Indonesia: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Indonesia

The Indonesian market for ceramic wares for laboratory or technical uses rose to $X in 2022, growing by 5% against the previous year. The market value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Ceramic Wares For Laboratory Or Technical Uses in Indonesia

In value terms, production of ceramic wares for laboratory or technical uses expanded remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 35% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from Indonesia

In 2022, shipments abroad of ceramic wares for laboratory or technical uses increased by 35% to X tons, rising for the second year in a row after two years of decline. In general, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +108.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of ceramic wares for laboratory or technical uses surged to $X in 2022. Over the period under review, total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Japan (X tons), South Africa (X tons) and India (X tons) were the main destinations of exports of ceramic wares for laboratory or technical uses from Indonesia, with a combined 67% share of total exports. China, the United States, South Korea, the Netherlands, Belgium, Malaysia and Thailand lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +128.1%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), India ($X) and China ($X) were the largest markets for ceramic wares for laboratory or technical uses exported from Indonesia worldwide, together accounting for 65% of total exports. South Africa, the United States, South Korea, the Netherlands, Belgium, Malaysia and Thailand lagged somewhat behind, together accounting for a further 35%.

The Netherlands, with a CAGR of +171.0%, recorded the highest growth rate of 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

The average export price for ceramic wares for laboratory or technical uses stood at $X per ton in 2022, growing by 1.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports into Indonesia

In 2022, purchases abroad of ceramic wares for laboratory or technical uses increased by 28% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +115.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of ceramic wares for laboratory or technical uses soared to $X in 2022. In general, imports recorded a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 49%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) was the main ceramic wares for laboratory or technical uses supplier to Indonesia, accounting for a 95% share of total imports. It was followed by Japan (X tons), with a 2.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-1.8% per year) and Italy (-7.0% per year).

In value terms, Japan ($X), China ($X) and Italy ($X) were the largest ceramic wares for laboratory or technical uses suppliers to Indonesia, together accounting for 86% of total imports.

Among the main suppliers, Japan, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for ceramic wares for laboratory or technical uses stood at $X per ton in 2022, remaining stable against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ceramic wares for laboratory or technical uses decreased by -12.0% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 42%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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