In 2023, the actual oilseeds export volume in Indonesia stood at a stable level of 1.28 million metric tons. The forecasted data for the years 2024 to 2028 indicates a marginal decline in export volume. For 2024 and 2025, the volume remains steady at 1.28 million metric tons. However, a slight decrease is projected from 2026 onwards, with 1.27 million metric tons in 2026 and 2027, and down to 1.26 million metric tons in 2028.
The year-on-year variation highlights minimal changes with a consistent projection for the immediate future, indicating stability with slight variations around -0.7% per year from 2026 onwards. Over the last two years, the export volume has remained stable.
The Compounded Annual Growth Rate (CAGR) over the five-year forecast period indicates a small average annual decrease of approximately -0.4%, signifying a marginal decline in export volume year over year.
Future trends to watch for include potential shifts in global demand for oilseeds, changes in domestic agricultural policies, and impacts of climate change on crop yields. Additionally, monitoring trade agreements and their effects on export conditions will be crucial for anticipating further fluctuations in export volumes.