The production of centrifugal raw sugar in Indonesia has experienced fluctuations over the past decade. Starting from 2.08 million metric tons in 2013, it reached a high point of 2.5754 million metric tons in 2014, before experiencing several periods of decline. Notably, the years 2017 and 2018 saw negative year-on-year variations of -7.28% and -0.88%, respectively. By 2023, the production was at 2.2452 million metric tons, with a marginal year-on-year increase of 0.33%. The compound annual growth rate (CAGR) over the last five years leading into 2023 was 0.67%.
Future trends to watch for:
- Potential disruptions due to climate change and its impact on crop yield.
- Technological advancements in sugar processing and farming techniques that could increase efficiency and production volumes.
- Shifts in both domestic and global market demand which may affect production strategies.
- Government policies and incentives aiming at boosting agricultural productivity and sustainability.