The import of parts for internal combustion spark ignition engines to Indonesia experienced fluctuations from 2013 to 2023, with significant declines in 2014 and 2015, followed by a recovery trend from 2017 onwards. In 2023, the value stood at 0.81985 Billion USD. Recent years showed moderate growth, with a slight increase in year-on-year variation by 0.62% in 2023. The five-year CAGR leading up to 2023 was -0.65%, indicating varying performance.

Future Trends to Watch For:

Continuous growth from 2024 with a forecasted five-year CAGR of 0.5% and a forecasted 2.54% increase by 2028.
Technological advancements in engine parts leading to potential shifts in import volumes.
Economic factors and policy changes impacting Indonesia’s automotive sector and import-demand dynamics.