Forecast: Eggs Production at Farm Gate in Indonesia

From 2013 to 2023, egg production at farm gate in Indonesia exhibited considerable variation. The early part of the period saw fluctuations with notable increases, such as 2016's 16% rise and 2017's substantial 174.69% leap. By 2018, the trend slightly dipped, but production stabilized around the 7 billion Euros mark. The years following 2018 showed marginal growth, with a steady average annual increase of 2.94% leading up to 2023, where the production value stood at 8.19 billion Euros. Year-on-year growth averaged around 4-5% in recent years, suggesting a stabilizing but modest upward trajectory.

Key insights:

- Early period (2013-2017): Fluctuating growth with significant spikes, particularly in 2017.

- 2018-2023: Stabilized growth around 2-3% annually.

- 2023 value: 8.19 billion Euros.

Looking forward, forecasts indicate a continuation of this modest growth pattern with an average annual growth rate (CAGR) of 2.88% over the next five years, resulting in a production value of 9.83 billion Euros by 2028. Future trends to watch include advancements in agricultural technology, policy changes, and commodity price fluctuations, which could significantly impact production levels and growth rates.