Forecast: Energy Consumption in Transport in Indonesia

Between 2013 and 2023, energy consumption in the transport sector in Indonesia exhibited fluctuating trends, reaching a peak value in 2018 at 34.15 units, then declining to 29.59 units in 2023. Notably, YoY growth saw significant variability, with the highest growth in 2013 at 13.28% and notable declines in recent years, including -4.65% in 2020 and -1.89% in 2023. Meanwhile, the CAGR over the last five years indicates a downward trend, averaging -2.83% annually from 2018 to 2023.

For the forecast period from 2024 to 2028, energy consumption is expected to continue decreasing, with a forecasted 5-year CAGR of -0.75% and an average annual growth rate of -3.67%. By 2028, the projected consumption value is set to reach 28.07 units.

Future trends to watch for:

  • Potential advancements in energy-efficient technologies in the transport sector.
  • Impact of governmental policies promoting renewable energy use and reduced fossil fuel dependence.
  • Shifts in consumer behavior towards more sustainable transportation options.

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