The supply of Nonfat Dry Milk (NFDM) in Indonesia, expressed in thousand metric tons, has shown a steady increase from 203.0 in 2024 to 209.0 forecasted in 2028. The year-on-year percentage increase has been consistent yet modest, reflecting a stable but slow growth in supply.
The YoY variations are as follows:- From 2024 to 2025: +0.98% - From 2025 to 2026: +0.49% - From 2026 to 2027: +0.97% - From 2027 to 2028: +0.48% The Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) is an average of +0.73% per year.
Future trends to watch for include potential impacts from domestic production capacity changes, fluctuations in global dairy markets, trade policies, and environmental factors affecting local agriculture. Keeping an eye on these variables will be crucial for an accurate forecast of NFDM supply in Indonesia.
