In 2023, Indonesia's import of porcelain or china tableware and kitchenware stood at USD 18.14 million. The past decade witnessed significant fluctuation, with notable drops in 2014 and 2015, but substantial rebounds in 2017 and 2018. The import volume generally increased from 2016 onward, culminating in a steady upward trend since 2021.
Year-on-year, there was an increase of 3.98% from 2022 to 2023. The last five years show a Compound Annual Growth Rate (CAGR) of 0.13%, indicating relative stability following previous periods of significant variability. Forecasts from 2024 to 2028 project a steady upward trend, with a 5-year CAGR of 2.86%, reflecting a consistent growth pattern anticipated over the forthcoming years.
Future trends to watch for:
- Despite past volatility, the projected steady increase suggests an improving economic climate and growing demand for porcelain and china tableware and kitchenware in Indonesia.
- Potential impacts of global economic conditions and trade policies on import volumes.
- Emergence of local alternatives and shifts in consumer preferences could influence future import trends.
