The concentrated orange juice export volume to Indonesia from the US showed fluctuating trends from 2013 to 2023. In 2013, the volume was 100 metric tons. By 2023, it increased significantly to 462 metric tons, marking an 8.71% year-on-year growth from 2022. The CAGR over the past five years (2018-2023) stands at an impressive 45.03%, reflecting robust growth. Notably, the export volume has had periods of decline, such as a -51.75% drop in 2017 and -56.36% in 2018, but it bounced back strongly, especially from 2019 onwards.
Looking ahead, forecasted data suggests a steady growth trajectory. By 2028, exports are expected to reach 641 metric tons with a forecasted 5-year CAGR of 5.18%, translating to a 28.71% growth rate over the forecast period. Future trends to watch include potential impacts from global economic conditions, changes in consumer preferences, and trade policies between the US and Indonesia, which could affect demand and supply dynamics. Monitoring these factors will be crucial for stakeholders in the orange juice export market.
