The import of mixtures of juices to Malaysia has shown varied trends over the years. In 2013, imports stood at 13.791 million USD, experiencing a significant drop in 2016 with a value of 10.037 million USD. The downward trend continued, with some fluctuations, until stabilizing around 9.7285 million USD in 2023. The most recent year-on-year variation shows a slight decline of 0.9% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) for the last five years has been approximately -1.23%, indicating a gradual decrease in imports.
Future forecasts suggest a gradual decline in the import of juice mixtures to Malaysia, with the 2028 value potentially decreasing to 9.2673 million USD. The projected five-year CAGR is -0.77%, with an overall forecasted growth rate over the next five years at -3.78%.
Future trends to watch for include:
• Potential shifts in consumer preferences towards locally sourced juices
• Changes in trade policies impacting import volumes
• Market adaptation to sustainability trends affecting packaging and importation practices
