From 2013 to 2023, the aquaculture production of marine and partly-marine species in Malaysia showed significant volatility but generally trended upwards. The highest year-on-year increase was 127.09% in 2019, followed by robust growth of 52.33% in 2020. By 2023, the value stood at 3610.0 Million US Dollars with a year-on-year growth of 14.71%. The 5-year CAGR up to 2023 was an impressive 44.1%, highlighting rapid and substantial growth in this period.

Looking forward, from 2024 onwards, the forecasted data suggests a steady growth pattern, with a projected 5-year CAGR of 5.08% and an overall growth rate of 28.1% by 2028.

Future trends to watch for:

Technological advancements in aquaculture and sustainability practices impacting production volumes.
Government policies and investments in marine aquaculture infrastructure.
Global demand fluctuations for marine products influenced by ecological and geopolitical factors.