Based on the given data, horse meat production in Malaysia shows a forecasted gradual increase from 201.84 metric tons in 2024 to 205.24 metric tons in 2028. Comparing the actual production data from 2023 of 200.00 metric tons, the year-on-year percentage changes show a steady, modest growth:
-2024: +0.92%
-2025: +0.43%
-2026: +0.42%
-2027: +0.41%
-2028: +0.41%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.52%.
Trends to watch for include potential shifts in consumer preferences, regulatory changes, and international market demand for horse meat, all of which could impact future production levels beyond the current forecast. Additionally, advancements in livestock management and potential economic factors could further influence production trends.
