The forecast for the import of plastic statuettes and other ornamental articles to Indonesia shows a rising trend over the period from 2024 to 2028. Starting at 2.3577 million kilograms in 2024, it is expected to reach 2.6687 million kilograms by 2028. This continuous increase reflects a growing demand for such products in the Indonesian market. By examining the year-on-year variation, the annual import volume is poised to grow approximately between 3% to 4% each year from 2024 to 2028. The Compounded Annual Growth Rate (CAGR) over these five years stands at around 3.2%, indicating steady growth in this sector.
Future trends to watch for include the potential impact of global plastic regulations and environmental policies, shifts in consumer preferences towards sustainable materials, and possible trade policy changes that could affect import tariffs or regulations. Additionally, monitoring the performance of the domestic plastic production industry will be crucial, as changes here could also influence import volumes.
