The apple market volume in Indonesia in 2023 stood at 161.0 thousand metric tons, marking no year-on-year variation from 2022. Over the last two years (2022-2023), the market showed stability with nearly negligible change. The compound annual growth rate (CAGR) over the previous five years (2019-2023) was essentially flat at 0%. Notably, the significant drop in 2015 by -49.4% and subsequent substantial increase by 65.48% in 2016 indicate fluctuations earlier in the decade, whereas the more recent years demonstrate steadier trends.
Looking ahead to 2028, the market is forecasted to grow modestly with a 5-year CAGR of 0.25% and a cumulative forecast growth rate of approximately 1.24% from 2024. Future trends to watch for include potential impacts of climate change on apple production, shifts in consumer preferences towards locally sourced produce, and the influence of import/export regulations on supply dynamics.
