The planted area for natural rubber estates in Malaysia exhibited fluctuations over the past decade. From 2013 to 2023, the area oscillated, reaching 95.53 thousand hectares in 2023. Notable annual declines occurred in 2017 and 2018, while significant growth was seen in 2019.
- Year-on-year variations showed considerable changes, such as a spike of 29.86% in 2019 and a slight increase of 2.52% in 2023.
- The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was 5.39%, reflecting a robust average annual increase in planted area.
Future trends to watch include the forecasted growth of the planted area, projected to reach 107.08 thousand hectares by 2028, driven by a forecasted 5-year CAGR of 1.82%. Factors such as global demand for natural rubber, advancements in cultivation technology, and government policies will be pivotal in shaping these trends.
