The crustacean export volume in Malaysia experienced significant fluctuations between 2014 and 2023. In 2023, the volume stood at 84.96 thousand metric tons, marking a modest year-on-year increase of 0.75%. While there were years of substantial growth, such as a 68.18% increase in 2017, the trend also witnessed notable declines, particularly in 2015 and 2020. Over the last five years, the average annual growth rate (CAGR) was relatively stable at 0.083%.

Looking ahead, the forecasted period from 2024 to 2028 suggests a steady increase in export volume, with a forecasted five-year CAGR of 0.62%, accumulating a growth rate of 3.13%. This indicates a stable but gradual upward trend in the coming years.

Future trends to watch for:

Potential market disruptions or economic changes impacting global demand for crustaceans.
Developments in aquaculture and sustainable fishing practices that could influence production volumes.
Trade policies and international relations affecting export capacities and market access.