Forecast: Import of Antibiotics to Indonesia

The import of antibiotics to Indonesia has witnessed several fluctuations over the past decade. From 2013 to 2017, the value showed a notable decline, with occasional temporary recoveries. The trend reversed significantly from 2018, reaching a peak in 2020 and continuing an upward trajectory until 2023. In 2023, the import value stood at $153.17 million, an increase of 2.19% year-on-year compared to 2022. Overall, the Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 1.65%.

Future forecasts from 2024 to 2028 indicate a continued but slowed growth in antibiotic imports with a projected five-year CAGR of 1.47% and an overall growth rate of 7.59% by 2028. This suggests a steady but moderate increase in the demand for antibiotics in Indonesia.

Future trends to watch for:

  • Changes in regulatory policies affecting imports.
  • Economic conditions and their impact on healthcare spending.
  • Local production capacities and potential shifts to domestic antibiotic production.
  • Emerging health crises or pandemics influencing antibiotic demand.

Top Countries about Antiviral