Based on the provided data, there is a consistent decline in the forecasted import values of Propene (Propylene) to Indonesia. The year-on-year variations from 2024 to 2028 are -17.52% (2025), -20.88% (2026), -25.85% (2027), and -34.12% (2028). The Compound Annual Growth Rate (CAGR) over the period 2024-2028 is approximately -24.12%.
Future Trends to Watch
The consistent downward trend in propene import suggests potential increased local production, enhanced recycling methods, or substitution with alternative materials. Key factors to monitor include advancements in local petrochemical industry capacities, government policies, and shifts in demand from propene-consuming sectors such as automotive, packaging, and textiles.
