Indonesia Agribusiness Sector Report 2023-2024

Agriculture is one of the backbones of Indonesia's economy, contributing approximately 13% to the country's gross domestic product (GDP). The sector provides income for 38.7mn people, or the equivalent of 29% of the total workforce in 2022. Agricultural production is concentrated in small farms, which are inefficient and unable to respond adequately to rising domestic demand. As a result, there are plenty of opportunities for land consolidation and investment in mechanisation. The country has vast reserves of untapped land, as well as a mild climate that favours rice, palm oil, coffee, cocoa and fisheries production. Indonesia is the world's number one palm oil producer with almost 60% of global output. The country also ranks second in terms of rubber, and fourth by rice production. Although the government has long pushed for self-sufficiency in the production of key agriculture commodities, Indonesia still runs a negative trade balance on its agriculture account as the country continues to import large quantities of wheat, corn, soybean and sugar.

This report provides a complete and detailed analysis of the "Crop farming" sector for Indonesia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Crop farming" sector in Indonesia
• Crystallise the forces both driving and restraining this sector in Indonesia
• Ascertain Indonesia’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Indonesia.
• Build a clear picture of trends, output and consumption for specific sub-sectors