From 2013 to 2023, the import of Styrene-Butadiene Rubber (SBR/XSBR) Latex to Indonesia displayed a fluctuating but generally downward trend. After peaking in 2014, values declined notably, especially around 2016 and 2020. In 2023, the import value stood at $7.61 million, reflecting a 5.25% decrease from the previous year and a 5.18% average annual decrease over the past five years.

Future import values are forecasted to continue this downward trend, with an expected decline to $5.38 million by 2028. The forecasted 5-year CAGR indicates an average annual decline of 5.43%, culminating in a total decrease of 24.35% over this period.

Future trends to watch for:

Potential shifts in global SBR/XSBR production and supply chains.
Changes in domestic demand influenced by economic and industrial activities in Indonesia.
Impact of environmental regulations on the production and usage of SBR/XSBR latex.
Technological advancements in substitute materials.