Forecast: Vegetables Production in Malaysia

Vegetable production in Malaysia has experienced a declining trend over the past decade. In 2023, the production stood at 1.25 million metric tons, down by 1.26% year-on-year. Reviewing historical data, a notable drop from 1.54 million metric tons in 2014 to 1.25 million metric tons in 2023 is observed. The Compound Annual Growth Rate (CAGR) between 2018 and 2023 was -1.19%. Year-on-year variations reflect fluctuations, with significant declines in specific years, such as 2017 (-9.95%) and 2020 (-6.29%), partly offset by occasional increases like in 2021 (+3.89%).

Future trends to watch for:

  • Adoption of advanced agricultural technologies
  • Climate change impacts and adaptation measures
  • Government policies and incentives to boost local production
  • Market demand shifts influenced by consumer preferences

Overall, industry stakeholders will need to navigate these dynamics to stabilize and potentially reverse the declining production trend.

Top Countries about Food Manufacturing