Indonesia: Market for Iron Or Steel Solid Fuel Domestic Appliances 2025

Market Size for Iron Or Steel Solid Fuel Domestic Appliances in Indonesia

The Indonesian metal solid fuel appliances market reduced slightly to $X in 2022, waning by -3.4% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Iron Or Steel Solid Fuel Domestic Appliances in Indonesia

In value terms, metal solid fuel appliances production shrank to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 21%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Exports of Iron Or Steel Solid Fuel Domestic Appliances

Exports from Indonesia

In 2022, after two years of growth, there was significant decline in shipments abroad of iron or steel solid fuel domestic appliances, when their volume decreased by -44.3% to X units. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 859%. As a result, the exports attained the peak of X units, and then shrank remarkably in the following year.

In value terms, metal solid fuel appliances exports dropped sharply to $X in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,344% against the previous year. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

Senegal (X units) was the main destination for metal solid fuel appliances exports from Indonesia, accounting for a 34% share of total exports. Moreover, metal solid fuel appliances exports to Senegal exceeded the volume sent to the second major destination, the United States (X units), threefold. Germany (X units) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to Senegal totaled +55.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+37.4% per year) and Germany (+34.2% per year).

In value terms, Senegal ($X), Germany ($X) and the United States ($X) were the largest markets for metal solid fuel appliances exported from Indonesia worldwide, with a combined 65% share of total exports. Cambodia, Japan, the Czech Republic, Kenya and the Netherlands lagged somewhat behind, together accounting for a further 14%.

Japan, with a CAGR of +137.6%, saw 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 solid fuel appliances export price amounted to $X per unit, dropping by -4% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 118% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the Netherlands ($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 Japan (+83.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Solid Fuel Domestic Appliances

Imports into Indonesia

In 2022, the amount of iron or steel solid fuel domestic appliances imported into Indonesia reduced dramatically to X units, dropping by -75% on the year before. Overall, imports saw a noticeable contraction. The growth pace was the most rapid in 2013 when imports increased by 880% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, metal solid fuel appliances imports contracted dramatically to $X in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 778% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of metal solid fuel appliances to Indonesia, accounting for a 87% share of total imports. It was followed by Singapore (X units), with a 1.9% share of total imports. The third position in this ranking was held by Italy (X units), with a 1.5% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+9.6% per year) and Italy (-16.0% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel solid fuel domestic appliances to Indonesia, comprising 86% of total imports. The second position in the ranking was held by Italy ($X), with a 4.2% share of total imports. It was followed by Singapore, with a 3.2% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-18.1% per year) and Singapore (+0.5% per year).

Import Prices by Country

The average metal solid fuel appliances import price stood at $X per unit in 2022, dropping by -35% against the previous year. Overall, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of 11% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 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 Italy ($X per unit), while the price for Malaysia ($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) (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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