The onion market size in Malaysia stood at 580.0 Thousand Metric Tons in 2023. Forecasted data from 2024 through 2028 shows a steady increase in market size.
Year-on-year variation analysis:- 2024: +1.7% - 2025: +1.7%- 2026: +1.5%- 2027: +1.6%- 2028: +1.5%
The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 1.6%.
Future trends to watch for include potential supply chain disruptions, changes in domestic agriculture policies, and consumer demand shifts due to dietary trends or economic factors. Technological advancements in agriculture and import-export regulations will also play pivotal roles in shaping the market dynamics.