The import value of moulds for metals, plastic, and rubber to Indonesia is set to increase from USD 412.56 million in 2024 to USD 447.67 million in 2028. This forecast follows past data indicating an actual value of USD 403.79 million in 2023. The year-on-year variation from 2024 to 2028 demonstrates a consistent upward trend, with annual growth rates ranging between 2.19% and 2.62%. Over the past two years, the imports increased from USD 395.15 million in 2022 to USD 403.79 million in 2023, showing a growth rate of 2.18%. The Compound Annual Growth Rate (CAGR) over the last five years indicates an average annual increase of 2.14%.
Future trends to watch for include increasing demand from Indonesia's manufacturing sector, particularly in automotive and consumer goods, technological advancements in mould production, and potential trade policy changes that could impact import rates. Monitoring these factors will provide insights into the evolving dynamics of this market and help anticipate further growth or potential challenges.
