The export of Chemicals and Chemical Products from Indonesia to China has experienced fluctuating trends over the past decade. From 2013 to 2023, the values saw significant variations, ranging from sharp declines to considerable increases. As of 2023, the value stood at 3.4391 Billion US Dollars. Notable trends include a significant decline in 2015 followed by a recovery and growth period peaking in 2021 before stabilizing. The year-on-year variations over the past two years were 9.17% in 2022 and 3.51% in 2023. The compound annual growth rate (CAGR) over the last five years was 2.58%, pointing towards modest average growth.
Future trends to watch for include potential impacts of global economic factors, changes in trade policies, sustainability regulations, and technological advancements in the chemical industry. Continuous monitoring of these variables will be critical in forecasting precise future trends.
