The forecasted import values of plasticised polyvinyl chloride (PVC) to Indonesia from 2024 to 2028 show a steady increase. In 2023, the imports stood at 12.048 million US dollars. From 2024 to 2025, the year-on-year variation is approximately 1.83%. This trend remains consistent over subsequent years with a slight increase: 1.76% from 2025 to 2026, 1.70% from 2026 to 2027, and 1.63% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years is estimated at around 1.70%.
Future trends to watch for:
- Fluctuations in global crude oil prices affecting raw material costs and import prices.- Changing regulations on plastic usage and environmental policies in Indonesia.- Technological advancements in alternative materials that could impact PVC demand.- Economic growth and sector-specific development, particularly in construction and packaging, steering demand for plasticised PVC.
