Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia (CIF) - 2022
The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $10,007 per ton in 2022, growing by 12% against the previous year. Over the period under review, the import price, however, showed a deep setback. The pace of growth appeared the most rapid in 2017 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $16,873 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($43,377 per ton), while the price for Malaysia ($5,531 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $18,151 per ton in 2022, with a decrease of -14.8% against the previous year. Over the period under review, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 22%. The export price peaked at $38,592 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($56,658 per ton), while the average price for exports to the Philippines ($8,773 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 France (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia
In 2022, supplies from abroad of machines and mechanical appliances; parts, of those having individual functionses decreased by -10.9% to 17K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 46% against the previous year. As a result, imports reached the peak of 21K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses declined modestly to $166M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20%.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.9 | 51.6 | 51.3 | 53.3 | 19.9% |
| Malaysia | 21.2 | 27.7 | 23.5 | 29.3 | 11.4% |
| Japan | 19.6 | 13.7 | 26.9 | 18.9 | -1.2% |
| Singapore | 12.3 | 13.4 | 9.4 | 8.4 | -11.9% |
| South Korea | 13.0 | 7.3 | 11.0 | 8.0 | -14.9% |
| Italy | 5.0 | 5.9 | 8.4 | 5.8 | 5.1% |
| India | 1.8 | 1.0 | 1.2 | 3.2 | 21.1% |
| Others | 30.2 | 40.6 | 34.9 | 38.7 | 8.6% |
| Total | 134 | 161 | 167 | 166 | 7.4% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Indonesia in 2022:
- China (8.4K tons)
- Malaysia (5.3K tons)
- Singapore (0.5K tons)
- Japan (0.4K tons)
- Italy (0.3K tons)
- India (0.3K tons)
- South Korea (0.2K tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia
Exports of machines and mechanical appliances; parts, of those having individual functionses from Indonesia soared to 1.4K tons in 2022, growing by 54% compared with the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses soared to $26M in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 36%.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 20.0 | 5.2 | 4.2 | 8.1 | -26.0% |
| United States | 0.4 | 0.2 | 0.6 | 2.6 | 86.6% |
| Angola | N/A | N/A | 0.7 | 2.0 | 185.7% |
| Vietnam | 1.8 | 0.3 | 0.7 | 1.5 | -5.9% |
| France | 2.2 | 0.8 | 1.1 | 1.4 | -14.0% |
| Philippines | N/A | 0.1 | 0.6 | 1.1 | 231.7% |
| India | 0.9 | 0.4 | 0.7 | 1.0 | 3.6% |
| United Kingdom | 0.9 | 0.3 | 2.4 | 0.9 | 0.0% |
| Malaysia | 0.7 | 0.1 | 0.4 | 0.6 | -5.0% |
| Australia | 0.8 | 1.0 | 1.3 | 0.4 | -20.6% |
| Thailand | 4.2 | 0.1 | 0.2 | 0.4 | -54.3% |
| South Korea | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Oman | 0.3 | 1.8 | 0.3 | N/A | 0.0% |
| Others | 11.2 | 4.3 | 6.7 | 6.2 | -17.9% |
| Total | 43.9 | 14.6 | 19.9 | 26.1 | -15.9% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Indonesia in 2022:
- Singapore (601.1 tons)
- United States (198.5 tons)
- Angola (184.5 tons)
- Philippines (127.4 tons)
- Vietnam (45.3 tons)
- Malaysia (34.8 tons)
- France (25.3 tons)
- United Kingdom (24.5 tons)
- India (21.8 tons)
- Australia (21.7 tons)
- Thailand (14.1 tons)
- South Korea (2.1 tons)
- Oman (0.5 tons)
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