Key Market Indicators
Indonesia's import of metal products is projected to climb to approximately $899 million by 2028, up from around $771 million in 2023. This marks an average annual growth rate of 2.4%. Historical data reveals that since 1994, the nation's demand for metal products has increased by an average of 3.1% each year. On the export front, Indonesia's metal products are expected to reach nearly $111 million by 2028, rising from about $102 million in 2023. This reflects a compound annual growth rate (CAGR) of 1.4%. Over the years, from 1994 onwards, the country's supply of metal products has grown by an average of 0.8% annually.