Indonesia: Loading Machinery Market 2025

Loading Machinery Market Size in Indonesia

The Indonesian loading machinery market rose sharply to $X in 2022, picking up by 7.3% against the previous year. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.8% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Loading Machinery Production in Indonesia

In value terms, loading machinery production expanded markedly to $X in 2022 estimated in export price. Over the period under review, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Loading Machinery Exports

Exports from Indonesia

In 2022, overseas shipments of lifting, handling, loading or unloading machinery decreased by -6.7% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2015 with an increase of 243% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, loading machinery exports surged to $X in 2022. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 259%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Singapore (X units), the United States (X units) and Vietnam (X units) were the main destinations of loading machinery exports from Indonesia, with a combined 46% share of total exports. These countries were followed by South Korea, Myanmar, Thailand, Malaysia, the Netherlands, Norway, Australia, Japan, India and Saudi Arabia, which together accounted for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of +32.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for loading machinery exported from Indonesia were Singapore ($X), Vietnam ($X) and the Netherlands ($X), together accounting for 53% of total exports. These countries were followed by the United States, Malaysia, South Korea, Australia, India, Thailand, Myanmar, Japan, Saudi Arabia and Norway, which together accounted for a further 27%.

In terms of the main countries of destination, India, with a CAGR of +41.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average loading machinery export price stood at $X per unit in 2022, growing by 28% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loading machinery export price increased by +62.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 72%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Norway ($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 Saudi Arabia (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Loading Machinery Imports

Imports into Indonesia

In 2022, loading machinery imports into Indonesia skyrocketed to X units, rising by 30% against the previous year's figure. In general, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.6% against 2020 indices. The growth pace was the most rapid in 2015 when imports increased by 67% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, loading machinery imports surged to $X in 2022. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2015 when imports increased by 70%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of loading machinery to Indonesia, with a 80% share of total imports. Moreover, loading machinery imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+5.2% per year) and Germany (-10.3% per year).

In value terms, China ($X) constituted the largest supplier of lifting, handling, loading or unloading machinery to Indonesia, comprising 67% of total imports. The second position in the ranking was held by South Korea ($X), with an 8.7% share of total imports. It was followed by Germany, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+8.6% per year) and Germany (-5.8% per year).

Import Prices by Country

The average loading machinery import price stood at $X per unit in 2022, with an increase of 22% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loading machinery import price increased by +79.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 49% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 China (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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