In 2023, the corn supply in Malaysia stood at 4.02 million metric tons.
From 2024 to 2028, forecasted data indicates a gradual increase in the corn supply:
-2024: 4.05 million metric tons
-2025: 4.08 million metric tons
-2026: 4.11 million metric tons
-2027: 4.13 million metric tons
-2028: 4.16 million metric tons
Year-on-year percentage variations show:
-From 2022 to 2023: Small increase
-From 2023 to 2024: 0.75%
-From 2024 to 2025: 0.74%
-From 2025 to 2026: 0.74%
-From 2026 to 2027: 0.49%
-From 2027 to 2028: 0.73%
Compound Annual Growth Rate (CAGR) from 2023 to 2028 is around 0.69%.
Future trends to watch for:
-Climate change impacts on agricultural yield.
-Technological advancements in farming methods.
-Global and regional trade policies affecting import and export.
-Economic conditions influencing both demand and production capabilities.
