The import of parts and accessories for wood and plastic machine tools to Indonesia has experienced a general upward trend from 2013 to 2023, with only a few fluctuations. The value increased from 11.66 million US dollars in 2013 to 22.462 million US dollars in 2023. Significant growth occurred in 2015 (34.75%) and 2021 (24.6%), while a notable decline was seen in 2020 (-14%). The average CAGR over the last five years stands at 3.19%.
Projected data from 2024 to 2028 suggests a continued growth at a CAGR of 2.28%, reaching 25.963 million US dollars in 2028. Future trends to watch for include:
-Technological advancements in machine tools that may influence import volumes and values.
-Changes in trade policies or tariffs affecting international trade.
-Economic shifts within Indonesia impacting industrial and manufacturing sectors.
-Global supply chain dynamics, especially in light of evolving geopolitical scenarios.
