Analysis indicates a volatile trend in Malaysia’s export value of cocoa powder and cocoa cake to China from 2013 to 2023, peaking at $44.03 million in 2013. Post-2013, there was a general downward trajectory until 2018, followed by a recovery phase between 2019 and 2021, with stabilized values around $36 million from 2020 onwards. In 2023, the export value stood at $36.28 million.
Year-on-year variations for the last two years show marginal declines of 0.085% and 0.083%. The five-year CAGR up to 2023 is 5.26%, indicating moderate annual growth.
Future trends to watch:
- Continued forecasted stability with a slight downward trend, as the five-year CAGR from 2024 to 2028 is projected at -0.06%.
- Market adjustments driven by broader economic factors, consumption patterns in China, and potential trade policies could impact these forecasts.
