In 2023, Indonesia imported 179.81 million kilograms of milk powder. Forecasted data from 2024 to 2028 indicates a consistent upward trend. For 2024, the import value is projected to be 183.76 million kilograms, rising year-on-year by 2.20%. Similarly, 2025 forecasts 187.81 million kilograms, marking a 2.20% increase from 2024. For 2026, the import is anticipated to reach 191.78 million kilograms, showing a 2.11% growth from the previous year. In 2027, the projected figure is 195.66 million kilograms, indicating a 2.03% rise. Finally, for 2028, imports are expected to hit 199.47 million kilograms, growing by 1.94% from 2027.
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 2.11%, reflecting steady growth in milk powder imports.
Future trends to watch for include potential shifts in global dairy prices, changes in domestic dairy production capacity in Indonesia, and modification of trade policies which could impact these import patterns. Additionally, evolving consumer preferences towards dairy alternatives may influence future demands.
