Cassava production in Indonesia stood at 20.65 million metric tons in 2023. Analyzing historical data, cassava production has shown variability, with a significant decline from 2014 to 2017 and stabilization from 2018 onward. The year-on-year growth rate for 2023 was 1.38%, while the CAGR for the past five years stands at 1.32%. Notably, the forecasted CAGR for the next five years is 1.01% with an expected growth rate of 5.18% by 2028.
Future trends to watch for:
- Potential impacts of climate change on yield and production levels.
- Adoption of new agricultural technologies and their effect on productivity.
- Government policies and incentives to boost cassava farming.
- Global market demand and export opportunities for Indonesian cassava.