Between 2013 and 2023, Indonesia's coffee production experienced significant fluctuations. Starting at 806.34 million Euros in 2013, the value experienced a notable decline in 2014 by 7.7%. It then recovered significantly in the subsequent years, with notable growth in 2017 at 31.73%, reaching a peak of 1180.0 million Euros. The years 2018 to 2021 saw varying trends, with both slight declines and increases. By 2023, the value stood at 1060.0 million Euros, reflecting a nuanced overall growth since 2013 despite occasional downturns.
Looking forward:
- Future trends indicate a moderate but steady growth with a 5-year CAGR of 1.33% from 2023 to 2028.
- The projected value in 2028 is 1150.0 million Euros, suggesting an overall positive outlook.
- Key factors to monitor include global coffee demand, climate change impact, and Indonesian agricultural policies.