Forecast: Export of Dried Fruits from Malaysia

The export of dried fruits from Malaysia exhibited significant fluctuations from 2013 to 2023, with initial growth spiking in 2015 by 59.66%, followed by a decline. By 2023, the export value stabilized at 2.5781 million USD. From 2018, the CAGR was negative at -3.33%, turning positive to 4.54% in 2023. Year-on-year variations show a general decline post-2016, except for improvements in 2019 and slight gains in 2023.

Future forecasts indicate a modest growth, with a projected CAGR of 0.34% and a total growth rate of 1.71% by 2028. This suggests a steady but slow increase in export values, stabilizing the market from past volatility.

Future trends to watch include changes in global demand for dried fruits, potential impacts of environmental factors on production, and shifts in trade policies that may affect export dynamics. Additionally, innovations in food preservation may play a significant role in shaping market growth.

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