The import of photosensitive, photovoltaic, and LED semiconductor devices to Indonesia is forecasted to steadily rise through 2028. In 2023, actual data showed imports valued at 220 million USD. Forecast data reveals a consistent year-on-year increase: 2024 is set at 228.02 million USD, 2025 at 235.77 million USD, 2026 at 243.38 million USD, 2027 at 250.82 million USD, and 2028 at 258.13 million USD. This indicates an average annual growth rate (CAGR) of around 4%.
Variations:
- 2024: +3.6%
- 2025: +3.4%
- 2026: +3.2%
- 2027: +3.1%
- 2028: +2.9%
Future trends to watch for involve advances in semiconductor technology, government policies promoting renewable energy sources, and increased demand for high-performance and energy-efficient devices. Monitoring these factors will be critical for accurate future projections and strategic planning.
