Forecast: Dates Market Size Volume in Indonesia

The Dates market in Indonesia has shown considerable fluctuation over the past decade. The market volume stood at 41.0 thousand metric tons in 2023, reflecting stability as there was no year-on-year variation. Notably, the market experienced significant declines, such as in 2015 (-32.26%) and 2020 (-14.82%), followed by substantial recoveries, particularly in 2017 (52.17%) and 2021 (23.57%). The most recent five-year compound annual growth rate (CAGR) leading up to 2023 is modest at 0.5%.

The forecast suggests a steady increase in volume, reaching 45.07 thousand metric tons by 2028. This period is expected to yield an average annual growth rate of 1.41% and an overall growth rate of 7.26% over these five years.

Future trends to watch for include potential impacts of climate change on date production, shifts in consumer preferences for natural sweeteners, and possible trade policies affecting date imports and exports in the region.