Based on the provided data, the year-on-year percentage increases in import value for artificial staple fibers to Indonesia are as follows: 3.46% from 2024 to 2025, 3.28% from 2025 to 2026, 3.11% from 2026 to 2027, and 2.96% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 3.2%.
Future Trends to Watch
Indonesia's import of artificial staple fibers is expected to demonstrate steady growth over the next five years. Key factors influencing this trend include rising demand in the textile and apparel industries, potential policy changes, and global market dynamics. Stakeholders should monitor technological advancements in fiber production and sustainability trends, which could impact future import volumes.