Indonesia: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Exports

Exports from Indonesia

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported from Indonesia soared to X units, surging by 86% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 387%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, confectionery-making industrial machinery exports skyrocketed to $X in 2022. Overall, exports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 283% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units), Nigeria (X units) and Sri Lanka (X units) were the main destinations of confectionery-making industrial machinery exports from Indonesia, with a combined 55% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +20.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) remains the key foreign market for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exports from Indonesia, comprising 45% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 12% share of total exports. It was followed by India, with a 9% share.

From 2012 to 2022, the average annual growth rate of value to Nigeria amounted to +30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+4.1% per year) and India (-14.0% per year).

Export Prices by Country

The average confectionery-making industrial machinery export price stood at $X per unit in 2022, with a decrease of -9% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, confectionery-making industrial machinery export price decreased by -13.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 38% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to Russia ($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 Nigeria (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into Indonesia

In 2022, supplies from abroad of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate increased by 97% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, saw a noticeable reduction. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, confectionery-making industrial machinery imports soared to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Singapore (X units) and Germany (X units) were the main suppliers of confectionery-making industrial machinery imports to Indonesia, together comprising 51% of total imports. The Netherlands, Japan, Brazil, Switzerland, Italy, South Korea, Taiwan (Chinese) and Malaysia lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +67.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest confectionery-making industrial machinery suppliers to Indonesia, together comprising 47% of total imports. China, Singapore, Switzerland, Brazil, Italy, South Korea, Taiwan (Chinese) and Malaysia lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, Switzerland, with a CAGR of +58.1%, saw the highest rates of growth with regard to 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

The average confectionery-making industrial machinery import price stood at $X per unit in 2022, with an increase of 23% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 24%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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