The export volume of oranges and mandarines in Malaysia has exhibited fluctuations over the years. Actual data show that from 2014 to 2017, there was a general increase, peaking at 31.0 thousand metric tons in 2017. However, a significant decrease occurred in 2018, dropping to 23.0 thousand metric tons. The subsequent years from 2019 to 2022 saw a relatively stable but low volume of around 24 to 25 thousand metric tons. The year-on-year variation for 2023 was 0%, with the Compound Annual Growth Rate (CAGR) over the last five years being insignificant at 0.85%.
For 2024 through 2028, the forecast indicates a continuing trend of steady export volumes. The forecasted figures suggest a minor decline, maintaining around 23 to 24 thousand metric tons, with an expected average annual decrease of -0.85% and a cumulative decline of -4.17% over the five years.
Future trends to watch for include potential impacts of climate change on crop yields, shifts in international demand, and trade policies that could affect export volumes. Technological advancements in agriculture and changes in global supply chains might also influence the market dynamics.
