Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia - 2022
Contents:
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia (CIF) - 2022
- Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia (FOB) - 2022
- Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia
- Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia (CIF) - 2022
In 2022, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $2.9 per unit, which is down by -8% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average import price increased by 60% against the previous year. The import price peaked at $3.6 per unit in 2018; however, from 2019 to 2022, 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 Singapore ($5.6 per unit), while the price for Portugal ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced a decline.
Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia (FOB) - 2022
In 2022, the average export price for sanitary ware and parts thereof, of iron or steel amounted to $10 per unit, picking up by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 17%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($22 per unit), while the average price for exports to Qatar ($1.2 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 Timor-Leste (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia
In 2022, the amount of sanitary ware and parts thereof, of iron or steel imported into Indonesia stood at 11M units, remaining stable against the year before. The total import volume increased at an average annual rate of +6.0% 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 42%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of sanitary ware and parts thereof, of iron or steel contracted to $33M in 2022. The total import value increased at an average annual rate of +3.5% 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 with an increase of 44% against the previous year. As a result, imports attained the peak of $35M, and then fell in the following year.
| Import of Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.8 | 21.5 | 32.4 | 29.3 | 4.3% |
| Others | 3.8 | 3.0 | 2.8 | 3.5 | -2.7% |
| Total | 29.6 | 24.5 | 35.2 | 32.8 | 3.5% |
Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Indonesia in 2022:
- China (10.7M units)
Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia
In 2022, approx. 213K units of sanitary ware and parts thereof, of iron or steel were exported from Indonesia; with an increase of 13% against 2021. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 29%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of sanitary ware and parts thereof, of iron or steel skyrocketed to $2.2M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sanitary Ware and Parts Thereof, of Iron or Steel in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 346 | 400 | 381 | 739 | 28.8% |
| United Arab Emirates | 263 | 254 | 191 | 266 | 0.4% |
| United States | 12.6 | 76.6 | 206 | 188 | 146.2% |
| Kuwait | 33.3 | 39.3 | 172 | 118 | 52.5% |
| Timor-Leste | 20.7 | 9.7 | 15.9 | 70.8 | 50.7% |
| Japan | 17.4 | 31.8 | 41.8 | 61.6 | 52.4% |
| New Zealand | 23.7 | 17.0 | 18.3 | 53.0 | 30.8% |
| Hong Kong SAR | 80.9 | 48.3 | 43.0 | 52.3 | -13.5% |
| Saudi Arabia | 26.2 | 28.1 | 33.8 | 43.5 | 18.4% |
| Russia | 16.3 | 21.2 | 23.8 | 36.6 | 30.9% |
| Singapore | 6.4 | 7.1 | 67.7 | 34.8 | 75.8% |
| China | 16.5 | 77.3 | 38.2 | 16.0 | -1.0% |
| Brunei Darussalam | 23.4 | 29.8 | 39.2 | 7.9 | -30.4% |
| Others | 353 | 317 | 389 | 469 | 9.9% |
| Total | 1,239 | 1,357 | 1,660 | 2,156 | 20.3% |
Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Indonesia in 2022:
- Australia (55.3K units)
- United Arab Emirates (36.3K units)
- Kuwait (23.0K units)
- Russia (16.9K units)
- Timor-Leste (14.6K units)
- United States (14.0K units)
- New Zealand (7.8K units)
- Japan (5.5K units)
- Saudi Arabia (4.8K units)
- Singapore (3.0K units)
- Hong Kong SAR (2.4K units)
- Brunei Darussalam (1.0K units)
- China (1.0K units)
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