Table grape consumption in Malaysia has shown significant volatility over the years, with values fluctuating from a low of 28.7 thousand metric tons in 2014 to a high of 44.8 thousand metric tons in 2020. The year 2023 saw domestic consumption standing at 41.19 thousand metric tons, reflecting a modest growth of 2.97% over the previous year. The last five-year CAGR (2023 as base year) is projected at 2.17%, indicating a steady but slow upward trend. Forecasted data suggest a gradual increase reaching 44.82 thousand metric tons by 2028, with a forecasted 5-year CAGR of 1.34% and an overall growth rate of 6.9%.
Future trends to watch for:
- Potential impacts of climate change on grape production, affecting supply and price.
- Changes in consumer preferences and dietary trends that may influence grape consumption.
- Economic factors such as changes in disposable income and import policies impacting overall demand.
- Technological advancements in grape storage and distribution improving market availability.