Forecast: Import of Glass Beads and Imitation Stones to Indonesia

In 2023, the actual value of the import of glass beads and imitation stones to Indonesia was 14.860 million USD. The forecasted data from 2024 to 2028 shows a steady increase in the import value, reflecting a consistent year-on-year growth. Specifically, the data forecasts incremental growth from 15.357 million USD in 2024 to 17.428 million USD in 2028. The average year-on-year growth rate over the last two years stands at 2.5%, while the Compound Annual Growth Rate (CAGR) over the next five years is projected to be approximately 3.4%.

Future trends to watch for include:

  • Potential impact of economic policies on import tariffs which might affect import costs.
  • Trends in local production of glass beads and imitation stones which could reduce demand for imports.
  • Shifts in consumer preferences towards more sustainable or locally sourced products.
  • Global supply chain disruptions that could affect import quantities and prices.
  • Technological advancements in manufacturing that could influence both quality and pricing in the international market.

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