Price for Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $13,127 per ton, rising by 46% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery; parts of the machinery of heading no. 8425 increased by +73.3% against 2017 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 49% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($212,906 per ton), while the price for China ($5,572 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $7,663 per ton, with a decrease of -5.9% against the previous year. Over the period under review, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 58% against the previous year. As a result, the export price reached the peak level of $14,124 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($22,055 per ton), while the average price for exports to Japan ($3,022 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 (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia
In 2022, approx. 1.4K tons of machinery; parts of the machinery of heading no. 8425 were imported into Indonesia; waning by -6.3% against 2021 figures. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $19M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. Over the period under review, imports of machinery; parts of machinery of heading no. 8425 attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 2.0 | 2.4 | 4.3 | 15.4% |
| China | 3.6 | 1.4 | 3.5 | 4.2 | 5.3% |
| Singapore | 1.7 | 0.8 | 2.1 | 2.6 | 15.2% |
| Japan | 1.6 | 0.6 | 1.5 | 2.0 | 7.7% |
| Taiwan (Chinese) | 0.7 | 0.2 | 0.6 | 0.8 | 4.6% |
| Malaysia | 0.2 | N/A | 0.1 | 0.7 | 51.8% |
| South Korea | 0.5 | 0.2 | 0.4 | 0.5 | 0.0% |
| Netherlands | 0.2 | 2.2 | 0.1 | 0.2 | 0.0% |
| Others | 2.9 | 1.8 | 3.2 | 3.4 | 5.4% |
| Total | 14.3 | 9.3 | 13.8 | 18.8 | 9.5% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Indonesia in 2022:
- China (758.1 tons)
- Singapore (352.7 tons)
- United States (84.8 tons)
- Taiwan (Chinese) (73.7 tons)
- Malaysia (44.0 tons)
- Japan (35.4 tons)
- South Korea (25.4 tons)
- Netherlands (10.1 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia
In 2022, approx. 766 tons of machinery; parts of the machinery of heading no. 8425 were exported from Indonesia; growing by 958% against 2021 figures. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 soared to $5.9M in 2022. Overall, exports continue to indicate a significant increase.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 933 | 1,063 | 64.2 | 2,652 | 41.7% |
| Malaysia | 298 | 398 | 24.7 | 2,017 | 89.2% |
| Japan | N/A | 1,640 | 204 | 699 | -34.7% |
| Burkina Faso | N/A | 1,165 | N/A | N/A | 0% |
| United States | N/A | 1,204 | N/A | N/A | 0% |
| India | 116 | 218 | N/A | N/A | 87.9% |
| Yemen | 76.4 | N/A | N/A | N/A | 0% |
| Others | 85.6 | 810 | 296 | 502 | 80.3% |
| Total | 1,509 | 6,498 | 589 | 5,871 | 57.3% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Indonesia in 2022:
- Malaysia (337.0 tons)
- Japan (231.3 tons)
- Singapore (186.7 tons)
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