Data Overview (in Thousand Kilograms):
- 2024: 191.94
- 2025: 187.96
- 2026: 184.05
- 2027: 180.23
- 2028: 176.48
Analysis of year-on-year percentage variations:
- 2024 to 2025: -2.07%
- 2025 to 2026: -2.08%
- 2026 to 2027: -2.08%
- 2027 to 2028: -2.08%
Compound Annual Growth Rate (CAGR) over the last 5 years: -2.08%
The forecasted data indicates a consistent downward trend in the import of scarifiers, cultivators, weeders, and hoes to Malaysia, with a CAGR of -2.08%. Factors to monitor include technological advancements, shifts in domestic agricultural practices, and economic policies impacting trade.
