In 2023, the import value of tufted carpets of nylon or polyamides to Indonesia stood at $16.453 million. The year-on-year growth was 4.44% and the five-year Compound Annual Growth Rate (CAGR) was 4.34%. Historical data show fluctuations, with significant increases in 2017 and 2021, and more modest growth in recent years. From 2013 to 2023, the market experienced periods of rapid expansion and slower growth, with an overall upward trend.
Future trends to watch for include continued moderate growth, with forecasted figures suggesting a CAGR of 2.9% from 2024 to 2028 and an overall growth rate of 15.35% over the next five years. Factors like economic conditions, domestic production capabilities, and global supply chain dynamics will play crucial roles in shaping the market's direction.
