Forecast: Import of Aircraft Spark-Ignition Engines to Indonesia

Based on the provided data, the import of aircraft spark-ignition engines to Indonesia shows a forecasted decline from 16.85 thousand kilograms in 2024 to 4.02 thousand kilograms in 2028. Compared to an actual value of 20.15 thousand kilograms in 2023, the imports are projected to decrease significantly. From 2023 to 2024, the value decreases by approximately 16.4%. The following years see decreases of 19.6% (2024-2025), 23.9% (2025-2026), 30.8% (2026-2027), and 43.6% (2027-2028). The Compound Annual Growth Rate (CAGR) from 2023 to 2028 reflects a consistent annual decrease of 21.7%.

Future trends to watch for include potential shifts in Indonesia’s aviation industry, such as advancements in engine technology, policy changes affecting imports, and developments in the domestic manufacturing of aircraft engines. Monitoring these factors could provide insights into whether the declining trend will continue or stabilize in the coming years.

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