Indonesia: Transport Container Market 2024

Transport Container Market Size in Indonesia

In 2022, the Indonesian transport container market increased by 23% to $X, rising for the third consecutive year after two years of decline. Overall, the total consumption indicated a prominent increase from 2012 to 2022: its value 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, consumption increased by +30.1% against 2019 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in years to come.

Transport Container Production in Indonesia

In value terms, transport container production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2022: its value 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, production decreased by +0.1% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 46% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Transport Container Exports

Exports from Indonesia

In 2022, shipments abroad of transport containers decreased by -0.2% to X units, falling for the second year in a row after two years of growth. In general, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2017 when exports increased by 166% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, transport container exports reached $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 230%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand (X units), Singapore (X units) and South Korea (X units) were the main destinations of transport container exports from Indonesia, together comprising 45% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +52.5%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Thailand ($X) and Singapore ($X) constituted the largest markets for transport container exported from Indonesia worldwide, together accounting for 72% of total exports. South Korea, Qatar, Japan, Malaysia, Iraq, Vietnam, Saudi Arabia, New Caledonia, Belgium and Timor-Leste lagged somewhat behind, together comprising a further 17%.

Timor-Leste, with a CAGR of +79.8%, 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

The average transport container export price stood at $X per unit in 2022, remaining stable against the previous year. In general, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 413% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, 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 Australia ($X per unit), while the average price for exports to Timor-Leste ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Transport Container Imports

Imports into Indonesia

In 2022, approx. X units of transport containers were imported into Indonesia; jumping by 244% on the previous year's figure. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2017 when imports increased by 502% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, transport container imports soared to $X in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 196% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X units) was the main transport container supplier to Indonesia, with a 93% share of total imports. It was followed by Japan (X units), with a 1.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +51.8%.

In value terms, China ($X) constituted the largest supplier of transport containers to Indonesia, comprising 66% of total imports. The second position in the ranking was taken by Japan ($X), with a 7.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +51.7%.

Import Prices by Country

The average transport container import price stood at $X per unit in 2022, declining by -25.5% against the previous year. Overall, the import price showed a deep downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 24% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.0%).

Source: IndexBox Platform

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