Indonesia’s sugar production at the farm gate has shown significant variability over the years. In 2013, production value stood at 912.9 million euros, increasing to 1790 million euros in 2023. The year-on-year variations reveal notable fluctuations, with substantial increases in 2014 (53.54%) and 2019 (19.49%). CAGR over the last five years stands at 5.63%, indicating moderate growth. From 2024 onwards, the forecast suggests continued growth, with an average annual rate of 1.93%, reaching 2020 million euros by 2028.
Future trends to watch for include potential policy changes affecting sugar tariffs, climate impacts on sugar cane yields, and technological advancements in agricultural practices. Monitoring these factors will be crucial in predicting future production levels and market stability.
