The import of safety glass laminated for non-vehicle use to Indonesia witnessed significant fluctuations from 2013 to 2023. Starting from a low base of 340.12 thousand kilograms in 2013, it rapidly increased over the following years, reaching 4654.0 thousand kilograms by 2023. The most notable growth was observed between 2014 and 2016, with a peak rise of 319.65% in 2014. Despite periods of decline, such as in 2017 and 2018, the import volume generally followed an upward trend. The average annual growth rate (CAGR) over the last five years stood at 8.54%, indicating steady growth.
Future projected imports from 2024 to 2028 show a steady increase, with a forecasted CAGR of 3.19%. By 2028, the import volume is expected to reach 5702.7 thousand kilograms, a 16.99% growth from 2023.
Future trends to watch for:
- Stabilization in annual growth rates, with smaller year-on-year variations compared to the past decade.
- Potential shifts in demand driven by changes in construction and architectural trends within Indonesia.
- Impact of import policies and tariffs on the trade of safety glass laminated goods.
- Technological advancements in safety glass manufacturing that may influence import volumes.
