In 2023, the import of aircraft spark-ignition engines to Indonesia was valued at 7.35 million USD. For 2024, the forecasted value is 6.2018 million USD, representing a year-on-year decrease of approximately 15.6%. Continuing this trend, in 2025, the value is expected to decrease by around 14.9% to 5.2789 million USD. The forecast for 2026 shows a further decrease to 4.3744 million USD, marking a 17.1% reduction from the previous year. By 2027, the value is predicted to drop to 3.4881 million USD, a 20.3% decline. Finally, in 2028, the expected value is 2.6195 million USD, indicating a 24.9% decrease from 2027. Over the five-year period from 2024 to 2028, the average annual compound decline rate (CAGR) is approximately 23.6%.
Future trends to watch for include potential shifts in global trade policies, advancements in alternative aviation technologies that might impact the demand for traditional spark-ignition engines, and changes in the economic stability of Indonesia, which could influence import capacity and needs.
