The import of bombs, grenades, mines, missiles, and ammunition to Indonesia showed a steady increase from 2023 through 2028. In 2023, the import value stood at $203.72 Million. From 2024 onwards, the forecasts indicate a continued growth with 2024 at $210.85 Million, 2025 at $219.21 Million, 2026 at $227.41 Million, 2027 at $235.45 Million, and 2028 reaching $243.32 Million. Year-on-year variation shows a consistent upward trend: from 2023 to 2024 (3.5%), 2024 to 2025 (4.0%), 2025 to 2026 (3.7%), 2026 to 2027 (3.5%), and 2027 to 2028 (3.3%). The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 3.6%.

Future trends to watch for:

Geopolitical factors influencing defense spending and import policies in Indonesia.
Technological advancements driving the import of more sophisticated military equipment.
Regional security dynamics in South-East Asia potentially impacting Indonesia’s defense imports.