In 2023, the primary fibre crops production in Indonesia stood at 52.85 thousand metric tons. Based on forecasted data, the production is expected to decrease over the next five years. Specifically, the production is forecasted to be 51.53 thousand metric tons in 2024, 50.25 thousand metric tons in 2025, 48.99 thousand metric tons in 2026, 47.75 thousand metric tons in 2027, and 46.55 thousand metric tons in 2028.
Year-on-year variations indicate a declining trend:
- 2024: -2.50%
- 2025: -2.48%
- 2026: -2.51%
- 2027: -2.53%
- 2028: -2.52%
The compound annual growth rate (CAGR) over the forecasted period is -2.51%, highlighting a consistent annual decrease in production.
Future trends to watch for include the impact of climate change on crop yields, shifts in global demand for fibre crops, advancements in agricultural technology, and changes in government policies regarding agriculture and trade.
