Based on the available data, the import value of Ethylene Glycol (Ethanediol) to Indonesia in 2023 stood at 452.79 million US dollars. Over the past two years, the year-on-year percentage variation has been relatively stable, with a 1.65% increase in 2022 and a 1.59% increase in 2023. The compound annual growth rate (CAGR) over the past five years showed a moderate increase of 0.39%.
Looking at the longer-term trend, the forecasted data indicates a steady increase in import value, reaching 489.92 million US dollars by 2028, with a forecasted 5-year CAGR of 1.24%. This represents a gradual growth rate of 6.37% over the forecast period.
Future trends to watch for include potential shifts in global supply chains, changes in domestic production capacities, and fluctuations in the global market prices of ethylene glycol. Additionally, any regulatory changes or trade policies could significantly impact import dynamics.
