Malaysia's oil crops yield has displayed fluctuating trends over the past decade, achieving a value of 186.67 Thousand Hectograms Per Hectare in 2023. While there was significant volatility, the compound annual growth rate (CAGR) over the last five years was 0.42%, indicating modest overall growth. Year-on-year variation highlights periods of both substantial increases (15.33% in 2017) and notable declines (-14.54% in 2016).
From 2024 onwards, yields are forecasted to continue a stable growth trajectory with a five-year CAGR of 0.31%, reaching 190.33 Thousand Hectograms Per Hectare by 2028. This forecast suggests a gradual increase, though at a slower pace compared to previous short-term trends.
Future trends to watch include potential impacts of climate change on crop yields, advancements in agricultural technologies, and policy changes affecting agricultural practices and sustainability. Monitoring these factors will be crucial in understanding and potentially mitigating risks to future oil crops yield in Malaysia.
