In 2023, the cotton supply in Malaysia stood at 1.72 million units (480 lb. Bales). The forecasted data from 2024 to 2028 shows a steady increase in supply. From 2024 to 2025, the supply is expected to grow by approximately 1.71%, and a similar year-on-year growth of around 1.69% is anticipated for subsequent years, leading to a compound annual growth rate (CAGR) of about 1.69% over the five-year period.
Future trends to watch for:
- Global demand fluctuations affecting local supply dynamics.
- Technological advancements in cotton farming improving productivity.
- Climate change impacts on crop yields.
- Trade policies and international relations influencing cotton imports and exports.