In 2023, the sugar crops production in Malaysia was recorded at 31.14 thousand metric tons. The projected data shows a consistent increase over the next five years, with production expected to reach 32.14 thousand metric tons in 2024, followed by annual increments reaching 36.38 thousand metric tons by 2028. Year-on-year, the production is forecasted to grow by approximately 3.4% in 2024, 3.4% in 2025, 3.2% in 2026, 3.1% in 2027, and 2.9% in 2028. The compound annual growth rate (CAGR) for the period 2024 to 2028 is estimated at 1.9%.
Future trends to watch for include potential changes in government agricultural policies, shifts in global sugar prices, technological advancements in crop management, and climate change impacts on crop yields. Monitoring these factors will be crucial for accurate future projections and strategic planning in the sugar crop sector.
