In 2023, the demand for nuts in Indonesia stood at approximately 204 thousand metric tons. Forecasts indicate steady growth in the coming years, with demand projected at 211.54 thousand metric tons in 2024, moving up to 240.01 thousand metric tons by 2028. This consistent rise reveals a Compound Annual Growth Rate (CAGR) of around 3.25% over the forecast period.
Year-on-year variations show:
- Growth from 2023 to 2024: 3.70%
- Growth from 2024 to 2025: 3.46%
- Growth from 2025 to 2026: 3.28%
- Growth from 2026 to 2027: 3.11%
- Growth from 2027 to 2028: 2.96%
The overall trend reflects a healthy and increasing demand for nuts in Indonesia, driven by rising health awareness, the growth of the middle class, and expanding usage in confectionery and snacks.
Future trends to watch for include potential impacts from economic fluctuations, changes in consumer preferences towards health-conscious eating habits, advancements in nut processing technology, and regulatory changes affecting import/export dynamics. Additionally, sustainable sourcing and the impact of climate change on nut production could play significant roles in shaping future demand.
