The projected import values for synthetic staple fibres to Indonesia are as follows: $344.11 million in 2024, $352.51 million in 2025, $360.74 million in 2026, $368.81 million in 2027, and $376.71 million in 2028. Year-on-year percentage changes demonstrate a consistent upward trend with the following variations: from 2024 to 2025 (2.44%), 2025 to 2026 (2.33%), 2026 to 2027 (2.24%), and 2027 to 2028 (2.14%). The compound annual growth rate (CAGR) over the forecasted five-year period is 2.29%.
Future Trends to Watch
Future trends to monitor include potential changes in global trade policies, fluctuations in raw material prices, and advancements in synthetic fibre technology. Additionally, shifts in domestic textile industry demand and any geopolitical factors influencing trade routes could significantly impact import volumes.