Based on the provided data, Indonesia's import of fermented milk is forecasted to increase steadily from 2024 to 2028. The figures are expressed in million US dollars, indicating a consistent growth trend over these years. The imports for 2024 are projected at 23.752 million USD, increasing to 25.092 million USD by 2028. To understand these trends comprehensively, we should note the actual figures from previous years leading up to 2023.
### Year-on-Year Variation
- 2024 to 2025: +1.45%
- 2025 to 2026: +1.41%
- 2026 to 2027: +1.36%
- 2027 to 2028: +1.31%
### Compound Annual Growth Rate (CAGR)
The average annual growth rate over the five-year forecast period (2024-2028) is approximately 1.38%.
### Future Trends to Watch For
- Shifts in consumer preferences towards healthier and premium fermented milk products.
- Impact of international trade policies and tariffs on import costs and pricing.
- Potential entry of new international dairy brands into the Indonesian market.
