Based on the actual data and forecasts, the import of motor vehicle seats to Indonesia showed notable fluctuations from 2014 to 2023. In 2023, imports stood at 64.59 thousand units, reflecting a 4.11% increase from 2022. The five-year CAGR up to 2023 was 1.05%. Between 2014 and 2018, there were significant year-on-year variations, with a remarkable 205.41% increase in 2017. Since 2019, the trend has been more stable, with moderate variations and an overall positive trajectory towards 2023.
Future forecasts indicate a consistent growth trend, with an expected import volume of 77.73 thousand units by 2028 and a forecasted five-year CAGR of 2.96%. The total forecasted growth from 2024 to 2028 is 15.7%.
Future trends to watch for include potential impacts from global supply chain changes, technological advancements in vehicle seating materials, and regulatory shifts affecting import policies.
