Based on the given data, the supply of fish meal in Malaysia shows steady growth from 2024 to 2028, increasing from 143.0 thousand metric tons to 150.0 thousand metric tons. The year-on-year variations are approximately 1.4% for 2025, 0.7% for 2026, 1.4% for 2027, and 1.4% for 2028. The compound annual growth rate (CAGR) for the period of 2024 to 2028 is around 1.2%, indicating a consistent upward trend in supply.
Future trends to watch for include:
- Potential impacts of environmental regulations on fish meal production.
- Developments in alternative protein sources which could affect fish meal demand.
- Changes in global fishmeal market conditions and their effects on Malaysian supply.