The demand for oranges and mandarins in Indonesia has been relatively stable from 2014 to 2023, with occasional fluctuations. In 2023, the volume stood at 2.76 million metric tons, a 1.47% increase from 2022. The last five years exhibit a Compound Annual Growth Rate (CAGR) of 1.02%. While there were notable increases such as in 2016 (12.05%) and 2017 (9.09%), the demand also saw slight dips in certain years like 2015 (-5.07%). Recent years indicate a positive trend, albeit with modest growth rates.
Future trends to watch for:
- Continued annual growth with a forecasted 2028 volume of 2.97 million metric tons.
- An expected CAGR of 1.16% over the next five years.
- Potential impacts of economic conditions, consumer preferences, and agricultural developments on demand.