Over the past decade, the sugar cane yield in Indonesia has exhibited some fluctuations. Between 2013 and 2014, yields decreased significantly by almost 7% and another 5% the following year. However, starting in 2015, there began a positive trend with the yield improving by 3.32% and continuing to grow, peaking in 2018 with a yield increase of 6.49%. Post-2018, the yield faced a dip of over 7% in 2019 but managed to recover in the subsequent years, resulting in a relatively stable phase up to 2023 with a marginal growth of around 0.32% year-on-year.
The current (2023) sugar cane yield stands at 677.32 thousand hectograms per hectare. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 was recorded at -0.93%. Despite some yearly variations, the longer-term trend suggests moderate stability in yield growth.
Looking forward, forecasts from 2024 onwards show a stable growth trajectory, with a five-year forecast CAGR of 0.26% and a total forecasted growth rate of 1.31% by 2028.
Future trends to watch for include:
- Impacts of climate change on agricultural productivity
- Advancements in agricultural technology and crop management
- Government policies and support for the sugar industry
- Market demand and price fluctuations influences
