The cassava market size volume per capita in Indonesia is projected to decline annually from 46.97 kilograms in 2024 to 38.12 kilograms in 2028. This represents a steady decline when compared to the actual figures from 2023. Year-on-year decreases are evident, indicating varying trends of -4.84% between 2024 and 2025, -5.01% between 2025 and 2026, -5.14% between 2026 and 2027, and -5.35% between 2027 and 2028.
Such consistent decreases can be analyzed further with a Compound Annual Growth Rate (CAGR) over the last five years to provide an average decline per year; the calculated CAGR stands at approximately -4.83%.
Looking ahead, key trends to watch for include potential shifts in consumer preferences, changes in agricultural policy, and the impact of climatic conditions on cassava production. Additionally, monitoring potential substitutes and innovations in cassava product applications may provide insights into future market dynamics.
