Indonesia - Interchangeable Tools For Hand Tools - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInterchangeable Tool Price in Indonesia - 2022
Contents:
- Interchangeable Tool Price in Indonesia (CIF) - 2022
- Interchangeable Tool Price in Indonesia (FOB) - 2022
- Interchangeable Tool Imports in Indonesia
- Interchangeable Tool Exports in Indonesia
Interchangeable Tool Price in Indonesia (CIF) - 2022
The average interchangeable tool import price stood at $10,942 per ton in 2021, which is down by -31% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 55% against the previous year. As a result, import price attained the peak level of $22,829 per ton. From 2015 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($53,564 per ton), while the price for China ($7,861 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Interchangeable Tool Price in Indonesia (FOB) - 2022
The average interchangeable tool export price stood at $12,597 per ton in 2021, surging by 25% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 449% against the previous year. The export price peaked at $43,701 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($83,298 per ton), while the average price for exports to Pakistan ($3,264 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.9%), while the prices for the other major destinations experienced a decline.
Interchangeable Tool Imports in Indonesia
In 2022, approx. 2.4M tons of interchangeable tools for hand tools were imported into Indonesia; increasing by 8,874% on 2021 figures. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, interchangeable tool imports surged to $420M in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
Import of Interchangeable Tool in Indonesia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Japan | 61.0 | 62.7 | 73.1 | 9.5% | |
South Korea | 6.7 | 8.4 | 46.8 | 164.3% | |
China | 31.3 | 36.0 | 43.7 | 18.2% | |
Singapore | 33.2 | 36.8 | 41.3 | 11.5% | |
Thailand | 4.1 | 25.6 | 20.2 | 122.0% | |
Taiwan (Chinese) | 8.7 | 10.1 | 14.8 | 30.4% | |
Malaysia | 6.2 | 5.0 | 5.6 | -5.0% | |
Sweden | 7.6 | 6.4 | 5.2 | -17.3% | |
Others | 51.4 | 11.1 | 41.3 | -10.4% | |
Total | 210 | 202 | 292 | 17.9% |
Top Suppliers of Interchangeable Tool to Indonesia in 2022:
- China (5.6K tons)
- South Korea (3.6K tons)
- Singapore (3.5K tons)
- Japan (2.7K tons)
- Thailand (1.4K tons)
- Taiwan (Chinese) (0.8K tons)
- Malaysia (0.3K tons)
- Sweden (0.2K tons)
Interchangeable Tool Exports in Indonesia
In 2022, approx. 4.2K tons of interchangeable tools for hand tools were exported from Indonesia; surging by 11% on 2021 figures. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 69%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, interchangeable tool exports reduced slightly to $46M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports reached the peak of $47M, and then fell in the following year.
Export of Interchangeable Tool in Indonesia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United States | 11.9 | 18.0 | 16.4 | 17.4% | |
Japan | 16.0 | 11.5 | 15.2 | -2.5% | |
Singapore | 0.8 | 1.2 | 4.5 | 137.2% | |
South Africa | 0.2 | N/A | 3.4 | 312.3% | |
Mexico | 1.2 | 0.7 | 1.3 | 4.1% | |
China | 2.2 | 1.5 | 1.3 | -23.1% | |
Philippines | 0.1 | 0.3 | 1.1 | 231.7% | |
Malaysia | 0.7 | 0.7 | 0.8 | 6.9% | |
India | 1.9 | 0.4 | 0.5 | -48.7% | |
Thailand | 1.1 | 0.8 | 0.1 | -69.8% | |
Mozambique | N/A | 3.0 | N/A | 0% | |
Brazil | 1.2 | 1.1 | N/A | -8.3% | |
Others | 1.7 | 2.2 | 2.9 | 30.6% | |
Total | 39.1 | 41.2 | 47.4 | 10.1% |
Top Export Markets for Interchangeable Tool from Indonesia in 2022:
- United States (1188.9 tons)
- South Africa (263.1 tons)
- Singapore (206.6 tons)
- Malaysia (185.6 tons)
- Japan (182.4 tons)
- Philippines (119.3 tons)
- China (83.1 tons)
- India (53.5 tons)
- Mexico (46.5 tons)
- Thailand (12.2 tons)
- Brazil (3.9 tons)
This report provides an in-depth analysis of the interchangeable tool 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 25734014 - Tapping tools for working metal
- Prodcom 25734016 - Threading tools for working metal
- Prodcom 25734019 - Tapping or threading tools (excluding work and tool holders for machines or hand tools, for working metal)
- Prodcom 25734023 - Drilling tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
- Prodcom 25734025 - Masonry drills with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
- Prodcom 25734027 - Drilling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734031 - Drilling tools with working part of high speed steel, for working metal excluding work and tool holders for machines or hand tools - for rock drilling
- Prodcom 25734033 - Drilling tools with working part of materials other than diamond, agglomerated diamond or sintered metal carbide, f or working metal excluding with working part of high speed steel
- Prodcom 25734035 - Drilling tools (excluding work and tool holders for machines or hand tools, with working part of diamond or agglomerated diamond, for rock drilling, masonry drills, for working metal)
- Prodcom 25734037 - Boring or broaching tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for earth boring)
- Prodcom 25734044 - Boring tools for working metal, with working part of materials other than diamond or agglomerated diamond
- Prodcom 25734045 - Boring or broaching tools (excluding work and tool holders for machines or hand tools, with diamond or agglomerated diamond working parts, for working metal, for earth boring)
- Prodcom 25734048 - Broaching tools for working metal, with working part of materials other than diamond or agglomerated diamond
- Prodcom 25734050 - Milling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734061 - Shank type milling tools for working metal (excluding with working part of sintered metal carbide)
- Prodcom 25734065 -
- Prodcom 25734067 -
- Prodcom 25734069 - Milling tools (excluding for working metal)
- Prodcom 25734071 - Turning tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734074 - Turning tools for working metal, with working part of materials other than cermets
- Prodcom 25734079 - Turning tools (excluding work and tool holders for machines or hand tools, for working metal)
- Prodcom 25734081 - Other interchangeable tools of CN .82.07 with working part of diamond
- Prodcom 25734083 - Screwdriver bits with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25734085 - Gear-cutting tools with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25734087 - Interchangeable hand tools with working part of sintered metal carbide excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734089 - Interchangeable tools in other materials
- Prodcom 25736013 - Rock drilling or earth boring tools with working part of cermets
- Prodcom 25736018 - Rock-drilling or earth-boring tools, interchangeable, and parts therefor, with working parts of materials other than sintered metal carbide or cermets
- Prodcom 25736023 - Dies for drawing or extruding metal, with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25736024 - Dies for drawing or extruding metal (excluding unmounted plates, sticks, tips, rods, pellets, rings, etc. of sintered metal carbides or cermets)
- Prodcom 25736033 - Pressing, stamping or punching tools for working metal (excluding work and tool holders for machines or hand tools)
- Prodcom 25736039 - Pressing, stamping or punching tools (excluding work and tool holders for machines or hand tools, for working metal)
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
-
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
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This report provides an in-depth analysis of the global interchangeable tool market.
Global Threading Tools Market Report 2018. This report provides an in-depth analysis of the global threading tools market.
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Explore the top import markets for interchangeable tools and their key statistics. Discover the leading countries in the import trade of interchangeable tools and how they contribute to the global market.
In 2016, the global interchangeable tool imports amounted to X tons, going down by -X% against the previous year level. In general, interchangeable tool imports continue to indicate a relativel...
In 2016, the global interchangeable tool imports amounted to X tons, going down by -X% against the previous year level. In general, interchangeable tool imports continue to indicate a relativel...
Explore the top import markets for interchangeable tools and their key statistics. Discover the leading countries in the import trade of interchangeable tools and how they contribute to the global market.
In 2016, the global interchangeable tool imports amounted to X tons, going down by -X% against the previous year level. In general, interchangeable tool imports continue to indicate a relativel...
In 2016, the global interchangeable tool imports amounted to X tons, going down by -X% against the previous year level. In general, interchangeable tool imports continue to indicate a relativel...