Based on the provided data, the import values for Phenols and Phenol-Alcohols to Indonesia are as follows:
Year | Value (Million US Dollars) | Year-on-Year Variation (%) |
---|---|---|
2024 | 60.679 | |
2025 | 61.88 | 1.98% |
2026 | 63.058 | 1.90% |
2027 | 64.212 | 1.83% |
2028 | 65.343 | 1.77% |
The Compound Annual Growth Rate (CAGR) over the forecasted period (2024-2028) is approximately 1.87%.
Future Trends to Watch: The steady year-on-year increase in import values suggests a consistent growing demand for phenols and phenol-alcohols in Indonesia. Factors to monitor include local industrial growth, regulatory changes, and global market dynamics that can influence import needs and pricing.