In 2023, Indonesia's import of inorganic chemicals, precious metal compounds, and isotopes stood at $2.2001 billion. From 2013 to 2023, the data reveals a fluctuating trend with initial declines followed by periods of recovery and growth. Year-on-year variation over the past two years was 2.41% for 2023 and -2.36% for 2022. The five-year CAGR before 2024 was 1.36%.
Future trends to watch for include ongoing incremental growth with a forecasted CAGR of 1.81% from 2024 to 2028. Anticipate a cumulative growth rate of 9.38% over the next five years, despite possible economic and geopolitical uncertainties that may impact import volumes and values.
