The import of combine harvester-threshers to Indonesia has shown significant fluctuations over the past decade. The value stood at $71.278 million in 2023. From 2013 to 2017, there was a general upward trend, peaking in 2017 with a value of $95.12 million. However, 2018 saw a sharp decline, followed by a recovery phase up to 2023.
Year-on-year variations have been pronounced, with an 81.06% increase in 2016 and a drastic -59.21% drop in 2018. The compound annual growth rate (CAGR) from 2021 to 2023 averaged 12.93%, showing moderate growth despite the volatility. For the forecasted period up to 2028, a 2.82% annual growth rate is expected, culminating in a 14.91% total increase over the next five years.
Future trends to watch for include advancements in agricultural technology, government policies on import tariffs, and domestic production capacities, which could either boost or challenge the import volumes.
