Duck meat production in Malaysia has been on a consistent decline since 2013 when it stood at 160.39 thousand metric tons. By 2023, production had decreased to 49.36 thousand metric tons, a significant reduction highlighted by a year-on-year decline of 7.86% over the last year. The compound annual growth rate (CAGR) over the past five years is -5.69%. Forecasters predict continued declines, with a forecasted 5-year CAGR of -9.35%, anticipating a production level of 27.38 thousand metric tons by 2028, representing a 38.8% decrease from 2024.
Future trends to watch for:
• Economic shifts such as changes in consumer demand and purchasing power.
• The impact of new agricultural policies or subsidies.
• Technological advancements in farming practices and sustainability measures.
• Global market trends affecting export and import dynamics.
