In 2023, Malaysia's honey import volume stood at 2.99 thousand metric tons. Forecasted data indicates a declining trend from 2024 through 2028, with values of 2.97, 2.95, 2.93, 2.91, and 2.89 thousand metric tons respectively. Year-on-year variation highlights a consistent reduction of approximately 0.67% annually. The five-year CAGR reflects a negative growth rate of around 0.67% per year.
Future trends to watch for include potential impacts of domestic honey production, shifts in consumer preferences towards local products, and any significant changes in trade policies that could influence import volumes. Monitoring these trends will be crucial for businesses and stakeholders in the sector.
