Based on the provided forecast data, the maize market size volume in Malaysia is expected to increase incrementally from 486.0 thousand metric tons in 2024 to 508.0 thousand metric tons in 2028. In 2023, the market stood at 482.0 thousand metric tons, showing consistent growth over the forecast period. Year-on-year variations indicate a steady growth pattern: 1.03% from 2024 to 2025, 1.22% from 2025 to 2026, 1.01% from 2026 to 2027, and 1.20% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is approximately 1.08%.
Future trends to watch for include changes in agricultural policies, technological advancements in crop production, and potential impacts of climate change on maize yield. Additionally, shifts in domestic and international demand, along with pricing fluctuations, will play crucial roles in determining the market size and growth trajectory.