Indonesia: Inflatable Vessel Market 2025

Inflatable Vessel Market Size in Indonesia

In 2021, after two years of growth, there was significant decline in the Indonesian inflatable vessel market, when its value decreased by -9.8% to $X. In general, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +35.6% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then fell in the following year.

Inflatable Vessel Production in Indonesia

In value terms, inflatable vessel production reduced to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 30%. Over the period under review, production reached the peak level at $X in 2020, and then dropped in the following year.

Inflatable Vessel Exports

Exports from Indonesia

For the sixth consecutive year, Indonesia recorded growth in shipments abroad of inflatable vessels for pleasure or sports, which increased by 75% to X units in 2021. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2016 with an increase of 284% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, inflatable vessel exports skyrocketed to $X in 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 178%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X units) was the main destination for inflatable vessel exports from Indonesia, accounting for a 74% share of total exports. Moreover, inflatable vessel exports to the United States exceeded the volume sent to the second major destination, Denmark (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +160.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+90.2% per year) and Canada (+66.8% per year).

In value terms, the United States ($X) remains the key foreign market for inflatable vessels for pleasure or sports exports from Indonesia, comprising 45% of total exports. The second position in the ranking was held by Denmark ($X), with an 18% share of total exports. It was followed by Canada, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +147.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+56.2% per year) and Canada (+78.5% per year).

Export Prices by Country

In 2021, the average inflatable vessel export price amounted to $X per unit, falling by -10% against the previous year. Over the period under review, the export price showed a sharp reduction. The growth pace was the most rapid in 2013 a decrease of -9.8%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to the United States ($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 Canada (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

Inflatable Vessel Imports

Imports into Indonesia

In 2021, inflatable vessel imports into Indonesia skyrocketed to X units, surging by 110% compared with 2020 figures. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 187%. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, inflatable vessel imports soared to $X in 2021. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of 107%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main inflatable vessel supplier to Indonesia, with a 95% share of total imports. It was followed by Singapore (X units), with a 2.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-12.0% per year) and Ukraine (+93.8% per year).

In value terms, China ($X) constituted the largest supplier of inflatable vessels for pleasure or sports to Indonesia, comprising 39% of total imports. The second position in the ranking was held by Ukraine ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+59.5% per year) and Singapore (-8.4% per year).

Import Prices by Country

The average inflatable vessel import price stood at $X per unit in 2021, with a decrease of -29.3% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 an increase of 116%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Ukraine ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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