Forecast: Import of Butadiene Rubber (BR) to Indonesia

The import of Butadiene Rubber (BR) to Indonesia exhibited significant fluctuations over the years. In 2013, the import volume stood at 78.024 million kilograms, increasing to 116.17 million kilograms by 2023. Observing the year-on-year variations, imports saw notable dips in 2014, 2015, and 2020, with decreases of 3.05%, 3.93%, and 14.12% respectively. However, these were offset by remarkable growth in years like 2016 (24.99%), 2019 (18.22%), and 2021 (8.54%). The Compound Annual Growth Rate (CAGR) over the last five years leading to 2023 was consistently around 3.3%, indicating steady growth.

Future trends project a CAGR of 2.22% from 2023 to 2028, leading to a forecast volume of 133.3 million kilograms by 2028, reflecting an 11.59% growth from 2023. Key trends to watch for include potential shifts in global supply chains, technological advancements in synthetic rubber production, and changes in trade policies which may impact import volumes to Indonesia.

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