The import of copper tableware and kitchenware to Indonesia has shown a varied trend over the past decade, with significant growth followed by periods of decline and recovery. The value stood at $10.542 million in 2023, representing a modest increase from $10.05 million in 2022, with a year-on-year growth rate of 4.89% and an overall CAGR of 4.23% over the past five years.
Year-on-year variations show fluctuating growth, with notable peaks in 2017 (61.08%) and 2021 (27.3%), reflecting periodic spikes in demand. Forecasts suggest a continued increase in import value, with a projected value of $13.107 million by 2028, reflecting a forecasted 5-year CAGR of 3.42%.
Looking ahead, several trends could impact future imports:
• Rising popularity of copper kitchenware for its aesthetic appeal and antibacterial properties. • Potential global supply chain disruptions and trade policies influencing import dynamics. • Increasing focus on sustainable and recyclable materials potentially boosting demand for copper products.
