The import of clutches and parts thereof for motor vehicles in Indonesia has seen fluctuations from 2013 to 2023, with notable declines and recoveries. In 2023, imports stood at 118.48 million USD, marking a 3.09% increase from the previous year. Based on actual and forecasted data, a CAGR of 2.25% over the last five years was observed. Notably, from 2013 to 2016, there were significant declines followed by recovery till 2018 and minor fluctuations after. Projected data for 2024-2028 suggests a steady growth with a forecasted 5-year CAGR of 2.3% and a total expected growth of 12.06%.
Key trends to watch for include:
• The stability of the growth rate, ensuring the consistency in imports.
• Economic factors in Indonesia that might impact automotive demand.
• Global supply chain dynamics and technological advancements in clutch systems.
