From 2013 to 2017, Malaysia experienced a declining trend in the import of prepared or preserved fruit mixtures, with year-on-year decreases reaching up to 27.92% in 2015. However, a sharp 51.76% increase occurred in 2018, signaling potential market fluctuations. More stable growth re-emerged between 2019 and 2023, with minor annual variations and an average import value standing at 4.9373 million US dollars in 2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 shows a mild decline of 0.33%.
Looking forward, from 2024 to 2028, Malaysia's import of prepared or preserved fruit mixtures is forecasted to grow modestly, at a 5-year CAGR of 1.03%, reaching up to 5.2704 million US dollars by 2028. This indicates a cautious yet positive growth trajectory, reflecting gradual market recovery and potential stability in consumer demand.
Future trends to watch for:
- Changes in consumer preferences towards fresh versus preserved fruit.
- Impact of trade policies and tariffs on import costs.
- Economic factors influencing household disposable income and spending behavior.
