Forecast: Pork Production at Farm Gate in Indonesia

Indonesia's pork production at the farm gate has shown fluctuating trends over the past decade, peaking at $1.55 billion in 2013 and dipping to $1.12 billion in 2014. Recent years have displayed moderate but steady growth. By 2023, it reached $1.48 billion. Year-on-year variation since 2021 has been positive yet modest—with 0.3% in 2021, 2.49% in 2022, and 2.32% in 2023. The compound annual growth rate (CAGR) over the last five years has averaged around 3.87%. Forecasts suggest a slower growth rate ahead with a 5-year CAGR of 1.45%, culminating at $1.62 billion by 2028 with an overall growth rate of 7.47%. Future trends to watch for include:

  • Effects of new agricultural policies and regulations on pork production.
  • Impact of possible advancements in farming technology and practices.
  • Shifts in consumer demand for pork due to dietary or health trends.

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