In 2023, Indonesia's centrifugal cane sugar production stood at 2.56 million metric tons. Forecasted data indicates a continual, slight upward trend over the next five years, with production anticipated to reach 2.66 million metric tons by 2028. The year-on-year variation from 2024 to 2028 is stable at approximately 0.77% per annum. Over the last two years, the average variation stood at 0.77%, while the Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected at around 0.77% annually.
Future trends to watch for include potential impacts of climate change on sugarcane yield, changes in governmental agricultural policies, and shifts in global sugar demand and prices. Technological advancements in agricultural methods and sugar production efficiency will also play a critical role in shaping the industry’s trajectory.
- 2023 Production: 2.56 million metric tons
- 2024 Production Forecast: 2.58 million metric tons (annual growth of 0.77%)
- 2025 Production Forecast: 2.6 million metric tons (annual growth of 0.77%)
- 2026 Production Forecast: 2.62 million metric tons (annual growth of 0.77%)
- 2027 Production Forecast: 2.64 million metric tons (annual growth of 0.77%)
- 2028 Production Forecast: 2.66 million metric tons (annual growth of 0.77%)
