Indonesia: Dc Motor Market 2024

Dc Motor Market Size in Indonesia

The Indonesian DC motor market declined to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Dc Motor Production in Indonesia

In value terms, DC motor production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Dc Motor Exports

Exports from Indonesia

In 2022, approx. X units of DC motors were exported from Indonesia; remaining relatively unchanged against the previous year's figure. Over the period under review, exports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, DC motor exports amounted to $X in 2022. In general, exports saw a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand (X units), Japan (X units) and the United States (X units) were the main destinations of DC motor exports from Indonesia, with a combined X% share of total exports. China, Malaysia, India, Mexico, Taiwan (Chinese), Singapore, Hong Kong SAR and Germany lagged somewhat behind, together accounting for a further X%.

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

In value terms, Thailand ($X), Japan ($X) and the United States ($X) were the largest markets for DC motor exported from Indonesia worldwide, together comprising X% of total exports. China, Malaysia, India, Taiwan (Chinese), Mexico, Singapore, Hong Kong SAR and Germany lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, saw the highest growth rate of 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 DC motor export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Mexico ($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 Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dc Motor Imports

Imports into Indonesia

In 2022, after four years of growth, there was significant decline in purchases abroad of DC motors, when their volume decreased by X% to X units. Over the period under review, total imports indicated a strong expansion 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 2016 indices. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at X units in 2021, and then fell in the following year.

In value terms, DC motor imports rose markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of DC motor to Indonesia, with a X% share of total imports. Moreover, DC motor imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), ninefold. Singapore (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Singapore (X% per year).

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

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

Import Prices by Country

The average DC motor import price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the import price, however, showed a pronounced decline. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :