The import of prepared or preserved citrus fruits to Malaysia has shown a significant decline from 3.6294 million kilograms in 2013 to 1.3722 million kilograms in 2023, resulting in a negative compound annual growth rate (CAGR) over the years. Year-on-year percentage variations indicate a consistent downward trend, with a notable decrease of 5.14% in 2023. Over the last five years, the average annual decline rate stands at -4.68%, highlighting a persistent reduction in import volumes.
Forecasts predict a continuation of this declining trend, with volumes anticipated to reduce further to 0.98376 million kilograms by 2028. The forecasted five-year CAGR is -5.28%, with a total anticipated decline of 23.77% over this period.
Future trends to watch for include possible shifts in domestic citrus production capabilities, changes in consumer preferences towards fresh rather than preserved fruits, and international trade policy adjustments that might affect import volumes.
