In 2023, Indonesia's banana production stood at 7.7 million metric tons. Over the past two years, production has increased with a year-on-year variation of 1.97% in 2022 and 1.91% in 2023. Analyzing the five-year period, the compound annual growth rate (CAGR) has stabilized at 1.18%. Looking ahead, forecast data predicts a continued upswing with a CAGR of 1.38% through 2028, culminating in a 7.1% growth rate over this period.
Future trends to watch for include the impact of climate change on agricultural output, advancements in banana farming techniques, and potential changes in domestic and international demand. These factors could significantly influence production levels in the coming years.
