Key Market Indicators
Indonesia's pulses production is projected to plummet to approximately 69,600 metric tons by 2028, a sharp decline from around 126,600 metric tons in 2023. This decrease translates to an annual compound growth rate (CAGR) of 9.5%. Historical data reveals a consistent downward trend in Indonesia's supply, which has been shrinking at an annual rate of 7.2% since 1966. In 2023, Indonesia ranked 65th globally in pulses production, with Sweden surpassing it by producing the same amount, 126,600 metric tons. Myanmar, Canada, and China held the second, third, and fourth positions, respectively, in the global rankings for pulses production.