In 2023, Malaysia's soybean supply stood at 876 thousand metric tons. Based on the forecasted data, the supply is expected to increase steadily to 888 thousand metric tons in 2024, 900 thousand metric tons in 2025, 911 thousand metric tons in 2026, 922 thousand metric tons in 2027, and 933 thousand metric tons in 2028. The year-on-year variation shows a consistent growth of approximately 1.35%. Over the last five years, the compound annual growth rate (CAGR) stands at 1.27%.
Future trends to watch for include changes in global soybean market dynamics affecting import prices, government policies on agricultural imports, technological advancements in soybean cultivation, and domestic demand shifts driven by the food and feed industries.
