The import of table or kitchen articles of aluminum to Indonesia has shown a diverse trend over the past years. From 2013 to 2023, the volume experienced a mixture of declines and growth. Significant growth was notably marked in 2017 with a 92.9% increase, followed by stable growth in the subsequent years. As of 2023, the import volume stood at 11.591 million kilograms. Over the last two years, year-on-year variations were 4.91% and 4.58% respectively. The compound annual growth rate (CAGR) over the last five years was 4.56%. Forecasts suggest a moderate growth trajectory with a forecasted 5-year CAGR of 2.98%, reaching around 13.993 million kilograms by 2028.
Future trends to watch for:
- Potential trade policies impacting import regulations.
- Economic fluctuations influencing consumer purchasing power and demand.
- Technological advancements in aluminum manufacturing and potential shifts in supplier bases.