Forecast: Import of Parts of Domestic Appliances with Electric Motor to Indonesia

From 2013-2023, the import of parts of domestic appliances with electric motors to Indonesia experienced several fluctuations. Significant drops occurred in 2014 and 2015, with a notable rebound in 2016. The years following saw mixed changes with minor increases and decreases. By 2023, the import volume stood at 6.2195 million kilograms, showing steady growth since 2020. The year-on-year change for 2023 was 2.32%, with a five-year CAGR of 4.04%.

Future trends indicate a moderate, steady increase with a forecasted five-year CAGR of 1.76% from 2024-2028, projecting a growth rate of 9.14% by 2028. It's crucial to monitor potential economic factors, global supply chain impacts, and emerging technological advancements in the appliance sector that could influence future imports.

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