The forecasted share of marine capture fisheries production volume in Indonesia is expected to follow an upward trend from 8.72% in 2024 to 9.2% by 2028. Analyzing the year-on-year percentage variation, we observe increases of approximately 1.38% (2024-2025), 1.36% (2025-2026), 1.34% (2026-2027), and 1.32% (2027-2028). The compounded annual growth rate (CAGR) over this five-year period is anticipated to be about 1.35%, indicating a steady growth trajectory.
Future Trends to Watch
Future trends to monitor include advancements in sustainable fishing practices, governmental policy changes, and global market dynamics affecting marine capture fisheries. These factors could significantly influence Indonesia's production share and its positioning in the global market.
