Forecast: Coffee Export Volume in Indonesia

From 2014 to 2023, Indonesia's coffee export volume consistently increased from standing at 0.625 million metric tons to reach 1.09 million metric tons. Between 2021 and 2023, the export volume showed a gradual year-on-year increase with a notable annual growth rate of 2.46% in 2023. The compound annual growth rate (CAGR) over the past five years was relatively steady at 1.81%, reflecting moderate but stable growth.

Key variations and trends:

• 2014-2015: Significant increase of 22.56%.
• 2016: Minimal growth of 1.04%.
• 2017: Robust growth of 10.21%.
• 2018: Strong growth of 16.3%.
• 2019: Slight decline of -1.51%.
• 2020: Significant decline of -14.62%.
• 2021: Significant rebound with 23.72% growth.
• 2022: Moderate growth of 2.62%.
• 2023: Steady growth of 2.46%.

Future trends to watch:

• Forecasts for the next five years indicate a modest growth with an average annual increase of 1.87%.
• The total growth rate expected by 2028 is 9.7%, suggesting a continued steady increase in Indonesia’s coffee export volume.