The table grape distribution in Malaysia saw notable fluctuations from 2013 to 2023. In the last two years, 2021 experienced a decline of -6.25%, followed by another drop of -4.76% in 2022. However, in 2023, there was a modest recovery with an increase of 2.97%, bringing the volume to 41.19 thousand metric tons. The compound annual growth rate (CAGR) over the past five years stands at 2.17%, reflecting a slight overall upward trend.
Future projections indicate continued growth with a CAGR of 1.34% from 2024 to 2028, resulting in a forecasted value of 44.82 thousand metric tons by 2028.
Trends to watch for include:
- Potential impact of trade policies and agreements on grape imports and distribution.
- Changes in consumer preferences and demand for table grapes.
- Technological advancements in storage and transportation that could improve grape quality and shelf life.
- Environmental factors affecting grape production globally which could influence supply.
