Indonesia: Market for Porphyry, Basalt and Quartzites 2024

Market Size for Porphyry, Basalt and Quartzites in Indonesia

The Indonesian porphyry, basalt and quartzites market rose slightly to $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Porphyry, Basalt and Quartzites in Indonesia

In value terms, porphyry, basalt and quartzites production expanded modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; 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 X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Exports of Porphyry, Basalt and Quartzites

Exports from Indonesia

After two years of growth, shipments abroad of porphyry, basalt and quartzites decreased by X% to X tons in 2023. Over the period under review, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2022, and then dropped significantly in the following year.

In value terms, porphyry, basalt and quartzites exports fell modestly to $X in 2023. In general, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), Germany (X tons) and Australia (X tons) were the main destinations of porphyry, basalt and quartzites exports from Indonesia, with a combined X% share of total exports. China, Brazil, the Netherlands and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and Brazil ($X) constituted the largest markets for porphyry, basalt and quartzites exported from Indonesia worldwide, with a combined X% share of total exports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average porphyry, basalt and quartzites export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Porphyry, Basalt and Quartzites

Imports into Indonesia

In 2023, porphyry, basalt and quartzites imports into Indonesia dropped remarkably to X tons, falling by X% on the previous year's figure. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2022, and then contracted markedly in the following year.

In value terms, porphyry, basalt and quartzites imports shrank remarkably to $X in 2023. Over the period under review, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2022, and then declined rapidly in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest porphyry, basalt and quartzites supplier to Indonesia, with a X% share of total imports. It was followed by Sweden (X tons), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of porphyry, basalt and quartzites to Indonesia, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

In 2023, the average porphyry, basalt and quartzites import price amounted to $X per ton, flattening at the previous year. In general, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%).

Source: IndexBox Platform