The import of domestic electric coffee or tea makers to Malaysia in 2023 was valued at approximately 110.97 thousand units. From 2024 to 2028, a slight declining trend is observed in the forecasted import values, decreasing from 109.75 thousand units in 2024 to 105.04 thousand units in 2028. Year-on-year, the percentage variation shows a consistent decline of roughly 1-1.2%. Over the last five years, the compound annual growth rate (CAGR) indicates an average annual decrease of 1.3%.
Key future trends to watch for include potential improvements in domestic manufacturing capabilities, shifts in consumer preferences towards more sustainable or high-tech coffee and tea-making solutions, and changes in trade policies that may affect import volumes. Additionally, monitoring market demand shifts influenced by lifestyle changes and economic conditions will be crucial.
