Forecast: Maize Export Volume in Indonesia

The maize export volume for Indonesia has seen significant fluctuations from 2014 to 2023. The actual export volume stood at 391 Thousand Metric Tons in 2023, which represented a 5.39% year-on-year increase. Over the past two years, the volumes have shown steady growth with an average year-on-year variation of around 5-6%. The compound annual growth rate (CAGR) over the last five years was 1%, showing moderate and gradual increases over a longer period.

Key trends to watch for in the future include:

  • Continued growth with forecasted volumes reaching 487.86 Thousand Metric Tons by 2028.
  • An average forecasted 5-year CAGR of 3.49%, suggesting a steady upward trajectory in export volumes.
  • Potential impacts of agricultural policies, climatic conditions, and global maize demand on future export volumes.

Top Countries about Maize