The import of parts of electronic integrated circuits to Indonesia showed substantial fluctuations from 2013 to 2023. The actual data reveals a significant growth starting in 2015, notably in 2017 with a 91.63% increase, reaching 3.4372 million kilograms. A modest growth trend continues up to 2023, with values reaching 4.47 million kilograms, despite a slight dip in 2020. Year-on-year variations for the past two years were 4.72% in 2022 and 4.42% in 2023, aligning with a cautious growth trajectory. The compound annual growth rate (CAGR) over the last five years stands at 4.18%, highlighting a steady growth rate.
Forecasted data from 2024 indicates continued growth, projecting a 3.13% CAGR over the next five years, suggesting the volume will reach 5.4577 million kilograms by 2028. The expected cumulative five-year growth rate stands at 16.68%, reflecting consistent demand.
Future trends to watch include advancements in technology, changing trade policies, and Indonesia's economic resilience, which could influence import volumes. Monitoring the global electronic supply chain disruptions and the country's strategic initiatives in technological adoption will be crucial for future forecasts.
