In 2023, the import volume of compressed asbestos fibre jointing in sheets and rolls to Indonesia stood at 1.85 million kilograms. According to the forecast data from 2024 onwards, the import volume is expected to rise steadily. For 2024, the volume is projected to be 1.9037 million kilograms, representing a 2.9% increase from the previous year. This trend continues with an anticipated increase to 1.9642 million kilograms in 2025 (3.2% year-on-year increase), 2.0235 million kilograms in 2026 (3.0% increase), 2.0816 million kilograms in 2027 (2.9% increase), and 2.1385 million kilograms in 2028 (2.7% increase). The compound annual growth rate (CAGR) for the forecast period from 2024 to 2028 is approximately 2.9%.
Future trends to watch for include:
- Emerging regulations and legal constraints on the use of asbestos fiber, considering potential health and environmental impacts.
- Advances in alternative materials that may substitute compressed asbestos fiber jointing in various applications.
- Economic factors and industrial demand influencing import rates, such as Indonesia's expanding manufacturing and infrastructure sectors.
- Trade policies and agreements that could affect the cost and availability of imports.
