From 2013 to 2023, Indonesia's paper and paper product exports to the US have shown high variability. The value reached its peak in 2014 with a significant year-on-year increase of 46.98%, followed by a sharp decline of 29.89% in 2015. Between 2015 and 2017, the exports consistently reduced, reaching a low point in 2017. There was a slight recovery in 2018 but mixed trends continued, leading to another decline by 2023, standing at $237.56 million, which is a decrease of 1.6% from 2022. Over the past five years, the CAGR was -2.65%, indicating a downward trend.
Looking ahead to 2028, a continuing decline is projected with a forecasted 5-year CAGR of -1.41% and an overall forecasted 5-year growth rate of -6.84%, suggesting a steady reduction in the value of exports. Key factors for the future include changes in US trade policies, shifts in global paper demand, and competition from other paper-exporting countries.
