Based on actual data from 2023, the export of margarine from Indonesia stood at a significant figure. Starting in 2024, forecast data shows a steady year-on-year increase: 2024 (124.48M kg), 2025 (127.08M kg), 2026 (129.64M kg), 2027 (132.14M kg), and 2028 (134.6M kg). This forecast indicates a consistent growth trend in exports.
Year-on-Year Variations:
- 2024-2025: 2.1%
- 2025-2026: 2.0%
- 2026-2027: 1.9%
- 2027-2028: 1.9%
The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 1.96%, demonstrating stable and incremental growth.
Future trends to watch for include changes in global demand for margarine, potential new trade agreements, and economic conditions affecting production costs in Indonesia. Sustainability practices and innovations in the margarine production process could also influence future export volumes.
