Forecast: Green Coffee Import in Malaysia

In analyzing the forecasted data for green coffee imports in Malaysia, it is observed that the year 2024 begins with a projected import volume of 1.46 million bags of 60 kg each. These figures show a slight decline over the following years, with imports stabilizing at 1.44 million bags by 2027 and 2028. The data indicates that the import volume is expected to decrease marginally year on year:

• From 2024 to 2025, there is a projected decrease of approximately 0.68%.

• From 2025 to 2026, the import volume remains constant, implying a 0% change.

• From 2026 to 2027, another slight decline of around 0.69% is projected.

• From 2027 to 2028, the volume remains stable, resulting in no change.

Comparing with actual data from 2023, the initial import volume for 2024 shows a possible increase from the previous year—however, this analysis does not specify the exact figure from 2023. Considering the five-year data, the forecasted Compound Annual Growth Rate (CAGR) indicates a minimal yearly decline.

Future trends to watch for:

• Changes in global coffee prices and their impact on import volumes.

• Potential shifts in consumer preferences towards alternatives like instant coffee or other beverages.

• Economic factors that could influence purchasing power and demand for imported coffee.

• Developments in local coffee production that might affect dependency on imports.