Price for Tools, Hand; Other than Household Tools in Indonesia - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Indonesia (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Indonesia (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Indonesia
- Exports of Tools, Hand; Other than Household Tools in Indonesia
Price for Tools, Hand; Other than Household Tools in Indonesia (CIF) - 2022
In March 2022, the average import price for tools, hand; other than household toolses amounted to $5,074 per ton, approximately mirroring the previous month. Overall, the import price saw a slight contraction. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 34% month-to-month. Over the period under review, average import prices attained the peak figure at $6,040 per ton in March 2021; however, from April 2021 to March 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Japan ($17,874 per ton), while the price for Singapore ($3,070 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.0%), while the prices for the other major suppliers experienced a decline.
Price for Tools, Hand; Other than Household Tools in Indonesia (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $24,855 per ton, declining by -13.3% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 194% against the previous year. As a result, the export price attained the peak level of $41,341 per ton. From 2021 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 Japan ($379,813 per ton), while the average price for exports to South Korea ($3,001 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 Japan (+40.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Indonesia
In 2022, approx. 8.3K tons of tools, hand; other than household toolses were imported into Indonesia; with a decrease of -6.8% compared with 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of 8.9K tons, and then fell in the following year.
In value terms, imports of tools, hand; other than household toolses reached $36M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 30%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Tools, Hand; Other than Household Tools in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.8 | 13.9 | 20.2 | 20.3 | 6.5% |
| Japan | 4.2 | 2.3 | 3.4 | 4.4 | 1.6% |
| Singapore | 4.9 | 2.7 | 3.5 | 2.3 | -22.3% |
| Taiwan (Chinese) | 2.1 | 1.8 | 2.1 | 2.2 | 1.6% |
| Others | 7.7 | 5.2 | 4.6 | 6.6 | -5.0% |
| Total | 35.7 | 26.0 | 33.8 | 35.7 | 0.0% |
Top Suppliers of Tools, Hand; Other than Household Tools to Indonesia in 2022:
- China (7.0K tons)
- Singapore (0.4K tons)
- Japan (0.3K tons)
- Taiwan (Chinese) (0.2K tons)
Exports of Tools, Hand; Other than Household Tools in Indonesia
In 2022, approx. 61 tons of tools, hand; other than household toolses were exported from Indonesia; jumping by 35% compared with 2021. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 75%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tools, hand; other than household toolses soared to $1.5M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.2% 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 +77.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Tools, Hand; Other than Household Tools in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 37.4 | 665 | 731 | 826 | 180.6% |
| Singapore | 507 | 178 | 245 | 307 | -15.4% |
| Hong Kong SAR | N/A | 0.9 | 23.5 | 93.8 | 920.9% |
| France | 18.2 | 14.3 | 3.1 | 62.2 | 50.6% |
| Malaysia | 37.5 | 15.2 | 68.0 | 32.0 | -5.1% |
| Germany | 35.3 | 69.7 | 54.9 | 30.5 | -4.8% |
| South Korea | 2.0 | N/A | 14.3 | 21.0 | 119.0% |
| Timor-Leste | 23.4 | 13.6 | 16.1 | 6.6 | -34.4% |
| Sri Lanka | 8.0 | 4.2 | 11.5 | 1.9 | -38.1% |
| Sudan | N/A | 3.2 | N/A | N/A | 0% |
| Others | 190 | 111 | 139 | 146 | -8.4% |
| Total | 859 | 1,074 | 1,306 | 1,528 | 21.2% |
Top Export Markets for Tools, Hand; Other than Household Tools from Indonesia in 2022:
- Singapore (17.4 tons)
- Hong Kong SAR (14.5 tons)
- South Korea (7.0 tons)
- Malaysia (6.8 tons)
- France (4.4 tons)
- Japan (2.2 tons)
- Timor-Leste (1.6 tons)
- Germany (1.1 tons)
- Sri Lanka (0.3 tons)
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