The import of Polymers of Propylene to Indonesia stood at 1.6665 Billion US Dollars in 2023. Looking over the past two years, the import value increased by 8.28% from 2021 to 2022 and by 2.73% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was 2.82%. This trend shows a steady but modest growth in the import volume.
Future trends to watch for include the forecasted 5-year CAGR of 2.06% from 2023 to 2028, reflecting a projected overall increase of 10.76% in the import value. It will be important to monitor economic policies, global supply chain developments, and local demand for propylene polymers to understand their impact on these projections.
