The forecast for maize yield in Indonesia shows a steady increase from 59.21 thousand hectograms per hectare in 2024 to 63.01 thousand hectograms per hectare by 2028. Compared to 2023, where yields stood at 58.30 thousand hectograms per hectare, the year-on-year variation from 2023 to 2024 is approximately 1.56%. Similarly, the annual growth rate from 2024 to 2025 is about 1.65%, with subsequent yearly growth rates marginally increasing. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 averages out to approximately 1.57% per year.
Future trends to watch for:
- Improvements in agricultural technology and practices.
- Climate change factors impacting maize yield.
- Government policies and subsidies for maize farmers.
- Market demand and global maize prices influencing production.
