Based on historical data of crustaceans' non-food uses in Indonesia, there has been a fluctuating trend from 2014 to 2023, with a significant drop in value from 106.21 thousand metric tons in 2014 to 53.16 thousand metric tons in 2023. The highest recorded value was in 2016 at 125.12 thousand metric tons, while the lowest was observed in recent years, indicating a declining trend. The year-on-year variation for 2023 was -5.64%, continuing a downward trajectory with a 5-year CAGR of -4.21%.
Future forecasts indicate a continual decline, with values expected to reach 36.58 thousand metric tons by 2028. The forecasted 5-year CAGR from 2023 onwards is -5.94%, showing an estimated shrinkage of 26.37% over this period. This suggests that the non-food use of crustaceans in Indonesia is on a steady decline.
Future trends to watch for include potential shifts in industry demand, environmental regulations affecting crustacean harvesting, and changes in alternative uses of crustaceans. Monitoring these factors will be crucial in understanding the long-term sustainability and market dynamics of crustaceans' non-food applications in Indonesia.
