for include potential impacts of technological advancements in agricultural practices, climate changes, and policy shifts that may either positively or negatively affect yield outputs. Continuous monitoring of these factors is crucial for accurate future forecasts.
