Indonesia: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in Indonesia

In 2022, the Indonesian metal flexible tubing market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed a pronounced increase. Metal flexible tubing consumption peaked in 2022 and is likely to see steady growth in years to come.

Metal Flexible Tubing Exports

Exports from Indonesia

In 2022, approx. X tons of iron or steel flexible tubing were exported from Indonesia; with an increase of X% on the year before. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, metal flexible tubing exports skyrocketed to $X in 2022. In general, exports saw resilient growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for metal flexible tubing exports from Indonesia, accounting for a X% share of total exports. Moreover, metal flexible tubing exports to Poland exceeded the volume sent to the second major destination, Japan (X tons), twofold. India (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and India (X% per year).

In value terms, the largest markets for metal flexible tubing exported from Indonesia were Poland ($X), Japan ($X) and Australia ($X), with a combined X% share of total exports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 metal flexible tubing export price amounted to $X per ton, surging by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is likely to continue growth in the near future.

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 Thailand ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Flexible Tubing Imports

Imports into Indonesia

In 2022, purchases abroad of iron or steel flexible tubing increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, metal flexible tubing imports surged to $X in 2022. Overall, imports posted a tangible increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal flexible tubing to Indonesia, accounting for a X% share of total imports. Moreover, metal flexible tubing imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel flexible tubing to Indonesia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with an X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Thailand (X% per year).

Import Prices by Country

The average metal flexible tubing import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, saw a mild downturn. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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