The data indicates that Indonesia's Crustaceans Export Volume stood at 330.14 thousand metric tons in 2023. From 2014 to 2023, this market has seen varied fluctuations. Significant year-on-year changes include a 7.81% increase in 2016, a 17.21% decline in 2020, followed by a 14.18% rise in 2021. The last two years show a modest decrease, with 2023 experiencing a -0.24% variation. The compound annual growth rate (CAGR) over the last five years is -0.1%.
Future projections suggest a slow decline in export volumes, with a forecasted CAGR of -0.19% over the next five years, equating to an overall decrease of -0.93% by 2028.
Future trends to watch for include potential impacts from global supply chain disruptions, policy changes, and environmental factors affecting crustacean populations and export capabilities.
