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Indonesia - Flat-Rolled Products Of Iron Or Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFlat-Rolled Steel Products Price in Indonesia - 2022
Contents:
- Flat-Rolled Steel Products Price in Indonesia (CIF) - 2022
- Flat-Rolled Steel Products Price in Indonesia (FOB) - 2022
- Flat-Rolled Steel Products Imports in Indonesia
- Flat-Rolled Steel Products Exports in Indonesia
Flat-Rolled Steel Products Price in Indonesia (CIF) - 2022
In 2022, the average flat-rolled steel products import price amounted to $2,291 per ton, with an increase of 78% against the previous year. Overall, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($2,523 per ton) and China ($2,330 per ton), while the price for Germany ($1,769 per ton) and Malaysia ($1,777 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Flat-Rolled Steel Products Price in Indonesia (FOB) - 2022
In 2022, the average flat-rolled steel products export price amounted to $910 per ton, shrinking by -11% against the previous year. Overall, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices reached the maximum at $1,402 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,695 per ton), while the average price for exports to Timor-Leste ($472 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+93.6%), while the prices for the other major destinations experienced more modest paces of growth.
Flat-Rolled Steel Products Imports in Indonesia
Flat-rolled steel products imports into Indonesia declined slightly to 117K tons in 2022, which is down by -4.7% against 2021 figures. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports attained the peak of 123K tons, and then shrank slightly in the following year.
In value terms, flat-rolled steel products imports skyrocketed to $269M in 2022. Overall, imports, however, saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Flat-Rolled Steel Products in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 60.1 | 47.2 | 72.7 | 120 | 25.9% |
China | 13.1 | 16.3 | 40.0 | 65.8 | 71.3% |
Taiwan (Chinese) | 14.2 | 12.2 | 27.4 | 45.5 | 47.4% |
Japan | 9.7 | 10.6 | 12.2 | 20.3 | 27.9% |
Malaysia | 13.4 | 5.3 | 3.8 | 12.3 | -2.8% |
Germany | 4.7 | 2.2 | 1.2 | 4.2 | -3.7% |
Others | 1.1 | 0.3 | 1.0 | 0.7 | -14.0% |
Total | 116 | 94.1 | 158 | 269 | 32.4% |
Top Suppliers of Flat-Rolled Steel Products to Indonesia in 2022:
- South Korea (52.4K tons)
- China (28.2K tons)
- Taiwan (Chinese) (18.0K tons)
- Japan (9.4K tons)
- Malaysia (6.9K tons)
- Germany (2.4K tons)
Flat-Rolled Steel Products Exports in Indonesia
Flat-rolled steel products exports from Indonesia amounted to 1.9K tons in 2022, leveling off at the year before. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, the exports reached the peak of 2.3K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, flat-rolled steel products exports contracted to $1.8M in 2022. The total export value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $1.9M, and then fell in the following year.
Export of Flat-Rolled Steel Products in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 569 | 127 | 532 | 901 | 16.6% |
Taiwan (Chinese) | 262 | 206 | 115 | 319 | 6.8% |
Singapore | 109 | 218 | 162 | 285 | 37.8% |
Egypt | 292 | 117 | 6.8 | 87.5 | -33.1% |
Timor-Leste | 6.1 | 12.8 | 24.2 | 41.0 | 88.7% |
Italy | N/A | 681 | 926 | N/A | 36.0% |
Qatar | N/A | 100 | N/A | N/A | 0% |
Canada | N/A | 52.2 | N/A | N/A | 0% |
Others | 245 | 57.6 | 184 | 127 | -19.7% |
Total | 1,484 | 1,571 | 1,949 | 1,760 | 5.9% |
Top Export Markets for Flat-Rolled Steel Products from Indonesia in 2022:
- India (1167.1 tons)
- Taiwan (Chinese) (366.0 tons)
- Singapore (168.1 tons)
- Egypt (103.1 tons)
- Timor-Leste (86.8 tons)
This report provides an in-depth analysis of the flat-rolled steel products market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24105110 - Tinplate, other tinned sheet and strip, including electrolytically chromium coated steel (ECCS)
- Prodcom 243220Z1 - Steel sheet and strip as well as cold-rolled slit strip (of nonalloy steel), hot-dipped or electrolytically metal-coated, of a width < .600 mm
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the flat-rolled steel products market in Indonesia.
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This report provides an in-depth analysis of the electrolytically metal-coated sheet market in Indonesia.
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This report provides an in-depth analysis of the global flat-rolled steel products market.
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
Global Electrolytically Metal-Coated Sheet Market Report 2018. This report provides an in-depth analysis of the global electrolytically metal-coated sheet market.
Global Hot-Rolled Plate Or Sheet Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled plate or sheet.
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Explore the world's best import markets for flat-rolled steel products and key statistics. Learn about the leading countries in steel imports.
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