Indonesia - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in Indonesia - 2022
Contents:
- Smoothing Iron Price in Indonesia (FOB) - 2022
- Smoothing Iron Price in Indonesia (CIF) - 2022
- Smoothing Iron Exports in Indonesia
- Smoothing Iron Imports in Indonesia
Smoothing Iron Price in Indonesia (FOB) - 2022
In March 2022, the average smoothing iron export price amounted to $39.3 per unit, stabilizing at the previous month. In general, the export price saw a resilient expansion. The most prominent rate of growth was recorded in February 2022 an increase of 142% against the previous month. The export price peaked in March 2022.
Average prices varied noticeably for the major overseas markets. In March 2022, the countries with the highest prices were the United Arab Emirates ($39.3 per unit) and Australia ($39.3 per unit), while the average price for exports to Hungary ($39.3 per unit) and France ($39.3 per unit) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Price in Indonesia (CIF) - 2022
In March 2022, the average smoothing iron import price amounted to $28.9 per unit, leveling off at the previous month. Over the period under review, the import price, however, saw a moderate expansion. The pace of growth was the most pronounced in February 2022 an increase of 80% against the previous month. As a result, import price reached the peak level of $28.9 per unit, leveling off in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2021 to March 2022, the rate of growth in terms of prices for China amounted to +4.9% per month.
Smoothing Iron Exports in Indonesia
In 2022, the amount of electric smoothing irons exported from Indonesia fell remarkably to 1.7M units, with a decrease of -46.7% compared with the year before. Over the period under review, exports saw a precipitous decline. The smallest decline of -3.7% was in 2021. The exports peaked at 3.8M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, smoothing iron exports fell to $116M in 2022. In general, exports continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 when exports increased by 9.8%. The exports peaked at $131M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Smoothing Iron in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 16.0 | 17.7 | 22.5 | 14.5 | -3.2% |
Hungary | 8.1 | 9.8 | 13.0 | 11.2 | 11.4% |
Russia | 6.0 | 6.0 | 10.0 | 10.3 | 19.7% |
France | 12.4 | 10.3 | 10.1 | 9.9 | -7.2% |
United Arab Emirates | 4.7 | 6.3 | 7.7 | 7.9 | 18.9% |
Singapore | 1.7 | 1.1 | 1.3 | 4.3 | 36.3% |
Turkey | 1.2 | 1.3 | 1.0 | 3.7 | 45.5% |
Malaysia | 2.4 | 2.1 | 1.9 | 2.5 | 1.4% |
Australia | 1.3 | 1.3 | 1.3 | 2.3 | 20.9% |
Thailand | 2.2 | 1.9 | 1.5 | 2.2 | 0.0% |
Czech Republic | N/A | N/A | 0.1 | 1.7 | 1600.0% |
Austria | 1.1 | 1.2 | 1.2 | 1.4 | 8.4% |
Others | 74.0 | 52.8 | 51.0 | 44.1 | -15.8% |
Total | 131 | 112 | 123 | 116 | -4.0% |
Top Export Markets for Smoothing Iron from Indonesia in 2022:
- Netherlands (269.1K units)
- Hungary (157.1K units)
- United Arab Emirates (144.6K units)
- Russia (131.4K units)
- France (122.2K units)
- Turkey (86.8K units)
- Singapore (54.2K units)
- Australia (53.1K units)
- Czech Republic (38.8K units)
- Malaysia (34.4K units)
- Thailand (30.3K units)
- Austria (25.9K units)
Smoothing Iron Imports in Indonesia
In 2022, imports of electric smoothing irons into Indonesia fell to 761K units, waning by -5% on 2021. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of 801K units, and then contracted in the following year.
In value terms, smoothing iron imports surged to $35M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Smoothing Iron in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 15.8 | 11.5 | 21.7 | 32.9 | 27.7% |
Malaysia | 0.7 | 0.4 | 0.6 | 0.9 | 8.7% |
Hungary | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
Others | 0.7 | 0.6 | 0.6 | 1.2 | 19.7% |
Total | 17.4 | 12.7 | 23.1 | 35.4 | 26.7% |
Top Suppliers of Smoothing Iron to Indonesia in 2022:
- China (702.2K units)
- Malaysia (20.0K units)
- Hungary (12.9K units)
This report provides an in-depth analysis of the smoothing iron market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512370 - Electric smoothing irons
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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