The import value of portable battery and magneto-electric lamps to Indonesia stood at 59.372 million USD in 2023. Forecasted values indicate a consistent year-on-year growth, with the import value reaching 61.266 million USD in 2024, followed by incremental increases in subsequent years, culminating at 70.834 million USD by 2028. The projected year-on-year growth rates between 2024 and 2025, 2025 and 2026, 2026 and 2027, and 2027 and 2028 are approximately 4.0%, 3.8%, 3.6%, and 3.4% respectively. The compound annual growth rate (CAGR) from 2023 to 2028 is anticipated to be around 3.6%.
Future trends to watch for include advancements in portable power storage technology, the increasing adoption of renewable energy sources, and potential shifts in trade policies which may impact import tariffs and regulations. The market demand could also be influenced by consumer preferences and the growth of related sectors such as outdoor activities and emergency preparedness.
