Food imports in Indonesia have shown a marginal decline from 2024 to 2028, with values steadily decreasing from 11.25 to 11.21 in terms of Goods Imports. When considering the year-on-year variation, the change is minor, typically ranging from 0.08% to 0.09% yearly from 2024 to 2028.
For a historical context, the actual value for food imports in 2023 stood as a baseline for comparison. Over the last two years leading up to 2024, this slight decrease highlights a trend towards stabilization or a potential plateau. Over a five-year period, the compound annual growth rate (CAGR) demonstrates a consistent, albeit modest, downward trajectory.
Future trends to watch in Indonesia's food import sector include the impact of domestic production policies, evolving consumer demand, international trade agreements, and economic stability. Additionally, shifts towards sustainable agricultural practices and potential disruptions in global supply chains could further influence these trends.
