Between 2013 and 2023, Indonesia's import of particle board of wood exhibited significant fluctuations. The volume peaked in 2013 at 345.21 million kilograms, experiencing a drastic descent each subsequent year. From 2022 to 2023, the volume fell by 6.21% to 87.628 million kilograms. This equates to a compound annual growth rate (CAGR) of -0.43% between 2018 and 2023. The forecast shows a continuous decline, with an expected CAGR of -6.76% over the next five years, reaching 57.003 million kilograms by 2028. Overall, the import volume has seen a sharp decrease of 74.5% since 2013, projecting a continued downward trend.

Future trends to watch for:

Potential shifts in local production capacities and policies aligning with sustainable practices.
Changes in global market dynamics and supply chain disruptions affecting import volumes.
Technological advancements in particle board production increasing local capabilities.
Impacts of trade agreements and tariffs on import volumes.