Forecast: Cereal Yield in Indonesia

Based on the data from 2013 to 2023, Indonesia's cereal yield increased from 5.09 to 5.44 thousand kilograms per hectare. Year-on-year variations have fluctuated, with notable increases in 2015 (4.21%) and a slight decline in 2016 (-2.92%). The last two years have shown more stable growth, with rates of 1.17% in 2022 and 0.79% in 2023. The five-year compounded annual growth rate (CAGR) up to 2023 stands at 0.72%. Moving forward, forecast data suggests a continued steady increase, reaching 5.65 thousand kilograms per hectare by 2028, with a forecast 5-year CAGR of 0.61% and a forecast 5-year growth rate of 3.11%.

Future trends to watch for:

- Technological advancements in farming practices.

- Government policies supporting agricultural innovation.

- Impact of climate change on cereal yield.

- Shifts in global commodity markets affecting trade and production incentives.

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