The forecast for orange supply in Malaysia shows a gradual increase from 122.87 thousand metric tons in 2024 to 127.02 thousand metric tons in 2028. In 2023, the orange supply stood at 121.75 thousand metric tons. Year-on-year analysis indicates a consistent growth pattern with an approximate increase of 0.85% from 2023 to 2024, and trends suggest a similar annual growth rate of around 0.85% to 1.02% for subsequent years. The compound annual growth rate (CAGR) for the period from 2023 to 2028 is estimated to be around 0.85%.
Future Trends to Watch For:
Factors to monitor include potential impacts of climate change on orange production, evolving consumer preferences for fresh versus processed oranges, and any shifts in trade policies that may affect the supply chain. Additionally, advancements in agricultural technology and practices could either enhance productivity or pose new challenges that should be considered.