The forecasted volume of cocoa beans export in Malaysia from 2024 to 2028 shows a consistent upward trend, starting from 220 thousand metric tons in 2024 and gradually increasing by 5 thousand metric tons each subsequent year, reaching 240 thousand metric tons by 2028. As of 2023, the volume stood at 215 thousand metric tons. Year-on-year variations are observed at approximately 2.27% annually over the last two years, with a 5-year Compound Annual Growth Rate (CAGR) of about 2.23%, indicating steady growth in export volumes.
Future trends to watch for include potential fluctuations in global cocoa demand due to economic conditions, environmental factors affecting cocoa production, and evolving trade policies. Keeping an eye on these factors is crucial for predicting possible disruptions or accelerations in the growth trajectory.
