Forecast: Import of Rifles, Sporting, Hunting or Target-Shooting to Indonesia

The import of rifles for sporting, hunting, or target-shooting to Indonesia is forecasted to grow steadily from 2024 to 2028. The value stood at 2.92 million US Dollars in 2023. The year-on-year growth from 2024 to 2025 is expected to be around 5.7%, increasing to 5.3% from 2025 to 2026, 4.9% from 2026 to 2027, and 4.6% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is approximately 5.1%, reflecting a consistent upward trend in the import value.

Future trends to watch for include potential regulatory changes impacting the importation of firearms, shifts in consumer preferences towards different sporting activities, and changes in disposable income levels influencing spending on non-essential goods such as sporting rifles. Additionally, global events affecting trade policies and local economic conditions may also play significant roles in shaping the import patterns of these products.

Top Countries about Ammunition