Indonesian Paper Industry Sees Upturn Ahead of Election

The total paper needed for the 2024 election logistics reportedly reached 65.998 tonnes.

Afiffah Rahmah Nurdifa & Fatkhul Maskur

12 Feb 2024 - 13.18
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Indonesian Paper Industry Sees Upturn Ahead of Election

Illustration - KPPS members shown ballot papers to voters during a simulation of voting and counting votes with a simplified ballot paper design and form./Bisnis/Doc. KPU

Bisnis, JAKARTA — The paper industry experienced an upturn throughout 2023, partly driven by the increased demand leading up to the 2024 election.

Industry Minister Agus Gumiwang Kartasasmita said the paper industry grew by 4.52 percent throughout 2023. "The growth of the paper industry and paper-related products, printing, and media reproduction — which reached 4.52 percent — was influenced by the increase in printing demand ahead of the 2024 election," Agus said on Sunday (2/11/2024).

Based on Statistics Indonesia data, the growth rate of the paper industry in 2023 surged from around 3.73 percent in 2022. Throughout last year, the growth of the paper industry showed acceleration, with growth rates from the first to the fourth quarter being 2.22 percent, 4.5 percent, 5.49 percent, and 5.83 percent, respectively.

Business optimism in the paper industry for the next six months is also high, with the Industrial Confidence Index (IKI) for the paper and paper product industry at 81.1 percent.

Editor: Yusuf Waluyo Jati
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Indonesian Paper Industry Sees Upturn Ahead of Election

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