Between 2014 and 2023, the nuts market volume in Indonesia grew from 133.0 to 175.0 thousand metric tons, demonstrating a steady annual increase, except for a dip in 2020. Growth rates fluctuated, highlighting significant increases in some years like 2016 and 2017, offset by minor declines and slower growth in others. The year-on-year variation for 2023 was a modest 1.16%, and the compound annual growth rate (CAGR) over the last five years was 1.31%, indicating stable yet slow growth.
Looking forward, the forecast for 2028 shows a nuts market volume of 187.6 thousand metric tons, with an anticipated CAGR of 1.09% over the next five years. Future trends to monitor include shifts in consumer preferences towards healthier diets, potential impacts of climate change on nut production, and advancements in agricultural technology that could boost yield and efficiency.
