The import of parts for electric motors and generators to Indonesia increased from 14,881 million kilograms in 2013 to 30,320 million kilograms in 2023, representing more than a doubling in volume over the decade. Significant fluctuations were noted, notably a peak increase of 35.39% in 2015, down to a decline of -13.41% in 2020, and consistent growth post-2021. Year-on-year growth for the last two years is 3.83% and 3.61%, and the CAGR over the past 5 years stands at 3.79%. Projected CAGR from 2024-2028 is set at 2.63%.

Future Trends to Watch For:

Potential growth drivers include advancements in electric vehicle production and renewable energy industries.
Potential impact of government policies on sustainable energy and automotive sectors.
Global supply chain disruptions could affect import patterns and costs.