Indonesia targets to produce 32 million tonnes of rice next year

04-Dec-2024 11:42 AM

Indonesia has set a target to increase its rice production to 32 million tonnes by 2025, which represents a 3% rise from the estimated 31 million tonnes for the current year.

This goal is part of the country's broader effort to ensure food security and achieve self-sufficiency in rice. The Indonesian government has made strides to bolster its rice reserves, which have reached their highest levels in five years, with more than 6 million tonnes already distributed.

Currently, stocks stand at 19-20 million tonnes, which is significantly higher than the typical 8 million tonnes stored. 

In November, Indonesia's Agriculture Minister confirmed that the 32-million-tonne target would help reduce or eliminate the need for rice imports.

However, earlier in the year, Indonesia had planned to import 1 million tonnes of rice for 2025 to address potential shortfalls, with concerns about reduced domestic production in 2024.

The country's Statistics Agency (BPS) projected a 2.43% decline in domestic rice production this year, which could create pressure on stocks between December 2024 and February 2025, potentially necessitating imports during this pre-harvest period.