The import of bumpers and parts thereof for motor vehicles to Indonesia has depicted oscillating trends over the past decade, beginning with a peak in 2013 and fluctuating until 2017, where it increased sharply by 30.83%. In 2023, the import value stood at 52.405 million US dollars, showing a modest increase of 3.02% compared to the previous year. Over the last two years, annual variations were moderate with a year-on-year increase from 2021 to 2022 by 8.6% and then from 2022 to 2023 by 3.02%. The Compound Annual Growth Rate (CAGR) for the last five years was 2.64%, indicating steady growth.

Future trends to watch for:

Projected sustained growth with a 5-year forecast CAGR of 2.25%, culminating in an 11.79% growth rate by 2028.
Continuing demand influenced by rising automotive industry requirements and evolving market dynamics.
Potential impact of newer automotive technologies and manufacturing shifts on import volumes.