The import of fresh grapes to Indonesia has shown a consistent growth pattern over the past decade, reaching $384.37 million in 2023. The data from 2024 onwards are forecasted, with a projection reaching $467.41 million by 2028. The year-on-year growth in imports over the last two years has been 4.79% in 2023 and 5.14% in 2022. The compound annual growth rate (CAGR) for the past five years stands at 4.3%. Over a longer period, from 2013 to 2023, the CAGR fluctuated significantly but indicated a strong overall upward trend.
Future trends to watch for include:
- The forecasted CAGR for the next five years is 3.09%, suggesting a deceleration in growth compared to the past decade.- The total forecasted growth over the next five years is expected to be 16.45%, which indicates a steady increase although at a slowing pace.- Factors like climate change, international trade policies, and changing consumer preferences may impact the import volumes and growth rates in the future.
