Indonesia: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in Indonesia

In 2021, the Indonesian market for electro-thermic appliances or domestic purposes increased by 2.5% to $X, rising for the third consecutive year after three years of decline. Over the period under review, consumption continues to indicate a abrupt decrease. Electro-thermic appliances or domestic purposes consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from Indonesia

After three years of decline, shipments abroad of electro-thermic appliances or domestic purposes increased by 19% to X units in 2021. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 234%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electro-thermic appliances or domestic purposes exports soared to $X in 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 134%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X units) was the main destination for electro-thermic appliances or domestic purposes exports from Indonesia, with a 65% share of total exports. Moreover, electro-thermic appliances or domestic purposes exports to Japan exceeded the volume sent to the second major destination, Italy (X units), threefold. The third position in this ranking was held by Saudi Arabia (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan stood at +150.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+11.4% per year) and Saudi Arabia (-26.8% per year).

In value terms, Japan ($X) remains the key foreign market for electro-thermic appliances or domestic purposes exports from Indonesia, comprising 65% of total exports. The second position in the ranking was held by Italy ($X), with a 20% share of total exports. It was followed by Saudi Arabia, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan totaled +153.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+9.3% per year) and Saudi Arabia (-11.1% per year).

Export Prices by Country

The average export price for electro-thermic appliances or domestic purposes stood at $X per unit in 2021, surging by 13% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 42%. The export price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to the United Arab Emirates ($X per unit) and Peru ($X per unit), while the average price for exports to Italy ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into Indonesia

In 2021, overseas purchases of electro-thermic appliances or domestic purposes increased by 1.2% to X units, rising for the third consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 80% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electro-thermic appliances or domestic purposes imports amounted to $X in 2021. Overall, imports continue to indicate notable growth. The pace of growth appeared the most rapid in 2014 with an increase of 96% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest electro-thermic appliances or domestic purposes supplier to Indonesia, with a 85% share of total imports. Moreover, electro-thermic appliances or domestic purposes imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. France (X units) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+155.5% per year) and France (+26.7% per year).

In value terms, China ($X) constituted the largest supplier of electro-thermic appliances or domestic purposes to Indonesia, comprising 85% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 4.8% share of total imports. It was followed by France, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+170.5% per year) and France (+47.5% per year).

Import Prices by Country

The average import price for electro-thermic appliances or domestic purposes stood at $X per unit in 2021, picking up by 12% against the previous year. Overall, the import price posted significant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 250% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Vietnam ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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