Indonesia: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in Indonesia

The Indonesian electrical signalling apparatus market stood at $X in 2022, picking up by 8.8% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Electrical signalling apparatus consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Electrical Signalling Apparatus Production in Indonesia

In value terms, electrical signalling apparatus production expanded markedly to $X in 2022 estimated in export price. Overall, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.3% 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 -8.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 54% against the previous year. Electrical signalling apparatus production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Electrical Signalling Apparatus Exports

Exports from Indonesia

In 2022, exports of electrical apparatus for sound or visual signalling from Indonesia amounted to X units, with an increase of 3.9% compared with 2021. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 3,465% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, electrical signalling apparatus exports surged to $X in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 2,606% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X units), France (X units) and Japan (X units) were the main destinations of electrical signalling apparatus exports from Indonesia, with a combined 45% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +137.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical signalling apparatus exported from Indonesia were China ($X), Germany ($X) and Japan ($X), with a combined 43% share of total exports. France, Mexico, Spain, Russia, the United States, India, the United Arab Emirates, Thailand and Saudi Arabia lagged somewhat behind, together comprising a further 17%.

France, with a CAGR of +144.3%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the average electrical signalling apparatus export price amounted to $X per unit, with an increase of 26% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical signalling apparatus export price increased by +59.2% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Saudi Arabia ($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 Japan (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into Indonesia

In 2022, approx. X units of electrical apparatus for sound or visual signalling were imported into Indonesia; falling by -2.4% against 2021. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 22%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, electrical signalling apparatus imports shrank to $X in 2022. Over the period under review, total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by +0.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 52% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electrical signalling apparatus to Indonesia, accounting for a 56% share of total imports. Moreover, electrical signalling apparatus imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), fourfold. Japan (X units) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+7.2% per year) and Japan (+11.5% per year).

In value terms, Singapore ($X), China ($X) and Japan ($X) were the largest electrical signalling apparatus suppliers to Indonesia, together comprising 71% of total imports. Malaysia, Hong Kong SAR, the United States, Thailand, Taiwan (Chinese) and South Korea lagged somewhat behind, together comprising a further 16%.

Hong Kong SAR, with a CAGR of +25.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average electrical signalling apparatus import price amounted to $X per unit, with a decrease of -9.9% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical signalling apparatus import price decreased by -34.9% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of 32% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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