The export of apple juice from Malaysia has been on a constant decline since 2013. The value was at 3.7007 million kilograms in 2013, decreasing annually to 1.13 million kilograms in 2023. The year-on-year percentage variation highlights substantial drops, most notably in 2018 and 2023. The five-year CAGR from 2019 to 2023 stands at -11.97%, indicating a persistent negative trend. Forecasts suggest a continuing decline, reaching 0.5307 million kilograms by 2028.
Future trends to watch for:
- Market dynamics impacting apple juice demand globally.
- Economic policies and trade agreements affecting Malaysia's export capabilities.
- Potential growth in alternative markets for apple juice exports.