The import of single untwisted nylon yarn to Indonesia has demonstrated significant fluctuations over the past decade. From 2013, the volume has seen various gains and contractions, with a notable spike in 2017 of 208.8%, continuing with a pattern of growth and minor setbacks. In 2023, the volume stood at 20.459 million kilograms, marking a 5.23% year-on-year increase. The compound annual growth rate (CAGR) over the last five years is 4.71%. Forecasts predict continued growth, with a projected CAGR of 3.62% over the next five years, culminating in an overall growth rate of 19.45% by 2028.
Future trends to watch for include:
- The impact of technological advancements in manufacturing.
- Changes in trade policies which might influence import flows.
- Market demand shifts influenced by global economic conditions.
- Environmental regulations impacting production and imports of synthetic yarns.
