The import value of phosphatic mineral or chemical fertilizers to Indonesia has shown fluctuations over the past decade. From 2013 to 2022, the imports have grown from $216.18 million to $342.64 million. The highest year-on-year rise was seen in 2014 at 42.73%, while the worst drop was in 2016 at -24.59%. The Compound Annual Growth Rate (CAGR) for the last five years indicates an average growth of 1.75%, with forecasted continuing growth reaching $391.64 million by 2028.
Future trends to watch include policy changes in Indonesia's agricultural sector, global market prices for phosphatic fertilizers, and developments in sustainable agriculture practices that could impact demand. Keeping an eye on technological advancements in fertilizer production may also provide insights into future import patterns.