Imports of chemical pulps of other fibrous material to Indonesia have fluctuated significantly over the past decade, standing at 1.9089 million kilograms in 2023. Recent trends indicate a slight decrease, with the year-on-year variation in 2022 and 2023 showing a respective decline of 1.4% and 1.39%. The CAGR over the past five years indicates an average annual increase of 1.19%.
Forecasting into the future, from 2024 to 2028, the import volume is projected to gradually decline, with a forecasted CAGR of -1.21%. By 2028, imports are expected to fall to 1.7681 million kilograms, indicating an overall decrease of 5.92% from the 2023 volume.
Future trends to watch for include:
- Potential shifts in global supply chains due to geopolitical factors.
- Changes in domestic production capacity for chemical pulps.
- Economic policies affecting import tariffs and trade regulations.
- Technological advancements and innovations in alternative materials.
- Sustainability practices impacting demand for chemical pulps.
The analysis suggests a cautious outlook for the industry, with gradual shifts and external factors playing a pivotal role in shaping future import volumes.
