The import of special purpose ships and vessels to Indonesia has shown significant fluctuations over the past decade, peaking in 2015 at USD 368.81 million and seeing substantial declines in various years such as 2016 and 2020. As of 2023, the import value stood at USD 114.34 million. Year-on-year variation reveals a 7.14% decline from 2022 to 2023, while the last five-year CAGR indicates an average annual drop of 8.41%.
Looking into the forecast data from 2024 onwards, there's a projected steady decline, with the import value expected to reach USD 68.383 million by 2028. The forecasted five-year CAGR from 2024 to 2028 is -8.16%, resulting in an overall decrease of 34.67% over that period.
Future trends to observe include changes in global trade policies, advancements in maritime technology, and initiatives within Indonesia aimed at boosting local ship production to potentially offset import demands. Monitoring shifts in regional economic conditions and international shipping regulation reforms will also be critical.
