Indonesia: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Indonesia

In 2022, the Indonesian appliance part brush market increased by 12% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, recorded a strong expansion. Appliance part brush consumption peaked in 2022 and is expected to retain growth in years to come.

Appliance Part Brush Exports

Exports from Indonesia

For the third consecutive year, Indonesia recorded decline in overseas shipments of brushes constituting parts of appliances, which decreased by -24.2% to X units in 2022. In general, exports recorded a mild slump. The pace of growth was the most pronounced in 2015 with an increase of 3,878% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, appliance part brush exports shrank significantly to $X in 2022. Overall, exports, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2015 with an increase of 10,062%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore (X units) was the main destination for appliance part brush exports from Indonesia, with a 69% share of total exports. Moreover, appliance part brush exports to Singapore exceeded the volume sent to the second major destination, China (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to +34.6%.

In value terms, the largest markets for appliance part brush exported from Indonesia were China ($X) and Singapore ($X).

In terms of the main countries of destination, China, with a CAGR of +308.9%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average appliance part brush export price amounted to $X per unit, with a decrease of -24.9% against the previous year. In general, the export price, however, continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2015 an increase of 156% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, 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 China ($X per unit), while the average price for exports to Singapore amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+62.5%), while the prices for the other major destinations experienced mixed trend patterns.

Appliance Part Brush Imports

Imports into Indonesia

After four years of growth, overseas purchases of brushes constituting parts of appliances decreased by -12.8% to X units in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 53%. Over the period under review, imports attained the peak figure at X units in 2021, and then reduced in the following year.

In value terms, appliance part brush imports skyrocketed to $X in 2022. In general, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2018 when imports increased by 53%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest appliance part brush supplier to Indonesia, accounting for a 77% share of total imports. Moreover, appliance part brush imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), tenfold. The third position in this ranking was held by Malaysia (X units), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-0.3% per year) and Malaysia (+11.1% per year).

In value terms, China ($X) constituted the largest supplier of brushes constituting parts of appliances to Indonesia, comprising 51% of total imports. The second position in the ranking was held by Japan ($X), with an 11% share of total imports. It was followed by Taiwan (Chinese), with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +26.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+8.7% per year) and Taiwan (Chinese) (+12.0% per year).

Import Prices by Country

The average appliance part brush import price stood at $X per unit in 2022, growing by 36% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, appliance part brush import price increased by +61.9% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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