Indonesia: Moulds For Metal Market 2024

Moulds For Metal Market Size in Indonesia

The Indonesian moulds for metal market reduced slightly to $X in 2022, which is down by -1.8% against the previous year. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +6.1% against 2020 indices. Moulds for metal consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Moulds For Metal Production in Indonesia

In value terms, moulds for metal production contracted modestly to $X in 2022 estimated in export price. In general, production, however, saw a strong increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 79% against the previous year. Moulds for metal production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Moulds For Metal Exports

Exports from Indonesia

In 2022, shipments abroad of moulds for metals was finally on the rise to reach X tons after three years of decline. Over the period under review, exports enjoyed a resilient increase. The exports peaked at X tons in 2013; afterwards, it flattened through to 2022.

In value terms, moulds for metal exports skyrocketed to $X in 2022. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 119% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for moulds for metal exports from Indonesia, with a 40% share of total exports. Moreover, moulds for metal exports to Malaysia exceeded the volume sent to the second major destination, Singapore (X tons), twofold. The third position in this ranking was taken by Japan (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Malaysia stood at +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+3.2% per year) and Japan (+16.4% per year).

In value terms, the United States ($X) remains the key foreign market for moulds for metals exports from Indonesia, comprising 42% of total exports. The second position in the ranking was held by Singapore ($X), with a 14% share of total exports. It was followed by Malaysia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+0.8% per year) and Malaysia (+0.1% per year).

Export Prices by Country

The average moulds for metal export price stood at $X per ton in 2022, with a decrease of -4.5% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, moulds for metal export price increased by +76.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 56% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia ($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 Taiwan (Chinese) (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Indonesia

In 2022, after two years of decline, there was significant growth in supplies from abroad of moulds for metals, when their volume increased by 32% to X tons. Overall, imports, however, continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2019 when imports increased by 44%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, moulds for metal imports expanded notably to $X in 2022. In general, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 38%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of moulds for metal to Indonesia, accounting for a 50% share of total imports. Moreover, moulds for metal imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. Japan (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-0.3% per year) and Japan (-7.4% per year).

In value terms, Japan ($X), China ($X) and South Korea ($X) were the largest moulds for metal suppliers to Indonesia, together accounting for 65% of total imports. Taiwan (Chinese), Singapore, Malaysia, India and Hong Kong SAR lagged somewhat behind, together accounting for a further 24%.

In terms of the main suppliers, India, with a CAGR of +0.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average moulds for metal import price amounted to $X per ton, reducing by -15% against the previous year. Over the period under review, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform