Forecast: Cassava Demand in Indonesia

The demand for cassava in Indonesia has generally been declining over the past decade. From 2014 to 2023, there has been a consistent reduction in demand, with the 2023 value standing at 16.34 million metric tons. The year-on-year variations reveal fluctuating trends, with notable declines in 2017 and 2018. However, 2019 saw a slight increase, but this was followed by consistent declines in subsequent years. The Compound Annual Growth Rate (CAGR) for the last five years indicated an average annual decline of 1.85%.

Looking ahead, the forecasted data from 2024 to 2028 suggests continued decline in cassava demand, with a projected average annual decline (CAGR) of 2.79%. By 2028, the demand is expected to decrease to about 13.7 million metric tons, reflecting an overall decline of 13.2% from 2023 levels.

Future trends to watch for include potential shifts in agricultural policies, changes in dietary preferences, and the impact of technological advancements in agriculture which might influence cassava production and demand. Additionally, the global market dynamics and climatic conditions could significantly affect this trend.

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