Forecast: Import of Electronic Printed Circuits to Indonesia

In 2023, Indonesia's import of electronic printed circuits stood at 9.9763 million kilograms, showing a 2.06% year-on-year increase. From 2021 to 2023, imports displayed a positive growth trend. Over the longer term, the volume has fluctuated but demonstrated resilience. Between 2018 and 2023, the compounded annual growth rate (CAGR) was around 2.5%, indicating modest but consistent growth.

Looking forward, the forecast indicates a continued upward trajectory, with imports expected to reach 11.027 million kilograms by 2028. This represents a forecasted 5-year CAGR of 1.58% and an overall growth rate of 8.14% from 2024 through 2028. Analysts should watch for advancements in technology and shifts in global trade policies, which may impact import volumes. Additionally, local manufacturing capacities and consumer demand trends will significantly influence these forecasts.

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