In 2023, the import value of tableware and kitchenware of porcelain or china to Indonesia stood at $18.191 million US dollars. The forecasts for subsequent years indicate moderate growth: $18.923 million in 2024, $19.686 million in 2025, $20.435 million in 2026, $21.168 million in 2027, and $21.887 million in 2028.
Year-on-year comparisons show the following growth rates:- 2024 vs. 2023: 4.0%- 2025 vs. 2024: 4.0%- 2026 vs. 2025: 3.8%- 2027 vs. 2026: 3.6%- 2028 vs. 2027: 3.4%
Over the 2024 to 2028 period, the Compound Annual Growth Rate (CAGR) is projected to be 3.7%, demonstrating a consistent upward trend in imports.
Future trends to watch for include potential shifts in consumer preferences towards high-quality porcelain or china products, increased competition from local manufacturers, and impacts of international trade policies or tariffs. Monitoring these factors will be crucial for accurately forecasting future import dynamics and market demand.