The import of herbicides, anti-sprouting products, and plant-growth regulators to Indonesia has shown a general upward trend from 2013 to 2023, standing at 57.318 million kilograms in 2023. There have been significant fluctuations in year-on-year volumes, notably in 2016 with a 51.94% increase and in 2018 with a -20.27% decrease. Over the last two years, growth has slowed with a 3.75% increase in 2022 and a 3.55% increase in 2023, showing stabilization against previous more volatile periods.
Looking ahead, the forecasted data indicates a gradual growth with the import volume expected to reach 67.573 million kilograms by 2028. This suggests a forecasted 5-year CAGR of 2.59% and an overall 13.62% growth rate, implying moderate but steady growth in the medium term.
Future trends to watch for include the impact of regulatory changes on import dynamics, advancements in agricultural technology, and shifts in domestic production capacities, as they could influence both the demand and the supply chain of these products.
