Indonesia: Articles Of Zinc Market 2025

Articles Of Zinc Market Size in Indonesia

In 2021, the Indonesian articles of zinc market decreased by -1.1% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption, however, showed a mild curtailment. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Articles Of Zinc Production in Indonesia

In value terms, articles of zinc production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 36% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Articles Of Zinc Exports

Exports from Indonesia

For the third year in a row, Indonesia recorded growth in overseas shipments of articles of zinc, which increased by 25% to X tons in 2021. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 206% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, articles of zinc exports skyrocketed to $X in 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 161% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Singapore (X tons) was the main destination for articles of zinc exports from Indonesia, accounting for a 69% share of total exports. Moreover, articles of zinc exports to Singapore exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Singapore amounted to +64.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+47.9% per year) and Timor-Leste (-21.5% per year).

In value terms, Singapore ($X) remains the key foreign market for articles of zinc exports from Indonesia, comprising 78% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 9.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Singapore amounted to +66.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+54.6% per year) and Timor-Leste (-20.0% per year).

Export Prices by Country

In 2021, the average articles of zinc export price amounted to $X per ton, growing by 18% against the previous year. In general, the export price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 27%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Zinc Imports

Imports into Indonesia

In 2021, approx. X tons of articles of zinc were imported into Indonesia; reducing by -36.2% compared with the previous year. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 82% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, articles of zinc imports reduced markedly to $X in 2021. In general, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of 42%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Singapore (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of articles of zinc imports to Indonesia, together comprising 89% of total imports. These countries were followed by Vietnam, the UK and Hong Kong SAR, which together accounted for a further 6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +28.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Singapore ($X), China ($X) and the UK ($X) constituted the largest articles of zinc suppliers to Indonesia, with a combined 79% share of total imports.

The UK, with a CAGR of +12.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average articles of zinc import price stood at $X per ton in 2021, increasing by 7.8% against the previous year. In general, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 36% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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