The import of moulds for glass to Indonesia is projected to decrease steadily from 2024 to 2028. Starting from a forecasted volume of 113.72 thousand kilograms in 2024, it is expected to decline to 100.9 thousand kilograms by 2028. The year-on-year percentage change shows a consistent decline of approximately 3% each year. Over the last two years, this trend indicates a cautious but steady reduction. The Compound Annual Growth Rate (CAGR) for the five-year forecasted period is approximately -3.02%, indicating a modest but persistent downward trend.
Looking into future trends, it's advisable to monitor technological advancements in glass production and potential shifts towards domestic manufacturing capabilities. Additionally, any significant changes in Indonesia’s trade policies or economic conditions could influence the import volumes of moulds for glass. Environmental regulations and sustainability trends could also shape the market landscape, impacting the demand for imported moulds.
