The forecasted supply of centrifugal sugar in Indonesia shows a steady year-on-year increase from 2024 through 2028, with values ascending from 10.98 million metric tons in 2024 to 12.23 million metric tons in 2028. In 2023, the supply stood at 10.65 million metric tons, pointing to consistent growth in the sugar industry.
Key yearly variations: - From 2024 to 2025: 2.91% increase.- From 2025 to 2026: 2.74% increase.- From 2026 to 2027: 2.67% increase.- From 2027 to 2028: 2.60% increase.
The average Compound Annual Growth Rate (CAGR) over this five-year period is approximately 2.83%, reflecting robust and sustained growth in sugar supply.
Future trends to monitor include potential impacts of climate change on sugarcane yields, advancements in agricultural technologies, and policy changes in agricultural trade and subsidies. These factors could significantly influence both production capabilities and market dynamics.
