The historical import data of Acrylonitrile-Butadiene Rubber (NBR) to Indonesia shows fluctuations with notable variations from 2013 to 2023. The import value stood at $21.474 million in 2023, reflecting a 2.92% increase from 2022. Between 2016 and 2021, significant variability occurred, including a substantial decline in 2015 (-37.55%) and subsequent recovery in 2017 (+38.91%). The last five-year period up to 2023 witnessed an average annual growth rate (CAGR) of 2.03%, indicating moderate growth with slight inconsistencies.
Forecasted data from 2024 to 2028 suggests a steady upward trend in the import value of NBR to Indonesia, with a forecasted CAGR of 2.17%. This indicates a positive outlook with expected growth over the next five years.
Future trends to watch for include changes in global supply chains, shifts in demand from key industries such as automotive and construction, and potential impacts of environmental regulations on NBR production and trade.
