Indonesia: Petroleum Market 2020

Petroleum Market Size in Indonesia

The revenue of the petroleum market in Indonesia amounted to $X in 2017, dropping by -X% against the previous year. Overall, petroleum consumption continues to indicate a significant drop. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Over the period under review, the petroleum market reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Petroleum Production in Indonesia

In 2017, approx. X kg of petroleum were produced in Indonesia; shrinking by -X% against the previous year. In general, petroleum production continues to indicate a moderate setback. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. In that year, the petroleum production attained their peak volume of X tons. From 2009 to 2017, growth of the petroleum production stood at a somewhat lower level.

Petroleum Exports from Indonesia

In 2017, petroleum exports from Indonesia stood at X tons, picking up by X% against the previous year. Overall, petroleum exports continue to indicate a drastic descent. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the petroleum exports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, petroleum exports amounted to $X in 2017. In general, petroleum exports continue to indicate a deep decline. Over the period under review, the petroleum exports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Petroleum Exports by Country from Indonesia

In 2017, the U.S. (X tons), followed by Russia (X tons), Singapore (X tons), the Netherlands (X tons), South Korea (X tons) and India (X tons) represented the main exporters of petroleum, together creating X% of total exports. China (X tons), Belgium (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Canada (X tons) and Malaysia (X tons) occupied the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Russia ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

In terms of the main exporting countries , the U.S. (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Export Prices by Country in Indonesia

In 2017, the petroleum export price in Indonesia amounted to $X per ton, growing by X% against the previous year. In general, the export price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017, an increase of X% against the previous year. Over the period under review, the export prices for petroleum reached its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Petroleum Imports into Indonesia

Petroleum imports into Indonesia stood at X tons in 2017, jumping by X% against the previous year. In general, the total imports indicated a noticeable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the petroleum imports attained its maximum volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, petroleum imports totaled $X in 2017. In general, petroleum imports continue to indicate a modest growth. Indonesia imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Petroleum Imports by Country into Indonesia

In 2017, the U.S. (X tons) and Singapore (X tons) represented the main importers of petroleum in the globe, together resulting at near X% of total imports. It was followed by the Netherlands (X tons), making up X% share of total imports. Mexico (X tons), Belgium (X tons), Germany (X tons), Malaysia (X tons), France (X tons), China (X tons), the UK (X tons), Indonesia (X tons) and Canada (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Singapore ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Mexico, Germany, Belgium, France, the UK, Malaysia, Indonesia, China and Canada, which together accounted for a further X%.

Among the main importing countries , Malaysia (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Import Prices by Country in Indonesia

The petroleum import price in Indonesia stood at $X per ton in 2017, coming up by X% against the previous year. Overall, petroleum import price continues to indicate a measured decline. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% y-o-y. Indonesia import price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the UK ($X per ton) and Germany ($X per ton), while China ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform