In 2023, Malaysia's import of frozen fish stood at a baseline value before entering the projected growth phase outlined in the data. Starting from 2024, the import value is forecasted to rise consistently year-over-year: from 280.49 million USD in 2024 to 303.54 million USD by 2028.
The year-on-year percentage variations are as follows:
- 2025: 2.12%
- 2026: 2.03%
- 2027: 1.95%
- 2028: 1.88%
The Compound Annual Growth Rate (CAGR) over the 2024-2028 period is approximately 2.00%.
Future trends to watch for include the impact of global supply chain dynamics, changes in fisheries' sustainability practices, and potential shifts in Malaysian government trade policies. These factors could influence the actual import volumes and values, either boosting or restraining the upward trend.
