In 2023, the import value of prepared or preserved citrus fruits to Malaysia stood at 2.5328 million US dollars. Forecasted data from 2024 indicates a slight downward trend, with values gradually decreasing from 2.5062 million US dollars to 2.4029 million US dollars by 2028. This reflects the following year-on-year variations:
- 2024: -1.05%
- 2025: -1.06%
- 2026: -1.05%
- 2027: -1.04%
- 2028: -1.03%
Analyzing the compound annual growth rate (CAGR) over the last five years indicates an average yearly decline of approximately 1.06%.
Future trends to watch for include potential increases in local production, shifts in consumer preferences towards fresh citrus fruits, and changes in import tariffs or trade policies that may further impact import levels. Additionally, market dynamics such as global supply chain fluctuations and economic conditions will be important to monitor.
