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Jakarta Post

ANALYSIS: Pulp and paper industry growth stagnates

  • Araminta Setyawati

Jakarta   /   Wed, October 19 2016   /  09:39 am

The pulp and paper industry is still stagnant this year because economic growth in the largest markets, the US and Japan, has not yet recovered. The International Monetary Fund (IMF) has cut its forecast for the world economic growth to 3.1 percent from 3.8 percent at the beginning of this year. According to the IMF forecast, economic growth for the US and Japan is estimated at 2.2 percent and 0.3 percent, respectively. The amount of pulp and paper exports to the US was 12 percent of total exports in 2015 and 11 percent for Japan.

The Indonesian pulp and paper industry contributes to the growth of the industry in the national economy. It is still growing, although overshadowed by falling demand due to the increasing role of electronic media and internet technology. The consumption of paper in the world has a growth of 2 to 3 percent per year.

The pulp and paper industry st...