The import of tankers to Indonesia has seen fluctuating trends from 2013 to 2023, with substantial increases and decreases in the early years, followed by more steady growth in the latter years. In 2023, the import value stood at 444.35 million USD. The year-on-year variation for 2022 and 2023 showed modest growth of 4.47% and 4.19% respectively. Over the last five years, the compound annual growth rate (CAGR) has been stable at 2.89%.
Future trends to watch for:
- The forecast shows a consistent year-on-year growth rate, averaging 3% annually over the next five years.
- Expected overall growth in import value by 15.9% from 2024 to 2028.
- Potential market drivers such as increasing demand for energy and trade opportunities in the Asia-Pacific region may further impact the tanker import growth rate.
