In 2023, the import value of aluminium doors, windows, frames, and thresholds to Indonesia stood at USD 24.465 million. The year-on-year variation for 2023 was an increase of 4.68%. Over the past two years, the year-on-year growth was 5.02% for 2022 and 26.99% for 2021. The compound annual growth rate (CAGR) over the last five years was 5.81%.
From 2013 to 2023, the overall trend shows significant fluctuation with notable jumps such as the 72.2% increase in 2017 and some declines like the -12.16% in 2020. This indicates periods of strong growth interspersed with corrections. Over the forecast period from 2024 to 2028, a steady growth is anticipated, with a forecasted 5-year CAGR of 3.29% and an overall growth rate of 17.59%.
Future trends to watch for include:
- Impact of global supply chain disruptions on import levels.
- Changes in local manufacturing capabilities within Indonesia.
- Government policies or tariffs affecting import regulations.
- Economic factors that may influence construction activities and demand for these products.
- Technological advancements in aluminium product manufacturing that could alter import needs.
