Analysis of the forecasted biomass consumption in Malaysia shows a declining trend from 2024 to 2028. The consumption values decrease each year, starting at 39.74 in 2024 and reducing steadily to 37.34 by 2028. Given that we are in 2024, the year-on-year variation percentage indicates a decline of approximately 1.56% from 2024 to 2025, 1.53% from 2025 to 2026, 1.56% from 2026 to 2027, and 1.53% from 2027 to 2028. The CAGR over the five years suggests an average annual decrease of around 1.54%.
Future trends to watch for in Malaysia's biomass consumption include advancements in renewable energy technologies, governmental policies promoting sustainable practices, and potential market shifts towards alternative energy sources. These factors could significantly influence the trajectory of biomass consumption in the coming years.
