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The phrase "a significant decline from" is correct and usable in written English.
It can be used when discussing a noticeable decrease in a particular metric or value compared to a previous point in time or another reference.
Example: "The company reported a significant decline from last year's profits, prompting a review of its business strategy."
Alternatives: "a notable drop from" or "a considerable decrease from".
Exact(29)
Inequality is also at a historic low, with the Gini coefficient (which measures income inequality) dipping under 50 in 2009 for the first time since records began, a significant decline from rates nearer 60 a decade earlier.
"We're seeing a significant decline from last year's profits," he said.
But that is the lowest level in 20 years and a significant decline from a high of about 75percentt in 1994.
That is a significant decline from the $1,000-a-kilowatt-hour cost that was the auto industry's rule of thumb until recently.
If goals scored and minutes played under those formats are excluded, the actual average is 5.24 goals each 60 minutes of regulation play — a significant decline from the average of 5.53 of last season and the 5.94 of 2005-6.
While some parts of the report methodology have changed between the 2010 and 2015 reports, it is still worth pointing out that there has been a significant decline from 2010 to 2015.
Similar(31)
For the general hospitals, the TCM drug revenue as a percentage of total service revenues for outpatient care declined insignificantly from 5.26% to 3.87% from 1999 to 2004, while there was a significant decline for the TCM hospitals from 19.73% to 13.77% during the same period.
A significant decline in mortality from CNS tumours was observed from 1982-2005 for males (APC = −3.1%) and between 1982 and 2005 for females (APC = −4.6%).
Initial accounts of last Tuesday's presidential election contemplated what seemed to be a significant decline in turnout from 2008.
It won by a landslide, with 72% of the vote, although that represented a significant decline of 10% from the 2008 elections.
Despite a significant decline in deaths from these diseases over the past decade, they still threaten more than half the world's population and, together, kill nearly three-quarters of a million people each year.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com