The ammonia production in Indonesia stood at 5.13 million metric tons in 2023. The ammonia production experienced minimal fluctuations between 2013 and 2019, maintaining a consistent value of 5.0 million metric tons. There was a notable decline in 2020, where production dropped by 16.25% to 4.19 million metric tons. However, production rebounded in 2021 with a 21.17% increase. Growth continued moderately, with a 0.57% increase in 2022 and a 0.55% increase in 2023. The compound annual growth rate (CAGR) over the last five years averages at 0.52%.
Looking forward, the forecast predicts a steady increase in ammonia production, with a CAGR of 0.44% from 2024 to 2028, leading to a total growth of 2.23% over these five years. By 2028, production is expected to reach 5.28 million metric tons.
Future trends to watch for include potential impacts of global trade dynamics, advancements in production technology, and shifts in domestic demand for ammonia. Environmental regulations and sustainability goals could also play a significant role in shaping production capabilities.
