The import of not printed paper labels of all kinds to Indonesia stood at 1.2703 million kilograms in 2023. The trend over the last decade shows significant fluctuations, with peaks in 2014 and valleys in 2016. In the most recent years, from 2021 to 2023, the imports have been decreasing steadily: -3.02% in 2022 and -3.05% in 2023. Observing a broader period from 2018 to 2023, there was an average annual decline of approximately -2.99%.
For future trends, a further decrease is forecasted, with a projected decline down to 1.0612 million kilograms by 2028, with a forecasted 5-year CAGR of -2.85%. Key factors to watch include potential macroeconomic changes, shifts in supply chain management, and innovations in label materials that could impact import volumes.
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