As of 2023, the import of softwood plywood to Indonesia stood at 34.53 thousand cubic meters. Forecasted data from 2024 to 2028 shows a continuous, though slight, annual decline in import volume. Specifically, the volume is expected to decrease by year-on-year percentages: -1.42% in 2025, -1.44% in 2026, -1.40% in 2027, and -1.42% in 2028. Monitoring this trend over the last two years indicates a consistent decrease in volume. The Compound Annual Growth Rate (CAGR) for the forecast period reveals an average annual decline of approximately 1.42%.
Future trends to watch for include changes in domestic production capacity, government policies impacting import tariffs and regulations, and potential shifts in construction industry demand which could affect the overall trends in import volumes of softwood plywood to Indonesia.
