Key Data:
- 2024: $62.737 Million
- 2025: $64.519 Million (+2.84%)
- 2026: $66.265 Million (+2.70%)
- 2027: $67.975 Million (+2.58%)
- 2028: $69.652 Million (+2.47%)
CAGR (2024-2028): 2.65%
Future Trends to Watch: The import of phenolic resins to Indonesia is expected to show a steady growth trend with a consistent year-on-year increase averaging 2.65% annually. This points to a stable demand trajectory, likely driven by growing industrial applications and regional economic development. Key factors to monitor include fluctuations in global resin supply, trade regulations, and advancements in resin technology that might impact these import volumes.
