Based on the data provided, the export volume of Polyvinyl Chloride (PVC) from Indonesia in 2023 stood at 273.91 million kilograms. Over the past two years, the year-on-year variation demonstrates a consistent increase, with 2022 showing an 8.57% growth and 2023 a 2.98% increase. The long-term analysis spanning from 2013 to 2023 illustrates pronounced volatility in the export volumes, with significant peaks in 2016 followed by more stable growth in recent years.
From 2024 onwards, projections indicate a steady rise in export volumes, with a forecasted compound annual growth rate (CAGR) of 2.23% over the next five years, amounting to an 11.67% overall growth by 2028. This points to a stable and gradual increase in Indonesia's PVC exports, reflecting a more mature and balanced market trajectory.
Future trends to monitor include potential impacts of global trade dynamics, shifts in supply chain logistics, and domestic production capabilities. Additionally, environmental regulations and technological advancements in PVC manufacturing could also significantly influence future export volumes.
