The production of rice and related products in Indonesia has experienced an overall upward trend from 2014 to 2023, standing at 87.18 million metric tons in 2023. Year-on-year variation has generally been positive, with notable increases in 2015 and 2021 at 6.43%. However, there were slight declines like in 2020 at -3.91%. The average annual growth rate (CAGR) over the last 5 years is 0.98%, reflecting steady development.
Looking ahead, forecasts suggest a continued growth trajectory, with a projected CAGR of 0.83% from 2024 to 2028. By 2028, production is expected to reach 91.87 million metric tons, signifying a cumulative 4.21% increase over the next 5 years.
Future trends to watch include:
- Pace of technological advancement in agricultural practices.
- Climate change impacts on rice production.
- Government policies on agricultural subsidies and support.
- Shifts in domestic and international demand.
