The data reveals a fluctuating trend in the export of fruit juices from Malaysia over the past decade. From 2013 to 2023, the export value decreased initially, then experienced some recovery from 2018 onwards. In 2023, the exports stood at 38.281 million US Dollars, representing a modest year-on-year increase of 1.23%. The Compound Annual Growth Rate (CAGR) over the past five years was minimal at 0.39%. Forecasts for 2024 and onwards indicate a steady upward trajectory, with a forecasted 5-year CAGR of 0.97% and an overall growth rate of 4.95% by 2028.
Future trends to watch for include:
• Potential market developments or economic conditions that could impact fruit juice demand.
• Technological improvements or product innovations in fruit juice processing and packaging.
• Changes in global trade policies or tariffs affecting Malaysia's export competitiveness.
