From 2014 to 2023, Indonesia's coconut and copra production showed a general declining trend. In 2014, production stood at 18.3 million metric tons, decreasing to 16.67 million metric tons by 2023. The year-on-year variations highlight a fluctuating yet overall decreasing trend with a marked dip in 2020 of -5.51%. From 2019 to 2023, the Compound Annual Growth Rate (CAGR) was -0.51%, reflecting a consistent decline. From 2024 onwards, the forecast indicates a continuing decrease in production at an annual average rate (CAGR) of -0.44%, culminating in a production value of 16.22 million metric tons by 2028.
Future trends to watch for include:
- Climate change impacts, which may further affect crop yields.
- Technological advancements in farming and cultivation methods that might slow the decline.
- Market demands and shifts towards alternative products, influencing production priorities.
