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Indonesia - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Indonesia - 2022
Contents:
- Thermostat Price in Indonesia (CIF) - 2022
- Thermostat Price in Indonesia (FOB) - 2022
- Thermostat Imports in Indonesia
- Thermostat Exports in Indonesia
Thermostat Price in Indonesia (CIF) - 2022
The average thermostat import price stood at $807 per thousand units in March 2022, dropping by -5.9% against the previous month. Overall, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in May 2021 when the average import price increased by 33% month-to-month. Over the period under review, average import prices hit record highs at $1.9 per unit in March 2021; however, from April 2021 to March 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($2.9 per unit), while the price for China ($462 per thousand units) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.2%), while the prices for the other major suppliers experienced a decline.
Thermostat Price in Indonesia (FOB) - 2022
The average thermostat export price stood at $6.5 per unit in March 2022, which is down by -3% against the previous month. In general, export price indicated measured growth from March 2021 to March 2022: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, thermostat export price increased by +88.5% against January 2022 indices. The most prominent rate of growth was recorded in February 2022 an increase of 94% month-to-month. As a result, the export price attained the peak level of $6.7 per unit, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($13.4 per unit), while the average price for exports to Thailand ($1.3 per unit) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Imports in Indonesia
In 2022, the amount of thermostats imported into Indonesia reduced to 1.8M units, declining by -9.3% on the year before. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. Imports peaked at 2.3M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, thermostat imports fell remarkably to $20M in 2022. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Over the period under review, imports attained the peak figure at $35M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Thermostat in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.8 | 6.5 | 7.4 | 9.1 | 16.2% |
Others | 29.7 | 16.7 | 19.6 | 11.0 | -28.2% |
Total | 35.5 | 23.3 | 27.0 | 20.1 | -17.3% |
Top Suppliers of Thermostat to Indonesia in 2022:
- China (1762.1K units)
Thermostat Exports in Indonesia
After three years of growth, shipments abroad of thermostats decreased by -13.3% to 513K units in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, the exports reached the peak of 591K units, and then contracted in the following year.
In value terms, thermostat exports shrank to $14M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. As a result, the exports attained the peak of $16M, and then fell in the following year.
Export of Thermostat in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,231 | 3,087 | 3,956 | 7,075 | 79.1% |
India | 2,475 | 1,874 | 1,776 | 1,136 | -22.9% |
Mexico | 523 | 285 | 16.8 | 100 | -42.4% |
Czech Republic | 105 | N/A | 121 | 38.7 | -28.3% |
North Macedonia | 5.8 | 19.2 | 29.6 | 23.0 | 58.3% |
Argentina | 23.0 | 26.3 | 26.7 | 15.1 | -13.1% |
Malaysia | 29.3 | 23.6 | 22.6 | 14.0 | -21.8% |
Taiwan (Chinese) | 5.2 | 4.3 | 6.3 | 3.6 | -11.5% |
Brazil | 71.6 | 47.3 | 0.2 | 0.1 | -88.8% |
Others | 3,394 | 5,435 | 9,855 | 5,980 | 20.8% |
Total | 7,863 | 10,801 | 15,810 | 14,385 | 22.3% |
Top Export Markets for Thermostat from Indonesia in 2022:
- India (364.2K units)
- Argentina (36.0K units)
- United States (27.9K units)
- Malaysia (18.0K units)
- North Macedonia (15.5K units)
- Mexico (8.3K units)
- Taiwan (Chinese) (8.0K units)
- Brazil (4.7K units)
- Czech Republic (0.1K units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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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