Analyzing the import of motorcycle parts, except saddles, to Indonesia, we observe fluctuations from 2013 to 2023, with volumes expressed in million kilograms. The value stood at 122.38 million kilograms in 2023. The year-on-year variation saw significant shifts, with noteworthy increases in 2014 (14.25%) and 2021 (17.31%), and considerable declines like in 2015 (-17.62%) and 2020 (-14.84%). The last five-year CAGR is at 2.48% as of 2023. Forecasted growth shows a more stable trend with a 5-year CAGR of 1.75%, pointing to a cumulative 9.06% increase by 2028.
Future trends to watch for include:
- Potential stabilization in import volumes spurred by steady economic conditions.
- Technological advancements and shifting trade policies impacting import dynamics.
- Increased domestic production capabilities possibly reducing import reliance.
