Malaysia's pork production has fluctuated over the past decade, with an observed dip in 2016 and subsequent recovery. In 2023, the production volume stood at 223.0 thousand metric tons, showing a modest year-on-year increase of 0.45%. The average annual variation over the past five years (CAGR) was slightly negative at -0.089%. From 2018 to 2023, fluctuations included a notable decline of 4.57% in 2020 and a rebound of 5.26% in 2021.
Looking ahead to 2028, the forecasted 5-year CAGR is a mild 0.16%, indicating a very modest growth rate of around 0.8% over this period. Future trends to watch include factors such as shifts in consumer preferences, potential shifts in agricultural policy, technological advancements in agriculture, and potential impacts from environmental policies or health crises. These factors could significantly impact the forecast trajectory.
