The production of coconuts and copra in Malaysia has seen a continuous decline over the last decade, standing at 464.0 thousand metric tons in 2023. Year-on-year variations have shown volatility with a notable drop of 14.96% in 2015. More recently, the last two years have seen a slight decrease with -1.46% in 2022 and -1.49% in 2023. The five-year CAGR up to 2023 is -1.32%. Forecast data indicates a continued downward trend with a forecasted 2028 volume of 428.77 thousand metric tons, representing a five-year compound annual growth rate (CAGR) of -1.25% and an overall decline of 6.11% from 2024.
Future trends to watch for include the impact of climate change, potential advancements in agricultural technology, and shifts in market demand for coconut and copra products which could impact production levels and trends.
