Forecast: Import of Flexographic Printing Machinery to Indonesia

The import of flexographic printing machinery to Indonesia has shown significant fluctuations over the years, with values reaching a high in 2013 at approximately 31.349 million USD and a low in 2016 at 11.57 million USD. The latest actual data from 2023 shows imports standing at 24.056 million USD. Year-on-year variations indicate a return to modest growth with a 2.58% increase in 2023. The compounded annual growth rate (CAGR) over the last 5 years reveals a growth of 3.92%.

Looking forward, forecasts predict a steady increase in imports with a 5-year CAGR of 1.94%, expecting the value to reach 27.211 million USD by 2028. This represents a cumulative growth rate of 10.08% over the next five years.

Future Trends to Watch:

• Technological advancements in flexographic printing
• Changes in trade policies and tariffs
• Demand shifts in the packaging industry due to environmental concerns
• Fluctuations in the Indonesian manufacturing sector's performance