Forecast: Pigmeat Production Level in Indonesia

Pigmeat production in Indonesia experienced fluctuating trends between 2013 and 2023. In 2023, production stood at 344.36 thousand metric tons. From 2013 to 2016, production levels increased significantly, peaking at 339.61 thousand metric tons. However, 2017-2018 saw a decline and subsequent stabilization around 317.32 thousand metric tons. From 2019 onwards, production gradually increased, showing a steady growth trend.

Year-on-year variations over the last two years show a consistent growth rate of 1.6%. From 2018 to 2023, the CAGR indicates a moderate expansion rate of 1.66% annually.

Future trends suggest a steady increase in production, with forecasts predicting a growth rate of 1.19% CAGR over the next five years, leading to an estimated 6.1% growth by 2028.

Future trends to watch for include potential impacts of climate change on livestock, advancements in pig farming technology, and shifts in pork consumption patterns due to changing demographics and health trends.

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