Based on forecasted data for centrifugal sugar consumption in Indonesia, the consumption is expected to increase steadily from 8.16 million metric tons in 2024 to 8.98 million metric tons in 2028. The year-on-year percentage variations are as follows:
- 2024 to 2025: 2.57%
- 2025 to 2026: 2.51%
- 2026 to 2027: 2.33%
- 2027 to 2028: 2.28%
The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 2.42% per year.
Future trends to watch in the forecast include the impact of climatic conditions on sugarcane yields, government policies on sugar imports and subsidies, and consumer shifts towards alternative sweeteners. Additionally, any significant economic changes or health regulations may also influence future consumption patterns.
