In 2023, soybean demand in Indonesia stood at 3.54 million metric tons. Forecasted data indicates a steady annual increase: 3.57 million metric tons in 2024, 3.61 million metric tons in 2025, 3.64 million metric tons in 2026, 3.67 million metric tons in 2027, and reaching 3.7 million metric tons by 2028. The year-on-year growth rates are modest, reflecting a stable demand pattern.
Future trends to watch for include changes in domestic agricultural policies, shifts in dietary preferences, and potential impacts of climate change on soybean yield and supply. Additionally, trade dynamics and international market shifts could influence Indonesia's soybean import strategies and overall demand.
