Coffee production in Indonesia reached 740.94 thousand metric tons in 2023. The data indicates fluctuating trends with notable growth between 2017 and 2019. While year-on-year variation has ranged from negative to positive over the last decade, the growth has stabilized in recent years with a minimal increase annually. The compound annual growth rate (CAGR) has notably remained modest over the past 5 years, exhibiting an average variation of 0.51% per year.
Looking forward, the forecasted data suggests a continual but slow growth trajectory through 2028, with an estimated 0.19% CAGR and a total forecasted growth rate of 0.94% over the next 5 years. Understanding these long-term trends is crucial for stakeholders in the coffee industry to strategize effectively.
Future trends to watch for include:
- Climate change impacts on coffee yield and quality.
- Technological innovations in coffee farming practices.
- Global market demand shifts, especially from emerging economies.
- Sustainability initiatives and their influence on production methods.