Indonesia: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Indonesia

In 2022, the Indonesian market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by 143% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value 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, consumption increased by +145.0% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Indonesia

In 2022, the amount of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Indonesia skyrocketed to X units, increasing by 76% compared with 2021 figures. Over the period under review, exports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 214% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids contracted dramatically to $X in 2022. In general, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2018 when exports increased by 139%. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units) was the main destination for exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Indonesia, accounting for a 74% share of total exports. Moreover, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Singapore exceeded the volume sent to the second major destination, Malaysia (X units), sevenfold. Timor-Leste (X units) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-12.2% per year) and Timor-Leste (-6.8% per year).

In value terms, Singapore ($X), Australia ($X) and Saudi Arabia ($X) constituted the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Indonesia worldwide, with a combined 19% share of total exports.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +5.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, waning by -69.5% against the previous year. In general, the export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 776%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Australia ($X per unit), while the average price for exports to Singapore ($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 (+76.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Indonesia

After four years of decline, supplies from abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by 125% to X units in 2022. In general, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids surged to $X in 2022. Overall, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Indonesia, accounting for a 63% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), fivefold. Singapore (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+24.7% per year) and Singapore (+18.1% per year).

In value terms, China ($X) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Indonesia, comprising 66% of total imports. The second position in the ranking was taken by South Korea ($X), with a 13% share of total imports. It was followed by Italy, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+33.8% per year) and Italy (+10.1% per year).

Import Prices by Country

The average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, rising by 16% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 51%. 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 South Korea ($X per unit), while the price for Singapore ($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 (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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