The forecast for coconut oil distribution in Indonesia from 2024 to 2028 shows a steady upward trend in both volume and value. In 2023, the distribution stood at 1.31 million metric tons. Year-on-year variations indicate moderate growth with increases of approximately 0.76% in 2024, 0.75% in 2025, 1.50% in 2026, 0.74% in 2027, and 0.74% in 2028. The compound annual growth rate (CAGR) over the five-year period is about 0.90%.
Future trends to watch for include:
- Potential impacts of climate change on coconut yield.
- Shifts in global demand for coconut oil due to health trends.
- Economic policies affecting agriculture and export regulations in Indonesia.
- Technological advancements in coconut oil extraction processes.
