The import of parts of electrical machines and apparatus to Indonesia has shown a consistent upward trend in recent years. In 2023, the value stood at a notable amount. From the forecasted data for 2024 to 2028, there is a clear annual increase in import values, starting from 46.371 million USD in 2024 and projected to reach 51.812 million USD by 2028.
Key year-on-year variations are as follows:
- 2024 to 2025: 3.03%
- 2025 to 2026: 2.87%
- 2026 to 2027: 2.74%
- 2027 to 2028: 2.61%
The compound annual growth rate (CAGR) over the forecasted period (2024-2028) suggests an average annual increase of approximately 2.81%.
Future trends to watch include technological advancements in electrical machinery, increased automation, and potential governmental policies aimed at enhancing domestic capabilities, which could impact import levels. Additionally, global supply chain dynamics and trade agreements will play crucial roles in shaping import quantities and values.
