In 2023, the import value of semiconductor devices, not light-sensitive or emitting, to Indonesia stood at 47.53 million US dollars. Over the past two years, the year-on-year variation saw an increase of 3.18% in 2022 and 3.02% in 2023. Analyzing the five-year compound annual growth rate (CAGR) from 2018 to 2023, there was an average annual growth of 2.51%. This indicates a moderate upward trend in imports over the recent period.
Between 2013 and 2023, import values demonstrated varied trends, with significant growth peaks in 2014 (60.15%) and significant declines in 2015 (-30.23%) and 2016 (-22.94%). The overall longer-term trend shows a progressive increase, stabilizing in recent years.
Future trends to watch for include:
- Continued moderate growth in import values, as predicted by the 2.24% forecasted five-year CAGR from 2024 to 2028.
- Potential market fluctuations driven by global semiconductor supply chains and technological advancements.
