The import value of Monobutyl Ethers of Ethylene and Diethylene Glycol to Indonesia showed varied trends from 2013 to 2023. The highest decrease was observed in 2016 with a year-on-year drop of 14.14%, while significant recovery occurred in 2018 with a growth of 42.37%. In 2023, imports stood at 24.787 million US dollars, reflecting a slight year-on-year increase of 1.15%. Over the last two years, the trend indicated a modest growth with a CAGR of -0.51% during the past five years. Future projections suggest a steady increase with a CAGR of 0.91% and an overall forecasted growth rate of 4.64% from 2024 to 2028.
Future trends to watch for include potential fluctuations due to global market dynamics and shifts in Indonesia’s industrial demand, which could impact the import value. Monitoring regulatory changes and economic conditions will be crucial to understanding the long-term import trends of these chemical ethers.
