Forecast: Import of Fabricated Asbestos Fibres to Indonesia

Between 2013 and 2023, Indonesia's import of fabricated asbestos fibers demonstrated a mixed trend. After a steep fall in 2013, the imports gradually recovered, with significant growth in 2017 and a subsequent dip in 2020. By 2023, the import value stood at $13.509 million, representing a 2.04% year-on-year increase from the previous year. Over the past five years, the imports witnessed an average annual growth rate (CAGR) of 1.37%.

Future trends to watch for:

  • Forecasted imports show a consistent increase, with a 5-year CAGR of 1.56%, indicating moderate but steady growth.
  • Investigation into alternatives to asbestos due to health concerns could affect future import volumes.
  • Potential regulatory changes and increased environmental awareness could influence the demand and import practices for fabricated asbestos fibers.

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