Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $76 per thousand units, shrinking by -3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2013 an increase of 21% against the previous year. The import price peaked at $79 per thousand units in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($139 per thousand units), while the price for Thailand ($59 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, remaining constant against the previous year. In general, the export price, however, saw a slight contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 30%. Over the period under review, the average export prices attained the peak figure at $0.2 per unit in 2014; however, from 2015 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 the United States ($0.2 per unit), while the average price for exports to Vietnam (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia
Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Indonesia rose modestly to 9.7B units in 2022, growing by 4.4% against the year before. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $736M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 84.0 | 104 | 198 | 283 | 49.9% |
Japan | 154 | 97.0 | 140 | 121 | -7.7% |
Singapore | 205 | 176 | 159 | 108 | -19.2% |
Thailand | 34.1 | 23.3 | 42.0 | 39.4 | 4.9% |
South Korea | 22.3 | 23.7 | 31.7 | 32.5 | 13.4% |
France | 13.6 | 13.9 | 26.6 | 24.4 | 21.5% |
Taiwan (Chinese) | 13.0 | 14.7 | 18.4 | 18.0 | 11.5% |
Others | 94.9 | 80.1 | 115 | 109 | 4.7% |
Total | 621 | 533 | 730 | 736 | 5.8% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Indonesia in 2022:
- China (4.7B units)
- Japan (1.5B units)
- Singapore (0.8B units)
- Thailand (0.7B units)
- South Korea (0.5B units)
- France (0.3B units)
- Taiwan (Chinese) (0.2B units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia
In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment exported from Indonesia was estimated at 2.3B units, remaining relatively unchanged against 2021 figures. The total export volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 38%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $228M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% 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 +55.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 36.0 | 48.6 | 59.5 | 78.7 | 29.8% |
Singapore | 51.6 | 59.6 | 83.1 | 66.5 | 8.8% |
Hong Kong SAR | 25.0 | 23.2 | 33.7 | 25.9 | 1.2% |
United States | 9.8 | 7.9 | 7.9 | 9.9 | 0.3% |
Mexico | N/A | N/A | 0.5 | 8.6 | 1620.0% |
China | 10.2 | 8.4 | 13.5 | 7.4 | -10.1% |
Poland | N/A | N/A | 0.6 | 3.5 | 483.3% |
India | 0.4 | 0.5 | 1.5 | 3.4 | 104.1% |
Brazil | N/A | N/A | 0.2 | 3.3 | 1550.0% |
France | 3.0 | 3.3 | 4.4 | 3.1 | 1.1% |
Germany | 0.9 | 1.3 | 1.7 | 2.9 | 47.7% |
South Korea | 0.7 | 1.0 | 1.4 | 1.6 | 31.7% |
Vietnam | 1.1 | 1.4 | 1.2 | 1.3 | 5.7% |
Others | 7.6 | 8.7 | 13.8 | 11.6 | 15.1% |
Total | 146 | 164 | 223 | 228 | 16.0% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Indonesia in 2022:
- Singapore (656.3M units)
- Japan (617.2M units)
- Hong Kong SAR (413.9M units)
- China (81.7M units)
- Brazil (76.2M units)
- Mexico (66.7M units)
- United States (59.3M units)
- Poland (50.4M units)
- India (41.7M units)
- Vietnam (40.8M units)
- Germany (39.1M units)
- South Korea (37.9M units)
- France (34.3M units)
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