The forecast for the import of concentrated or sweetened milk and cream to Indonesia shows a gradual decline from 2024 to 2028, with values decreasing from 488.06 million USD in 2024 to 475.91 million USD in 2028. In 2023, the import value stood at 491.28 million USD, indicating a downward trend. Year-on-year percentage variations reflect a consistent decline of approximately 0.64% from 2024 to 2028. The compounded annual growth rate (CAGR) over the next five years is estimated at approximately -0.64%, showcasing a steady decrease.
Future trends to watch for include potential changes in Indonesian consumer preferences, shifts in global dairy prices, and trade policies affecting import regulations. Monitoring these factors will be crucial for a more comprehensive understanding of the market dynamics.
