Indonesia: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Indonesia

The Indonesian geometrical quantities electronic measurer market soared to $X in 2022, with an increase of 71% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a resilient increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Indonesia

In 2022, overseas shipments of electronic instruments and machines for measuring geometrical quantities decreased by -20.3% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 89%. As a result, the exports attained the peak of X units, and then declined rapidly in the following year.

In value terms, geometrical quantities electronic measurer exports dropped to $X in 2022. Overall, exports saw a mild setback. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X units) was the main destination for geometrical quantities electronic measurer exports from Indonesia, accounting for a 44% share of total exports. Moreover, geometrical quantities electronic measurer exports to Malaysia exceeded the volume sent to the second major destination, China (X units), twofold. Taiwan (Chinese) (X units) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia stood at +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+62.9% per year) and Taiwan (Chinese) (+14.6% per year).

In value terms, China ($X) emerged as the key foreign market for electronic instruments and machines for measuring geometrical quantities exports from Indonesia, comprising 31% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 15% share of total exports. It was followed by Taiwan (Chinese), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +63.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-2.6% per year) and Taiwan (Chinese) (+5.2% per year).

Export Prices by Country

The average geometrical quantities electronic measurer export price stood at $X per unit in 2022, with an increase of 21% against the previous year. Overall, the export price, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2013 when the average export price increased by 55%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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 India ($X per unit), while the average price for exports to South Africa ($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 Singapore (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Indonesia

In 2022, purchases abroad of electronic instruments and machines for measuring geometrical quantities increased by 54% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 181% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, geometrical quantities electronic measurer imports surged to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.9% 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 +89.1% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest geometrical quantities electronic measurer supplier to Indonesia, accounting for a 67% share of total imports. Moreover, geometrical quantities electronic measurer imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), tenfold. The third position in this ranking was held by South Korea (X units), with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-8.2% per year) and South Korea (+8.2% per year).

In value terms, China ($X), Japan ($X) and South Korea ($X) were the largest geometrical quantities electronic measurer suppliers to Indonesia, with a combined 54% share of total imports. Singapore, Thailand, Germany, the United States and Vietnam lagged somewhat behind, together accounting for a further 21%.

Among the main suppliers, Vietnam, with a CAGR of +53.3%, recorded the highest growth rate of the value of imports, 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 geometrical quantities electronic measurer import price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. The growth pace was the most rapid in 2017 when the average import price increased by 50%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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