From 2013 to 2023, the import value of hydraulic turbines, water wheels, and regulators in Indonesia showed a compound annual growth rate (CAGR) of 1.56%. The highest annual growth was observed in 2016 with a 38.3% increase, and notably large growth of 65.57% occurred in 2018. However, the import value also saw significant fluctuations such as declines in 2017 (-37.41%), 2019 (-5.19%), and 2020 (-14.02%). The value stood at $35.265 million in 2023. The forecast period from 2024 to 2028 predicts moderate growth with a 5-year CAGR of 2.27%, reaching $40.73 million by 2028.

Future trends to watch for:

Advancements in renewable energy technologies.
Increases in government and private sector investments in hydropower projects.
Potential policy changes affecting import regulations and tariffs.
Emerging need for higher efficiency and capacity in hydraulic turbines and water wheels.