The export volume of vegetable oils in Malaysia has seen fluctuations over the past decade. In 2023, the export volume was 16.49 million metric tons. Although there were peaks and troughs, the overall trend has leaned towards a decline. Over the last two years, the export volume showed slight decrements, with a year-on-year variation of -0.64% in both 2022 and 2023. Analyzing over the last five years, the compound annual growth rate (CAGR) stands at -1.05%.

Future trends to watch for include:

Decreasing export volumes through to 2028, with a forecasted CAGR of -0.54%.
Potential impacts of global market demands and environmental policies on export volumes.
Technological advances in agriculture which might mitigate or exacerbate the decline.