Indonesia: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in Indonesia

The Indonesian hydraulic automatic regulators market totaled $X in 2021, picking up by 13% 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). In general, consumption, however, recorded a prominent increase. Hydraulic automatic regulators consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Hydraulic Automatic Regulators Exports

Exports from Indonesia

Hydraulic automatic regulators exports from Indonesia shrank to X units in 2021, which is down by -12.3% against 2020 figures. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2016 when exports increased by 68% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, hydraulic automatic regulators exports dropped remarkably to $X in 2021. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2016 when exports increased by 108%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X units), Malaysia (X units) and China (X units) were the main destinations of hydraulic automatic regulators exports from Indonesia, with a combined 97% share of total exports. These countries were followed by the United Arab Emirates, which accounted for a further 2.2%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +47.0%), while the other leaders experienced mixed trend patterns.

In value terms, Singapore ($X) remains the key foreign market for hydraulic or pneumatic automatic regulating instruments exports from Indonesia, comprising 55% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 22% share of total exports. It was followed by Malaysia, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at -5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+65.6% per year) and Malaysia (-32.6% per year).

Export Prices by Country

In 2021, the average hydraulic automatic regulators export price amounted to $X per unit, waning by -24.3% against the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 73%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Automatic Regulators Imports

Imports into Indonesia

In 2021, supplies from abroad of hydraulic or pneumatic automatic regulating instruments decreased by -7.2% to X units, falling for the second consecutive year after four years of growth. In general, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by 193%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, hydraulic automatic regulators imports skyrocketed to $X in 2021. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 226%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of hydraulic automatic regulators to Indonesia, with a 79% share of total imports. Moreover, hydraulic automatic regulators imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), tenfold. The third position in this ranking was taken by Malaysia (X units), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +28.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+20.0% per year) and Malaysia (+33.5% per year).

In value terms, the largest hydraulic automatic regulators suppliers to Indonesia were Japan ($X), China ($X) and Malaysia ($X), with a combined 76% share of total imports.

Malaysia, with a CAGR of +32.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hydraulic automatic regulators import price stood at $X per unit in 2021, surging by 66% against the previous year. Overall, the import price, however, showed a deep slump. The pace of growth appeared the most rapid in 2015 an increase of 119% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: 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 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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