Based on the provided data, the forecast for corn exports in Malaysia from 2024 to 2028 is projected to remain constant at 11.0 thousand metric tons. In 2023, the actual export value was also 11.0 thousand metric tons. This indicates that the year-on-year variation for both 2024 and 2025 is 0%, and the CAGR for the last five years (2024-2028) also stands at 0%.
Future trends to watch for:
- Global market dynamics and trade policies that could impact Malaysia's export volumes.
- Domestic agricultural productivity and potential government policies or subsidies affecting corn production.
- Environmental factors and climate change that might affect crop yields in Malaysia and other corn-producing regions.
- Technological advancements in agriculture that could either enhance or reduce Malaysia's competitive edge in corn exports.