The import volume of cocoa beans in Malaysia stood at 365.0 thousand metric tons in 2023. Forecasted data for 2024 predict an import volume of 370.0 thousand metric tons, marking a year-on-year increase of 1.37%. For 2025, the volume is expected to reach 373.0 thousand metric tons, reflecting a 0.81% increase from 2024. The upward trend continues through 2026, 2027, and 2028 with expected volumes of 377.0, 380.0, and 384.0 thousand metric tons respectively, showing steady increments of around 1% annually. Over the five forecasted years (2024-2028), the Compound Annual Growth Rate (CAGR) is approximately 1.03%.
Future trends to watch for include potential fluctuations in global cocoa supply, changes in international trade policies, and shifts in local demand for cocoa products. Economic factors and climatic changes affecting cocoa-producing countries could also significantly impact Malaysia's import volume.
