The forecasted demand for maize in Malaysia indicates a gradual increase from 2024 to 2028, starting at 4.34 million metric tons in 2024 and reaching 4.39 million metric tons by 2028. This represents a steady year-on-year growth of approximately 0.23% between 2024 and 2025, remaining consistent at around 0.23% through to 2028. In 2023, the actual maize demand stood at 4.33 million metric tons. Over the last five years, from 2023 to 2028, the compound annual growth rate (CAGR) of maize demand is about 0.28%.
Key trends to watch for in the future include potential impacts of climate change on agricultural productivity, shifts in local and global maize supply chains, and changes in domestic consumption patterns due to socioeconomic factors. Additionally, monitoring technological advancements in farming practices and their adoption rates will be crucial in understanding future demand variations.
