Forecast: Cashew Nuts Yield in Indonesia

The yield of cashew nuts in Indonesia has demonstrated fluctuations over the past decade. From 2013 to 2023, the yield increased from 2.1 to 2.9 thousand hectograms per hectare, showing a general upward trend, although there was a notable 7.68% decrease in 2019. The last two years showed marginal but consistent growth of 1.16% in 2022 and 1.11% in 2023. Over the past five years, the CAGR stood at -0.16%, indicating a slight overall decline in the annual growth rate.

Forecasted data suggest a continued increase in yield, reaching 3.06 thousand hectograms per hectare by 2028. The forecasted 5-year CAGR is expected to be 0.8%, with an overall 4.09% growth rate over the period.

Future trends to watch for include technological advancements in agriculture, changes in weather patterns affecting yield, and potential government policies supporting cashew nut farming. Monitoring these factors can provide insights into optimizing yields and enhancing production efficiency.

Top Countries about Cashew