The forecasted cotton imports in Indonesia show a consistent upward trend from 2.2 million units in 2024 to 2.24 million units in 2028. Given that the value in 2023 was 2.19 million units, this represents a year-on-year growth of around 0.45% for 2024, gradually increasing by approximately 0.45% each subsequent year. The CAGR (Compound Annual Growth Rate) over the five-year forecast period (2024-2028) is approximately 0.45%, indicating a steady growth in cotton imports.
Future trends to watch for include shifts in global cotton prices, changes in domestic textile manufacturing capacities, and import policies. Additionally, monitoring the economic health and consumer demand within Indonesia will be crucial in understanding the long-term direction of cotton imports.