The import of office equipment of base metal to Indonesia showed an annual variation from 2013 to 2023, with significant peaks and troughs. In 2023, the import volume stood at 4.8646 million kilograms. Notably, the import volume saw a sharp rise in 2014 and 2015, followed by a decline in subsequent years, hitting a low in 2017. Post-2017, the import value showed a gradual recovery but remained volatile. Over the last two years, the year-on-year variation was 1.63% in 2022 and 1.57% in 2023. The Compound Annual Growth Rate (CAGR) for the past five years from 2018 to 2023 stood at 3.49%.
The forecast for the import volume presents a steady growth from 2024 to 2028, with the value expected to reach 5.257 million kilograms by 2028. The five-year forecasted CAGR is anticipated to be around 1.22%, indicating modest growth dynamics with an overall growth rate of 6.26% across this period.
Future trends to watch for include:
- The impact of global economic uncertainties on import volumes.
- Technological advancements and their influence on the demand for office equipment.
- Indonesia's domestic policies on trade and imports that might affect these numbers.