Analyzing the import trends of meat, fish, and seafood preparations to Indonesia from 2013 to 2023 reveals a general upward trajectory. The value stood at 71.132 Million US Dollars in 2023, marking a consistent year-on-year increase. Notably, 2023 saw a YoY growth of 3.94%, with a 5-year CAGR pegged at 4.19%, indicating steady demand growth. Despite fluctuations, such as the dip in 2017 (-8.37%), the overall trend remains positive with a forecasted 5-year CAGR of 2.59% from 2024 to 2028.
Future trends to watch for:
- Shift in consumer preferences toward more sustainable and ethically sourced meat, fish, and seafood products.
- Impact of potential trade policies and tariffs affecting import prices and volume.
- Technological advancements in food preservation and logistics improving supply chain efficiency.