The primary oilseeds production in Indonesia stood at 65 million metric tons in 2023. Based on forecasted data, production is expected to increase consistently over the next five years, reaching 74.926 million metric tons by 2028. The year-on-year growth rates are as follows: 3.2% in 2024, 3.2% in 2025, 3.0% in 2026, 2.9% in 2027, and 2.7% in 2028. The Compound Annual Growth Rate (CAGR) over this period is approximately 3.0%.
Future trends to watch for:
- Improvement in agricultural techniques and technology
- Policy changes focused on sustainability and environmental impact
- Global demand fluctuations influencing production rates
- Potential impact from climate change on agricultural output