Forecast: Chicken Meat Supply in Malaysia

The supply of chicken meat in Malaysia for the year 2023 stood at 1.76 million metric tons. Looking at the forecasted data, the supply is expected to rise steadily each year: 1.8 million metric tons in 2024, 1.84 million metric tons in 2025, 1.87 million metric tons in 2026, 1.9 million metric tons in 2027, and 1.93 million metric tons in 2028.

Year-on-year variations show an increase of:

2.3% from 2023 to 2024

2.2% from 2024 to 2025

1.6% from 2025 to 2026

1.6% from 2026 to 2027

1.6% from 2027 to 2028

The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.95%, indicating a stable growth trend.

Future trends to watch for include advancements in poultry farming technology, changes in domestic and global demand, feed cost fluctuations, and potential regulatory impacts on the poultry industry. Monitoring these factors will be crucial for accurately projecting future supply dynamics in Malaysia's chicken meat market.