Indonesia's vegetable production demonstrated modest growth from 2014, standing at 11.1 million metric tons, to 2023, reaching 12.51 million metric tons. Key fluctuations included a significant dip in 2015 (-1.23%) and a notable rebound in 2016 (+5.22%). Over the last two years, the year-on-year variation has been consistently positive, with 2022 at +0.69% and 2023 at +0.67%. The compound annual growth rate (CAGR) over the past five years was 0.56%, indicating steady but slow growth.
Future trends to watch for:
-Slight acceleration in growth with a forecasted 5-year CAGR of 0.54%, resulting in a total growth of 2.72% by 2028.
-Potential market opportunities from technological advancements in agriculture and sustainability practices.
-Risks related to climate variability and economic factors affecting agricultural output.