Forecast: Biomass Consumption in Indonesia

The biomass consumption in Indonesia has shown a consistent downward trend from 2013 to 2023, with the value standing at 53.53 units of Domestic Material Consumption in 2023. Over the years, the annual year-on-year variation has generally remained negative, reflecting a recurring decline. The last two years, 2022 and 2023, exhibited year-on-year decreases of 1.08% and 1.09% respectively. The Compound Annual Growth Rate (CAGR) over the last five years stood at -0.79%, indicating a modest but steady decline.

Future trends to watch for include the ongoing forecasted decrease, with expectations of a -4.58% growth rate over the next five years and a forecasted 5-year CAGR of -0.93%. This continued decline may prompt strategic shifts in energy policy and the exploration of alternative sustainable energy sources.

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