The broiler meat supply in Indonesia has shown a steady increase from 1.55 million metric tons in 2013 to 1.88 million metric tons in 2023, marking a continuous upward trend despite minor fluctuations. The year-on-year analysis reveals notable variations, such as a peak in 2021 with a 7.16% increase, contrasted by a drop in 2020 of -3.26%. The compound annual growth rate (CAGR) from 2013 to 2023 stands at 1.81%, indicating consistent but moderate growth.
Looking ahead to forecasted data, the broiler meat supply is expected to continue its upward trajectory, reaching 2.04 million metric tons by 2028. The forecasted 5-year CAGR is 1.3%, with an overall 5-year growth rate of 6.65% from 2023 onwards.
Future trends to watch for include:
- Potential impacts of economic factors on production and consumption
- Environmental and regulatory changes influencing farming practices
- Technological advancements in poultry farming improving efficiency
- Shifts in consumer preferences towards alternative protein sources