In 2023, the actual domestic consumption of corn in Indonesia stood at 14.02 million metric tons. Forecasted data indicates a year-on-year increase in consumption: 14.26 million metric tons in 2024, 14.51 million in 2025, 14.76 million in 2026, 15.01 million in 2027, and 15.26 million in 2028. The expected annual growth rate from 2024 to 2028 follows a steady trend with a CAGR of approximately 1.7%. Over the past two years (2022-2023), we observed a slight increase in consumption, whereas the last CAGR values suggest a consistent annual growth trajectory.

Future trends to watch for include:

Potential shifts in corn supply chains due to global trade policies.
Impact of climate change on domestic corn production and imports.
Growth in demand for corn-based products and animal feed in the expanding agricultural sector.
Technological advancements in farming practices that may boost yield and efficiency.